India, Nov. 11 -- Shares of Bajaj Finance Ltd. crashed a day after India's largest non-banking financial company declared its second-quarter results.

On Tuesday (11 November 2025), Bajaj Finance's share price fell as much as 8.14% to Rs.997.00 even as the benchmark S&P BSE Sensex declined 0.29% to 83,296.53 points. That was despite financials showing a healthy growth in July-September 2025.

During the quarter, Bajaj Finance's asset quality worsened-while the Net NPA ratio grew 10 basis points sequentially to 0.60%, the Gross NPA ratio widened 21 bps QoQ to 1.24%. The capital adequacy ratio stood at 21.33% in Q2 FY26 versus 21.96% in Q1 FY26.

Still, that's no reason for such a steep decline in share price. It's to do with the company's ...