Bajaj Finance Shares Jump 7.63% to 52-Week High

Bajaj Finance shares climbed sharply on Friday after the non-banking financial company reported strong earnings for the June quarter of FY27. The stock was trading at Rs 1,133.80 on the NSE at 12:26 pm, up Rs 80.40, or 7.63 percent, from its previous close of Rs 1,053.50.

The company's consolidated financial results for the April-June quarter showed a 28 percent year-on-year increase in consolidated profit after tax to Rs 6,081 crore for Q1 FY27. This was driven by a strong increase in core income and an improvement in the lender's asset quality.

Net interest income rose 23 percent to Rs 12,571 crore during the quarter, compared with Rs 10,228 crore in the year-ago period. The NBFC's net total income increased 22 percent year-on-year to Rs 15,224 crore from Rs 12,460 crore in the June quarter of FY26.

Asset quality also strengthened during the quarter, with gross non-performing assets improving to 0.96 percent as of June 30, 2026, from 1.03 percent a year earlier. Net non-performing assets declined to 0.39 percent from 0.50 percent over the same period.

The combination of robust profit growth, higher net interest income, and lower bad-loan ratios boosted investor sentiment towards the stock. Bajaj Finance shares opened at Rs 1,095 and touched a fresh 52-week high of Rs 1,136.80 during the session.

The company's market capitalisation stood at around Rs 7.04 lakh crore. The strong buying interest followed the announcement of its consolidated financial results for the April-June quarter.

Bajaj Finance's Q1 results have been well-received by investors, with the stock recording an intraday low of Rs 1,083.60. The stock had reached Rs 1,128 on the BSE and Rs 1,128.10 on the NSE, representing a rise of nearly 7 percent.

The improvement in asset quality and increase in core income have contributed to the company's strong performance. The lender's ability to manage its assets effectively and generate higher income has resulted in increased investor confidence.

The surge in Bajaj Finance shares is a positive sign for the company and the non-banking financial sector as a whole. The company's strong Q1 results have set a positive tone for the rest of the year, and investors will be closely watching the company's future performance.

In conclusion, Bajaj Finance's Q1 results have been impressive, with the company reporting a 28 percent year-on-year increase in consolidated profit after tax. The improvement in asset quality and increase in core income have contributed to the company's strong performance, and the surge in shares is a positive sign for the company and the non-banking financial sector.