4 reasons Bajaj Finance is this week’s stock pick
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Bajaj Finance (BAF), a diversified NBFC, reported a strong performance in the third quarter of 2022-23 with a 40% y-o-y jump in net profit. The reported net profit was 1.7% higher than the consensus estimates of analysts compiled by Thomson Reuters-Refinitv. The performance was driven by strong customer addition, robust growth in cross-sell customer franchise, highest-ever new loan bookings and moderation in opex growth. The asset quality
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