Bajaj Finance falls 3% despite 29% rise in Q2 profit

Bajaj Finance shares fell around 3% to ₹929.20 on Wednesday despite reporting a 29% YoY increase in Q2 FY27 consolidated net profit to ₹6,367 crore. Net interest income rose 24% to ₹13,335 crore, while assets under management grew 26% to ₹5.85 lakh crore. Nomura and Jefferies retained their Buy ratings, although Jefferies reduced its price target.