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Bajaj Finance Stock: Post-Budget Gains Wiped Out, March Losses Deepen to 10%
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Bajaj Finance Shares Plunge: All Post-Budget Gains Wiped Out, March Losses Hit 10%
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CNBC TV18
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11-03-2026, 12:40
Bajaj Finance Shares Plunge: All Post-Budget Gains Wiped Out, March Losses Hit 10%
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Bajaj Finance shares lost all post-budget gains, extending March losses to 10%.
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Stock down 4% on March 11, declining in 8 of the last 11 trading sessions.
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December quarter saw ₹1,400 crore increase in provisions, impacting profitability.
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Management guided full-year growth at 22%, lower than previous projections.
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RSI at 31 nears oversold levels; Ambit issued a 'sell' rating with ₹713 target.
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