BAJAJ FINANCE SHARES SLIDE 3% AFTER Q2 FY27 RESULTS

Shares of

came under selling pressure on Wednesday, declining nearly 3% despite the company reporting healthy profit growth for the September quarter. The NBFC posted a 29% year-on-year increase in net profit to ₹6,367 crore for Q2 FY27, covering the July–September period. 🔥 KEY HIGHLIGHTS 🔹 Net Profit: ₹6,367 crore, up 29% YoY 🔹 Share Price Movement: Down approximately 3% 🔹 Nomura & Jefferies: Maintained Buy ratings 🔹 Jefferies: Revised its target price downward 🔹 360 ONE WAM: Upgraded its recommendation to Buy, citing an improved risk-reward profile and healthy growth prospects. Despite strong year-on-year profit growth, the stock declined following the quarterly results, indicating that market expectations and the outlook may also be influencing investor sentiment. Broker views remain constructive, although valuation, asset quality and future growth trends warrant close monitoring. ⚠️ DISCLAIMER: Brokerage opinions and target prices are subject to change and do not guarantee returns. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.