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Shares of blue-chip non-banking finance company (NBFC) Bajaj Finance Ltd plunged over 7% in early trade on Tuesday, November 11, even as the company reported a strong double-digit rise in quarterly profit.

The selloff was triggered by a cut in the company’s growth guidance and signs of rising stress in its MSME loan portfolio, raising concerns about its near-term growth outlook.

Bajaj Finance Share Price Today

On the BSE, the stock opened at ₹1,042.05 and hit a low of ₹1,005.05. At 10:19 am, Bajaj Finance shares were trading at ₹1,009.90, down ₹75.50 or 6.96%.

A similar trend was seen on the NSE, where the stock opened at ₹1,043.70 and hit a low of ₹1,005.30. As of 10:22 am, it was trading at ₹1,008.90, down ₹76.10 or 7.01%.

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