Bajaj Finance shares jump 5% after Q2 business update. Why Jefferies sees 35% upside in its top pick?

05 Oct 2026 · 10:42

Bajaj Finance shares jump 5% after Q2 business update. Why Jefferies sees 35% upside in its top pick?

Shares of Bajaj Finance jumped around 5% on Monday after the company released its provisional business update for Q2 FY27, reporting a 26.5% year-on-year increase in assets under management (AUM) to nearly Rs 5.85 lakh crore.Bajaj Finance shares rose to Rs 993 apiece on Monday morning, snapping a four-session losing streak. The company on Saturday reported a nearly Rs 37,800 crore increase in AUM during the July-September quarter, from Rs 4.6 lakh crore in the corresponding quarter of the previous financial year.The non-banking financial company’s customer franchise stood at 12.89 crore as of

21 Oct 2026 · 10:47

Bajaj Finance shares fall 3% after Q2 results. What Jefferies, Nomura, other brokerages now expect?

Shares of Bajaj Finance dropped around 3% on Wednesday after the company reported a 29% year-on-year increase in net profit to Rs 6,367 crore for the July-September quarter of the ongoing financial year 2027.Bajaj Finance on Monday released its results for Q2 FY27, reporting a 24% YoY increase in net interest income (NII) to Rs 13,335 crore during the quarter under review, from Rs 10,785 crore reported in the year-ago period. The company’s assets under management (AUM) grew 26% YoY to Rs 5.85 lakh crore. The stock dropped to Rs 929.20 apiece on NSE on Wednesday morning.The non-banking financia