Bajaj Finance shares tumble 3% after Q2 update

Shares of Bajaj Finance dropped by 2.6%. Despite this, new loans grew by 14% in Q2FY25. Assets under management rose by 29% to Rs 3.73 lakh crore. Global brokerages Morgan Stanley and Jefferies remain optimistic, with target prices of Rs 9,000 and Rs 8,410 respectively. Net profit grew by 14% in the first quarter.