Top NBFC Stocks Rise on Jefferies' Outlook

  Published 9 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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