Mumbai News, 04 March 2026: Shares of India’s leading non-banking financial company (Bajaj Finance Share Price) Bajaj Finance Limited fell today, Wednesday. On the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), Bajaj Finance shares dropped to 967 rupees in the morning session, showing a decline of about 1.1 percent compared to the last two days. Although market volatility and changes in interest rates have caused concern among investors, the company’s strong financial position and growth potential remain intact in the long term. In this article, we are reviewing the latest NSE-BSE status, the next target price, the company’s total debt, and the returns offered to investors in detail.
Bajaj Finance’s latest position on NSE and BSE
On 4 March 2026 at 11:53 AM (Indian Standard Time), Bajaj Finance’s share was trading on the NSE at a lower price of 967.00 rupees. This shows a drop of 11.25 rupees (1.15%) compared to last Monday (2 March) when the share closed at 978.25 rupees. In today’s session, the opening price of the share remained 967.00 rupees, while the high and low were both recorded at 967.00 rupees. This is based on trading in the first hour of the market, with volume likely to increase further.
The share situation on BSE remained the same, with the current price at 967.00 rupees. According to Moneycontrol data, buy and sell orders appear at similar levels in the market depth on BSE, with activity up to 36 lots. The total trading volume currently stands at over 850,000 shares, which is 5% lower than the previous session. According to market analysts, this decline is due to the Reserve Bank of India’s (RBI) interest rate policy and global economic uncertainty, affecting all companies in the NBFC sector.
Bajaj Finance share’s next target price: Optimistic forecast for 2026
Various target prices have been suggested by stock market analysts for Bajaj Finance shares. For the short term (upcoming week), according to EquityPandit’s outlook, the share will get immediate support at Rs 977.33, while resistance is at Rs 1,030.23. However, there are more optimistic estimates for the full year of 2026. According to SharePrice-Target.com’s analysis, the share price could reach Rs 1,326 by year-end, indicating a 37% increase from the current price. According to TipRank’s average estimate, the 12-month target is Rs 1,150, with both high and low estimates also suggested at Rs 1,150.
These targets are based on the company’s strong loan growth (AUM) and expansion in digital lending. According to Bajaj Finserv’s 2026-30 roadmap, a CAGR of 18-22% in total net profit is expected, which could give the share a boost. However, analysts warn that rising interest rates and regulatory changes are risk factors.
Bajaj Finance Limited: The company’s debt load and returns to investors
Bajaj Finance is one of India’s largest NBFCs, with a total debt reaching around Rs 3,276.6 billion (Rs 3.28 lakh crore) by March 2026. These figures are taken from the company’s balance sheet and include both short-term and long-term debt. According to Simply Wall Street data, the company’s debt-to-equity ratio is 310.3%, which is high but above the NBFC sector average. As per the latest Yahoo Finance report, total debt has increased from Rs 2,753.6 billion to Rs 3,276.6 billion, reflecting the company’s aggressive growth strategy, such as new loan bookings. In Q3 FY26 alone, an AUM growth of Rs 23,622 crore was recorded, making the rise in debt inevitable.
On the other hand, Bajaj Finance has delivered excellent long-term returns for investors. According to Finbox data, the total return on share prices over the past 10 years has been 1,528.6%, with a compound annual growth rate (CAGR) of 32.18%. This means that if you had invested 100 rupees in 2016, it would have grown to 1,628.6 rupees today. According to Screener.in, the company has recorded a profit CAGR of 25.9% over the past five years, with a dividend payout of 17.4%. According to Dhan.com’s historical return data, despite fluctuations like a 3.10% rise in 2020, -2.66% in 2019, and a 10.59% decline in 2021, the long-term trend remains positive.
Conclusion: Attractive for long-term investment, but caution is needed
Although Bajaj Finance’s fall today is temporary, the company’s strong fundamentals (like 1.39 million new loan bookings) and future growth potential are attracting investors. However, due to high debt and market volatility, short-term traders need to stay cautious. Analysts suggest that buying opportunities may arise at the support level of ₹977, while long-term investment should keep the target of ₹1,150 in mind. Everyone is keeping an eye on the RBI’s policy for the next market developments.
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