Shares of tumbled nearly 10 per cent on Thursday after the company’s December quarter results failed to meet market expectations.
The stock hit its lower circuit limits, falling to ₹838.35 on the and ₹837.50 on the , even as broader markets remained in positive territory.
At 3 pm, the stock traded 7 per cent lower at ₹862.05 on the NSE.
On Wednesday, the housing finance company reported a nearly 8 per cent year-on-year rise in net profit for the December quarter ended 2025, posting earnings of ₹520.35 crore compared with ₹483.3 crore in the same period last year.
Despite the improvement in profitability and income, investors appeared unimpressed, possibly due to concerns over margins, asset quality, or future growth outlook. The sharp fall contrasted with the upbeat mood in the broader equity market, highlighting stock-specific pressure on the lender rather than a sector-wide sell-off.