Morgan Stanley bullish on Bajaj Finance amid leadership uncertainty, sees up to 10% stock upside

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As Bajaj Finance nears a leadership transition, Morgan Stanley maintains an overweight rating with a ₹9,300 target. The brokerage outlines three scenarios for MD Rajeev Jain’s future, with the stock potentially rising 5%-10% if he stays. Shares closed at ₹8,580, with a ₹5.31 lakh crore market cap.

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