Bajaj Finance shares hit record high on strong earnings

Bajaj Finance Ltd's shares surged to an intraday high of ₹1,159.90, surpassing the previous 52‑week peak of ₹1,151.50 and marking a new all‑time high. The rally, up about 1.6% on the day, followed the company's robust first‑quarter FY27 results, which showed a 28% year‑on‑year increase in profit after tax and a 23% rise in net interest income. Several brokerages upgraded their target prices, and the stock benefited from positive sentiment toward its sister firm, Bajaj Finserv.

Technical analysis from Business Today notes that the stock is trading above key moving averages with support around ₹1,001 and a target price range of ₹1,206‑₹1,285. Momentum indicators remain positive, suggesting further upside potential if the price sustains above the immediate resistance level of ₹1,200.