Bajaj Finance Ltd Recent price action and valuation

Over the past week, the company has lost more than ₹19,000 crore in market value, with the stock under pressure even though fundamentals remain strong, making it one of the worst-hit large-caps in that period. Commentaries point to valuation concerns after a long period of outperformance, with the stock still trading at a premium to other NBFCs despite regulatory overhang and some moderation in return ratios.