The scrip plunged 6.27 per cent to end at Rs 401.95 on BSE. During the day, it tanked 7.42 per cent to Rs 397.
The stock dropped 6.37 per cent to close at Rs 401.80 on National Stock Exchange.
Bajaj Corp Ltd on Thursday reported a decline of 2.93 per cent in standalone net profit at Rs 52.66 crore for the fourth quarter ended March.
It had posted a standalone net profit of Rs 54.25 crore in the January-March quarter of 2015-16, Bajaj Corp Ltd had said in a BSE filing.
Stocks markets were closed on Friday for Ambedkar Jayanti and Good Friday.
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