Global brokerage CLSA, which has maintained a sell rating on the stock, pointed out that the lender’s loan growth was slow despite the festive season. It said that despite underperformance, the stock remains “unjustifiably expensive.”Bajaj Finance shares crack up to 8%. What’s the bad news?
Global brokerage CLSA, which has maintained a sell rating on the stock, pointed out that the lender’s loan growth was slow despite the festive season. It said that despite underperformance, the stock remains “unjustifiably expensive.”