Bajaj Finance stock in focus after Q2 net profit misses estimates. Should you buy, sell, or hold?

  • Posted on October 23, 2024
  • By Business News Today
  • 1 Views
Bajaj Finance stock in focus after Q2 net profit misses estimates. Should you buy, sell, or hold?

Bajaj Finance shares will be closely watched on Wednesday following a 13% rise in net profit for Q2 FY25, reaching Rs 4,000 crore, though slightly below estimates. Revenue surged 28% to Rs 17,090 crore, while net interest income increased by 23% to Rs 8,838 crore. New loans booked rose 14%, totaling 9.69 million compared to the previous year.
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