Bajaj Finance shares flat after missing Q3 profit estimates
after close1 source ↓written by the desknot a recommendation
- 0.6%
- YoY after adjustments
- 23% core profit growth
Shares of Bajaj Finance traded flat after the company reported a December-quarter profit that fell short of estimates, impacted by higher provisions and one-off expenses. The stock dipped to ₹944.15 before recovering to ₹970.20, up 0.6%. Brokerages maintain a steady outlook, citing improved asset quality and 23% core profit growth YoY after adjustments.
Not investment advice. For informational purposes only.