By Divya Prata
Bajaj Housing Finance Ltd. reported a rise in assets under management in the quarter ended June 2025, as per a quarterly business update released on Thursday.The lender’s assets under management as of the June quarter saw an advance of 24% to stand at Rs 1.2 lakh crore, as compared to Rs 97,071 crore in the same quarter during the preceding fiscal.Loan assets of the Bajaj Group non-banking financial company stood at Rs 1 lakh crore, up from the Rs 85,283 crore in the corresponding quarter last year.Bajaj Housing Finance recorded a gross disbursement of Rs 14,640 crore for the quarter, as compared to Rs 12,004 crore in the June quarter of fiscal 2025. .UCO Bank Q1 Update: Business Grows Nearly 14%, Loan-Book Expands 20%.Bajaj Housing had recently been in focus as UBS initiated coverage on the stock with a ‘neutral’ rating and a price target of Rs 135. UBS had forecast a 24% AUM CAGR over fiscals 2025 to 2027, but flagged limited scope to change the loan mix and expected return on assets to be range-bound.UBS highlighted Bajaj Housing Finance’s optimised AUM mix, with reduced home loans and increasing high-yield segments, such as developer financing and lease rental discounting. However, the brokerage does not expect further gains from a mix change due to the cyclical nature and risk involved in the construction business.Shares of the company ended marginally lower at Rs 121.25 apiece, as compared to a 0.19% dip in the benchmark NSE Nifty 50..Mahindra Finance Q1 Performance Muted Amid Asset Quality Concerns, Says Morgan Stanley