Negative impactResults
Bajaj Finance shares fall 3% after Q2 results. What Jefferies, Nomura, other brokerages now expect?
Economic Times 1 hr ago·21 Oct 2026, 5:17 am
Bajaj Finance shares fell 3% following the release of its Q2FY27 results, which showed a 29% year-on-year rise in net profit to Rs 6,367 crore. Despite the strong earnings growth, the stock declined, likely due to investor concerns over valuation or broader market sentiment.
Brokerages have largely maintained a positive outlook on the stock. Nomura and Jefferies both retained their 'Buy' ratings, though Jefferies adjusted its target price. 360 One WAM also upgraded the stock to 'Buy', citing a favorable risk-reward profile and continued growth momentum.
Investors should monitor the company's asset quality and the guidance provided for the upcoming quarters. Broader trends in the non-banking financial company (NBFC) sector and the stock's reaction to future earnings will be key factors to watch.
Affected stocks
Bearish2 stocks
Bull / bear label is derived from the article's AI sentiment — indicative, not advice. Prices may be delayed.
Key takeaways
- Concerns Bajaj Finance (BAJFINANCE).
- Category: Results.
- AI reads the tone as negative (potentially bearish) for the stock.
- Assessed as a significant, market-relevant update.
- Also mentions 360ONE.
Why it matters
A meaningful update for Bajaj Finance worth tracking. The tone is negative — watch for downside reaction. Use the price and stock snapshot to gauge how the market is responding.
