Bajaj Finance Stock Update: Share Price Soars 6% on Strong Q1 Earnings
Bajaj Finance (NSE: BAJFINANCE) share price surges over 6% to ₹1,126.00, hitting a new 52-week high, driven by robust Q1 FY27 earnings and strong operational metrics.
Bajaj Finance (NSE: BAJFINANCE) is witnessing a significant rally in Friday's intraday trade, with the stock currently trading at ₹1,126.00, marking a robust gain of 6.88% from its previous close of ₹1,053.50. The shares opened higher at ₹1,095.00 and have since notched an intraday high of ₹1,128.10, while the day's low stands at ₹1,083.60. Trading volumes are exceptionally strong, with over 15.9 million shares changing hands, indicating strong investor interest and conviction in the current upward movement.
| BAJFINANCE – Stock Updates as of (10:02AM, 31 Jul 2026) | |||
LTP ₹1,126.00 | Open ₹1,095.00 | High ₹1,128.10 | Low ₹1,083.60 |
52W High ₹0.00 | 52W Low ₹0.00 | Volume 15,964,793 | % Chg +6.88% |
52-Week Context
Today's impressive surge has propelled Bajaj Finance past its previous 52-week high of ₹1,102.50, establishing a new annual peak. The stock has demonstrated a strong recovery from its 52-week low of ₹787.90, indicating sustained bullish momentum over the past year. The current price action signifies a decisive break above key resistance levels, placing it firmly in uncharted territory.
Latest Developments
The primary catalyst for today's sharp upward move appears to be the company's strong financial performance in the first quarter of fiscal year 2027 (Q1 FY27), results for which were announced on July 30, 2026. Bajaj Finance reported a 28% year-on-year (YoY) increase in standalone net profit, reaching ₹6,081 crore, while its Net Interest Income (NII) grew 23% YoY to ₹12,571 crore. The company highlighted an "excellent quarter across all key metrics," achieving record consolidated Assets Under Management (AUM) of ₹546,944 crore, with a significant quarterly addition of ₹36,969 crore. Customer acquisition also remained robust, with 5.10 million new customers added to its franchise. Furthermore, credit quality showed meaningful improvement, with Gross Non-Performing Assets (NPA) declining to 0.96% and Net NPA falling to 0.39%. While the initial market reaction yesterday was somewhat muted, with the stock trading largely flat as management maintained its full-year guidance, today's trading action suggests investors are now re-evaluating the underlying strength of these results. The company also declared a ₹6 dividend per share for FY26 at its Annual General Meeting.
Outlook
Investors will be closely watching for further analyst upgrades and management commentary regarding future guidance. The stock's ability to sustain above this new 52-week high will be crucial for determining its trajectory for the remainder of the session and the near term.
Disclaimer: The information provided in this article is based on news reports and is not intended as investment advice. Investing in stocks involves risk. LatestLY advises its readers to consult with a financial advisor before making any investment decisions.
(The above story first appeared on LatestLY on Jul 31, 2026 10:01 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
