Why did Bajaj Finserv's stock plunge despite an increase in Q2 profit?
Published on: Nov. 12, 2025, 5:51 a.m. | Source: The Economic Times
Bajaj Finserv reported a 8% rise in Q2 net profit to ₹2,244 crore, but its lending arm, Bajaj Finance, saw its stock slump over 6%. This decline was triggered by a cautious outlook for future expansion and increased credit costs. Bajaj Finance also moderated its FY26 growth forecast. Meanwhile, Bajaj Allianz General Insurance posted a 5% profit increase.
