{
  "id": 18075677,
  "title": "Bajaj Finserv shares rise 2%, extend gains after Q2 results. Why Jefferies reduced target price but still sees 34% upside",
  "url": "https://urgent.news/2026/11/04/bajaj-finserv-shares-rise-2-extend-gains-after-q2-results-why",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-04T04:56:03.000Z",
  "source": {
    "name": "The Economic Times - Top News",
    "slug": "the-economic-times-top-news",
    "url": "https://economictimes.indiatimes.com/markets/stocks/news/bajaj-finserv-shares-rise-2-extend-gains-after-q2-results-why-jefferies-reduced-target-price-but-still-sees-34-upside/articleshow/135524029.cms"
  },
  "original_language": "en",
  "account": "On Wednesday, Bajaj Finserv's shares rose by 2% after the company disclosed a 23% YoY increase in consolidated net profit to Rs 2,758 crore for Q2 FY27. Despite Jefferies reducing its target price to Rs 2,300 from Rs 2,550, the brokerage still maintains a 'Buy' rating on the stock, projecting a 34% upside potential. The gains followed a similar increase on Tuesday, with Bajaj Finserv reporting a 17% YoY growth in revenue from operations to Rs 43,416 crore in the second quarter of FY27, up from Rs 37,215 crore in the year-ago period.",
  "summary": "Bajaj Finserv shares had gained around 2% on Tuesday as well after the company announced the earnings, reporting a 17% YoY increase in revenue from operations to Rs 43,416 crore for the second quarter of the ongoing financial year 2027, from Rs 37,215 crore reported in the year-ago period. The shares of the company rose further to Rs 1,749 apiece on Wednesday morning.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}