Buy Bajaj Finance, target price Rs 8,500: ICICI Securities

ICICI Securities maintains a buy call on Bajaj Finance with a target price of Rs 8500, up from the current market price of Rs 6968.4. Bajaj Finance aims to expand its market share and customer base significantly by FY29, targeting a Return on Equity of 20-22%. The company recently reported strong quarterly results with increased total income and net profit.