Top NBFC Stocks Rise on Jefferies' Outlook

  Published 11 months ago

Bajaj, Shriram, and Cholamandalam Finance stocks rise as Jefferies cites strong monsoon and policy support for credit growth in H2 2026.

  • Bajaj (+2.3%), Shriram (+3.6%), and Cholamandalam (+0.8%) lead the Nifty 50 and financials gains.
  • Jefferies names them top non-bank lending picks, expecting improved asset quality by mid-2026.
  • Bajaj up 36%, Shriram 17% in 2025; Nifty 50 gains 7.8%, financials 15.7%.

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