Bajaj Finance slips 3%, down 8% in 3 days on growth and valuation concerns

With the ongoing 3-day correction, the stock of NBFC has now corrected 14 per cent from its record high level of Rs 8,020 touched on October 10, 2021

Shares of Bajaj Finance continued to reel under selling pressure for the third straight trading session. The stock dropped 3 per cent to Rs 6,860 on the BSE in Wednesday’s intra-day trade, falling as much as 8 per cent in past three days on growth concerns.

With the ongoing 3-day price correction, the stock of non-banking finance company (NBFC) has now corrected 14 per cent from its record high level of Rs 8,020 touched on October 10, 2021. The stock had hit a low of Rs 6,678 on November 29, 2021.

Earlier this week, the foreign brokerage firm