Bajaj Finance Targets Up To 27% Growth In FY27 Despite Marginal NIM Moderation

Bajaj Finance reported movement of 27% for FY27. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.

Against that, the stock is -2.5% on the day at ₹957.35, and has returned -8.8% over three months. It sits 17% below its 52-week high. The financial services sector has moved -9.4% over the same period, so Bajaj Finance is running 0.6 points ahead of its peers.

This is an Asset quality / margins event. For lenders the headline profit is the least informative line. Slippages, credit cost and margin direction determine whether the quarter is repeatable. On the day the stock is -2.5%, so the market took notice.