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Kotak Equities prefers Bajaj Finserv; recommends “reduce” on Bajaj Finance

Updated : July 16, 2020 04:09 PM IST

Domestic brokerage Kotak Institutional Equities seems divided over Bajaj Finance and Bajaj Finserve given the changes and challenging circumstances faced by these Bajaj Group companies post COVID-19 pandemic.
Bajaj Finance stock has risen over 78 percent since its 52-week low of Rs 1,783.10 hit on May 27, 2020.
Kotak Equities prefers Bajaj Finserv; recommends “reduce” on Bajaj Finance

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