Bajaj Finance shares crack 8%. What's the bad news? 

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[{"selector":"#anim-609658e2-1f9d-4926-9933-17d6d466f5b7","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1709d4f7-37f5-4283-8b80-09974a16ec62","keyframes":{"transform":["translate3d(118.72909%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8875ac20-5701-46c0-8436-241c1cd26389 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(12.514648210040342%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Shares of NBFC major Bajaj Finance NSE -1.30 % lost up to 8.2% of its value on Thursday after investors dumped the stock following moderation in loan growth in the December quarter (Q3). Read more at:

Bajaj Finance's quarterly business update shows some moderation in AUM (assets under management) growth to 27% year

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Global brokerage CLSA, which has maintained a sell rating on the stock, pointed out that the lender's loan growth was

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slow despite the festive season. It said that despite underperformance, the stock remains "unjustifiably expensive."

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Jefferies said in Q3 results, it will watch out if the growth moderation was due to shorter-term securities lending business or retail/ SME loans.

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Bajaj Finance's quarterly business update shows some moderation in AUM (assets under management) growth to 27% year

Global brokerage CLSA, which has maintained a sell rating on the stock, pointed out that the lender's loan growth was

slow despite the festive season. It said that despite underperformance, the stock remains "unjustifiably expensive."

Jefferies said in Q3 results, it will watch out if the growth moderation was due to shorter-term securities lending business or retail/ SME loans.

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