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VERIFIEDET Stocks·positive

Jefferies picks 4 NBFCs with up to 20% upside that may continue outperforming Nifty, bank stocks. Here’s why

AI Summary
  • ·Jefferies has identified Bajaj Finance, Cholamandalam Investment and Finance Company, Aditya Birla Capital, and Shriram Finance as potential outperformers.
  • ·The brokerage anticipates up to 20% upside for these NBFCs based on their target prices.
  • ·Factors expected to drive gains include strong earnings growth, asset-quality improvement, and EPS upgrades.
BAJFINANCENIFTYCHOLAFINSHRIRAMFINABCAPITAL
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