Bajaj Finance Falls 6% Despite Strong Q1 Profit Growth

Bajaj Finance shares dropped 6% as rising MSME and auto loan stress worried investors, despite a 22% jump in Q1FY26 net profit to Rs 4,765 crore. Brokerages downgraded the stock, citing elevated credit costs and muted segment outlooks. Views remain mixed, with target prices ranging from Rs 640 to Rs 2,140.