Bajaj Finance Gains 4% on Strong Q2 Asset Growth; JPMorgan Lifts Target
Bajaj Finance shares surged nearly 4% in intraday trade, reaching an intra-day high of Rs 995.80, driven by strong asset growth reported for the July-September quarter. The move halted a four-session losing streak. Additionally, JPMorgan raised its target price for the stock.
Bajaj Finance shares rose nearly 5 percent in intraday trade on Monday, ending a four-session losing streak, after the non-bank lender reported strong asset growth during the July-September quarter. 80 per share, gaining 5 percent on the NSE before later paring gains.