Bajaj Finance’s mcap falls by Rs 13,344.96 cr

New Delhi: Shares of Bajaj Finance Ltd fell by nearly three per cent on Wednesday amid profit-taking at the counter even as the company reported a 28 per cent increase in consolidated net profit in the second quarter of the ongoing fiscal.

The stock declined 2.72 per cent to end at Rs7,871.10 on the BSE. During the day, it dived 2.98 per cent to Rs7,850.20. At the NSE, it fell by 2.95 per cent to settle at Rs7,854. The company’s market valuation eroded by Rs13,344.96 crore to Rs4,76,924.93 crore. The stock was the biggest laggard among both the BSE Sensex and NSE Nifty firms.