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The Economic Times
The Economic Times
Debaroti Adhikary

Bajaj Finance shares jump 5% after Q2 business update. Why Jefferies sees 35% upside in its top pick?

Bajaj Finance Jefferies NBFC Debaroti Adhikary SEBI

Shares of Bajaj Finance jumped around 5% on Monday after the company released its provisional business update for Q2 FY27, reporting a 26.5% year-on-year increase in assets under management (AUM) to nearly Rs 5.85 lakh crore.

Bajaj Finance shares rose to Rs 993 apiece on Monday morning, snapping a four-session losing streak. The company on Saturday reported a nearly Rs 37,800 crore increase in AUM during the July-September quarter, from Rs 4.6 lakh crore in the corresponding quarter of the previous financial year.

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