Bajaj Finance shares hit a new high after Q3 results. What's driving this rally? Let’s break it down.
The stock jumped 6% post Q3 earnings, backed by strong AUM growth and positive brokerage outlook.
Bajaj Finance reported a ₹4,308 Cr net profit in Q3, beating analysts’ estimates of ₹4,136 Cr.
Assets under management saw a sharp 28% YoY rise, fueling higher earnings and investor confidence.
Net Interest Income surged to ₹9,382 Cr, reflecting robust growth in lending activity.
As of 10:49 AM on January 30, Bajaj Finance trades at ₹7,960.45, down 2.59% on NSE.