Bajaj Finance share price crashes 7% despite jump in Q2 profit. What’s behind the fall in blue-chip NBFC stock?

Bajaj Finance share price tumbled nearly 7% in early trade on Tuesday, November 11, even as the firm posted a double-digit growth in the consolidated profit for the July-September quarter.

The fall comes amid a cut in guidance and signs of stress in the MSME segment, as per analysts.

More to come…

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