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via thehindubusinessline.comBusiness & Companies

Bajaj Finserv shares rebound after Q2 beat, but analysts trim targets on insurance concerns

FROM THE WIRE · THEHINDUBUSINESSLINE.COM

Bajaj Life Insurance delivers a standout performance, with the net value of new business rising 40% to ₹512 crore and VNB margin expanding 460 basis points to 21.7%

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralBetter-than-expected insurance results, but lower targets weigh on the outlook.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Bajaj Life Insurance's net value of new business rose 40% to ₹512 crore.
  2. 02The VNB margin expanded 460 basis points to 21.7%.
  3. 03Analysts trimmed price targets on insurance concerns.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Bajaj Finserv Ltd.BAJAJFINSV.NSEStock1,746.90 INR-0.25%today +1.68%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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