After Q4 Results, the Share Price of Bajaj Finance Drops 8%, Stock Downgrades.
Bajaj Finance Shares Plunge 8% Post Q4 Results
Bajaj Finance's stock dipped sharply after Q4 earnings, falling over 8% on April 26. The company's net profit rose 21% YoY to ₹3,825 crore.
Market Reaction
The market's response to Bajaj Finance's Q4 results was evident as the company's shares opened at ₹7,008.60, a significant drop from the previous close of ₹7,293.90. The downward trend continued in morning trade, with shares hitting a low of ₹6,772.15.
Click Here Performance Comparison
Bajaj Finance's share performance over the last year shows a 20% gain, slightly underperforming the Sensex's 24% rise in the same period.
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