The brokerage believes Piramal is entering a phase where scale benefits, lower operating costs and a sharper credit framework will drive meaningful expansion in return ratios.
At 1:20 PM, IIFL Finance share price was trading 1.98 per cent higher at ₹568.10 per share. In comparison, BSE Sensex was trading 1.12 per cent higher at 85,534.94 levels
In the past two months, the stock price of the non-banking finance company (NBFC) has surged 34 per cent after it reported a steady performance in the September 2025 quarter (Q2FY26)
DIIs - which include mutual funds, insurance companies, and pension funds -- poured $19.7 billion into Indian stocks last quarter, far ahead of the $5.4 billion invested by FIIs.
Technical chart suggests that Bajaj Finance stock could rally towards the ₹1,000-mark in short-to-medium term period; here are the key levels to watch out for.
The Nifty PSU Bank index rose 1.46%, or 86.3 points to hit an intraday high of 5,976.75, while the Nifty Bank index increased 0.72%, adding 349.15 points to hit an intraday high of 48,839.10
In the past six trading days, Bajaj Finance share has soared 15 per cent. On January 30, 2025, the stock had surpassed its previous high of Rs 8,190 touched in October 2023
Japan-based brokerage Nomura highlighted Bajaj Finance's consistent delivery of strong numbers, citing an AUM compound annual growth rate (CAGR) of 30 per cent over FY13 to Q3FY25
The rise in the Manba Finance counter came after the company announced that it has achieved the highest ever asset under management (AUM) of Rs 1,200 crore till date.