# Bajaj Finance Shares Jump 5% After Q2 Update

> Bajaj Finance shares rise 5% after Q2 business update as Jefferies sees 35% upside potential.
- Title: Bajaj Finance Shares Jump 5% After Q2 Update | Shortify
- Summary: Bajaj Finance shares rise 5% after Q2 business update as Jefferies sees 35% upside potential. Bajaj Finance shares increased 5% following Q2 FY27 results…
- Keywords: bajaj finance, q2 fy27, aum, jefferies, buy rating, qip, nifty 50, money, business, Bajaj, Finance, Shares
- Source: The Economic Times — https://economictimes.indiatimes.com/markets/stocks/news/bajaj-finance-shares-jump-5-after-q2-business-update-why-jefferies-sees-35-upside-in-its-top-pick/articleshow/134686516.cms
- Author: Debaroti Adhikary
- Published: 2026-10-05T05:12:00+00:00
- Read time: 1 min
- Topics: bajaj finance, q2 fy27, aum, jefferies, buy rating, qip, nifty 50, money, business
## 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.
## Key takeaway

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.