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
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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.