Bajaj Finance Share Market : An important update has come out for the investors who have invested and want to invest in Bajaj Finance. Bajaj Finance shares fell sharply on BSE on Tuesday.

These shares fell by as much as 6.9 percent today and the share price fell to Rs 1010.25. Importantly, the company recently announced a 22 percent increase in net profit in its second quarter results.

In fact, even as the company’s net profit has increased, shares of Bajaj Finance have been falling and this has unsettled investors. Similarly, now a top brokerage firm has given a negative rating for these shares.

Brokerage has predicted that the shares of this company may fall further in the coming time. This has created a lot of anxiety among investors. Shares of the company are said to be falling due to increase in NPA (Non-Performing Assets), increase in credit cost and pressure on margins.

According to the company’s financial report, loan losses & provisions increased to Rs 2,269 crore from Rs 1,909 crore in Q2FY25 last year. The gross NPA of the company was 1.24% and the net NPA was 0.60% till the end of September 2025.

Last year it was 1.06% and 0.46% respectively. The company’s provisioning coverage ratio on stage 3 assets is reported at 52%. Meanwhile, let us see the information about the rating given for the shares of Bajaj Finance by two major brokerage firms.

What does the brokerage report say?

Brokerage house CLSA (CLSA) has maintained its Outperform rating on Bajaj Finance. The brokerage has set a target price of Rs 1200 for Bajaj Finance.

Of course, the brokerage predicts that the shares of this company will increase further in the coming time. But Bernstein has maintained an Underperform rating on the company. It is also estimated that the shares of this company may fall to Rs 640.

The international brokerage said that although the company’s profit and loan growth look strong, the increase in NPAs is a serious matter. Bajaj Finance’s asset quality appears to have declined compared to larger banks and NBFCs. Due to this it has been given an under perform rating.