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MARKET MOVES

Bajaj Finance shares fall 3% after Q2 results. What Jefferies, Nomura, other brokerages now expect?

·Economic Times·Impact 2/5 · Moderate

Bajaj Finance shares fell 3% after the company reported a 29% year-on-year rise in Q2FY27 net profit to Rs 6,367 crore. This decline may be a buying opportunity for investors, as several brokerages have reaffirmed their positive views on the stock. Jefferies and Nomura, for instance, have retained their Buy ratings, with Jefferies even cutting its target price, indicating that they still see potential for growth in Bajaj Finance.

Read the source report: Economic Times →

Why it matters

Bajaj Finance shares fell after the company reported a 29% year-on-year rise in Q2FY27 net profit. Brokerages have retained their expectations, but the share price drop indicates a negative market reaction.

Market impact

Impact score
2 / 5
Market signal
Negative / risk-off
Category
Market moves
Model confidence
45%

Transmission channels

Q2 results→Share price drop→Negative market reaction→Indian NBFCs decline

Likely winners & losers

Under pressure

  • Indian NBFCs

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MeridStreet does not reproduce source articles. The summary and analysis above are generated by MeridStreet from public headlines and its own market model; the original reporting belongs to Economic Times. For information only — not financial advice.