Bajaj Finance shares can fall to Rs 640? What Bernstein, Jefferies, other brokerages predict
Bajaj Finance shares plunged 6.9% to ₹1,010.25 despite posting a 22% YoY rise in Q2FY26 net profit, as concerns mounted over rising NPAs, higher credit costs, and margin pressure. Loan losses rose 19% to ₹2,269 crore, with Gross and Net NPAs increasing to 1.24% and 0.60%, respectively.
Bajaj Finance shares plunged 6.9% to ₹1,010.25 despite posting a 22% YoY rise in Q2FY26 net profit, as concerns mounted over rising NPAs, higher credit costs, and margin pressure. Loan losses rose 19% to ₹2,269 crore, with Gross and Net NPAs increasing to 1.24% and 0.60%, respectively.
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