VERIFIEDET Markets·5 Oct 2026positive

Bajaj Finance shares jump 5% after Q2 business update. Why Jefferies sees 35% upside in its top pick?

AI Summary

·Bajaj Finance's shares increased by 5% following a Q2 business update.
·The NBFC reported a 26.5% year-on-year growth in Q2 FY27 Assets Under Management (AUM) to approximately Rs 5.85 lakh crore.
·Jefferies maintained a Buy rating with a target price of Rs 1,280, indicating a potential 35% upside.