Now Reading: Bajaj Finance shares fall 3% as Q2 profit rises 29%
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Bajaj Finance shares fall 3% as Q2 profit rises 29%
The Story in Brief
Bajaj Finance shares fell 3% on Wednesday, 21 October, to Rs 929.20 on the NSE, even after the non-banking financial company reported a 29% year-on-year rise in consolidated net profit to Rs 6,367 crore for the July-September quarter of FY27. Net interest income grew 24% to Rs 13,335 crore, while assets under management rose 26% to Rs 5.85 lakh crore. Gross NPAs improved to 1.06% of loans, from 1.24% in 2025.
The board had approved a plan on 1 October to raise up to Rs 11,700 crore through a qualified institutions placement and a preferential issue of warrants worth Rs 5,800 crore to Bajaj Finserv. Brokerages mostly retained positive ratings: Jefferies kept a 'Buy' with a target of Rs 1,230, Nomura a 'Buy' at Rs 1,270, and Axis Securities a 'Buy' at Rs 1,255. Bernstein had an 'Underperform' call. The stock closed at Rs 957.35 on Tuesday, 20 October.
Indian Opinion Analysis
All five sources cover the same Bajaj Finance Q2 results and stock drop story. Livemint, Economic Times, Business Standard, and NDTV Profit each treat it as a stock-market business story with no political framing at all: they lead with the profit number, the share fall, and brokerage ratings. CNBCTV18 filed a separate story on Piramal Finance on the same day, not about Bajaj Finance, so it provides no facts usable for this article. The four relevant outlets all report neutrally, attribute their figures to the company’s regulatory filing, and give equal space to positive forecasts (Jefferies, Nomura, Axis Securities) and caution (margin headwinds, Bernstein’s Underperform call). No outlet omits or overstates a material detail. The shared coverage is uniform straight agency-style reporting.
Coverage: 5 sources, 5 neutral
Sources (5): livemint.com (neutral report), economictimes.indiatimes.com (neutral report), cnbctv18.com (neutral report), business-standard.com (neutral report), ndtvprofit.com (neutral report)
This brief was synthesised by AI from the 5 sources linked above, so one read covers every framing they carry. Methodology and corrections.
Update, 21 October 2026: this story now draws on 5 sources.
