India, July 31 -- Shares of non-banking financial company (NBFC) Bajaj Finance surged nearly 7% on Friday after the company reported a robust 28% year-on-year (YoY) increase in its consolidated profit after tax (PAT) for the June quarter (Q1 FY27), supported by strong core income growth and improved asset quality. The positive earnings announcement lifted investor sentiment, pushing the stock to a fresh 52-week high on both the BSE and NSE.
Bajaj Finance Share Price Hits 52-Week High
On the Bombay Stock Exchange (BSE), Bajaj Finance shares climbed 6.81% to Rs.1,128, marking a new 52-week high. On the National Stock Exchange (NSE), the stock gained 7% to touch an intraday high of Rs.1,128.10. The rally came a day after the company announce...