From The Economic Times · Debaroti Adhikary · · 1m 20s
Bajaj Finance Shares Jump 5% After Q2 Update
Bajaj Finance shares rise 5% after Q2 business update as Jefferies sees 35% upside potential.
In brief
Bajaj Finance shares rise 5% after Q2 business update as Jefferies sees 35% upside potential. Bajaj Finance shares increased 5% following Q2 FY27 results showing 26.5% year-on-year AUM growth to nearly Rs 5.85 lakh crore, with Jefferies maintaining a 'Buy' rating and 35% upside target. Originally reported by The…
Bajaj Finance Q2 Results
Bajaj Finance reported steady customer additions and loan growth during the July-September quarter.
Shares Jump 5% After Update
Bajaj Finance shares rose to Rs 993 apiece on Monday morning, snapping a four-session losing streak.
AUM Growth 26.5% YoY
The company reported a 26.5% year-on-year increase in assets under management to nearly Rs 5.85 lakh crore.
Customer Base Expansion
The non-banking financial company’s customer franchise stood at 12.89 crore as of September 30, 2026.
New Loans Booked 11% YoY
Bajaj Finance’s new loans booked increased 11% YoY to 1.345 crore in Q2 FY27.
QIP Capital Raise Announced
Bajaj Finance will raise Rs 17,500 crore via QIP and warrants to prepare for next phase of growth.
Jefferies Maintains Buy Rating
Jefferies reaffirmed Bajaj Finance as a top pick with a 'Buy' call and Rs 1,280 target price implying 35% upside potential.
The headline
Bajaj Finance shares increased 5% following Q2 FY27 results showing 26.5% year-on-year AUM growth to nearly Rs 5.85 lakh crore, with Jefferies maintaining a 'Buy' rating and 35% upside target.
