Business news · Corporate · 05 Oct 2026
Bajaj Finance said assets under management rose 26.5% from a year earlier to Rs 5.85 lakh crore at the end of September, with 13.45 million new loans booked in the quarter (up 11%), 128.85 million customers and deposits of Rs 69,750 crore. Its board approved raising up to Rs 17,500 crore through a qualified institutional placement and Rs 5,800 crore of preferential warrants. The shares rose 5% to Rs 995.40 in early trade, the largest advance on the Sensex and Nifty.
Bajaj Finance is the largest listed consumer lender outside the banks, so its quarterly update is read as a gauge of retail credit demand ahead of the festival season and of an RBI decision on October 7 where economists polled earlier leaned toward a rate increase. New equity adds lending capacity but spreads profit over more shares; HSBC, cited in a companion report, sees return on equity at 19-20% through FY29 against 21-22% earlier. A placement of this size also competes for institutional money with the IPO pipeline.
Reported by Business Today — “Bajaj Finance stock top Sensex, Nifty gainer today: Two factors behind the rally” ↗ on 05 Oct 2026.
NSE stocks, from the last close on or before 05 Oct 2026 to the close on 16 Oct 2026.
| Sector | Stocks | Median move | Up | vs all stocks |
|---|---|---|---|---|
| Financial Services | 125 | +0.4% | 66 of 125 | +0.7 pts |
| All tracked stocks | 804 | -0.3% | 374 of 804 | — |
| Company | Then | Now | Move |
|---|---|---|---|
| Bajaj Finance Ltd. BAJFINANCE | ₹970 | ₹982.1 | +1.2% |
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