Bajaj Finserv Shares Rise 2% Post Q2 Results; Jefferies Maintains Buy Call

Economic Times Markets · stocks

Bajaj Finserv shares climbed 2% on Wednesday, extending previous day's gains following the company's Q2 FY27 results. Consolidated net profit surged 23% year-on-year to Rs 2,758 crore, while revenue from operations increased 17% to Rs 43,416 crore. Bajaj Finance saw a 29% profit jump and its assets under management grew 26% to Rs 5.85 lakh crore. Despite Jefferies reducing its target price to Rs 2,300, the brokerage maintained a 'Buy' rating, citing a potential 34% upside.