{"id":318860,"date":"2026-10-21T10:39:43","date_gmt":"2026-10-21T05:09:43","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=318860"},"modified":"2026-10-21T10:39:43","modified_gmt":"2026-10-21T05:09:43","slug":"bajaj-finance-vs-ireda-vs-reliances-jio-financial-top-financial-stock-to-buy-after-q2-results-2026-for-best-returns","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/bajaj-finance-vs-ireda-vs-reliances-jio-financial-top-financial-stock-to-buy-after-q2-results-2026-for-best-returns\/","title":{"rendered":"Bajaj Finance vs IREDA vs Jio Financial: Which Is the Top Financial Stock to Buy After Q2 Results 2026 for the Best Returns?"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Choosing a financial stock to buy among Bajaj Finance, IREDA and Jio Financial after the Q2 results means weighing three very different profiles: Bajaj Finance grew consolidated profit 29% to Rs 6,367 crore, IREDA&#8217;s standalone profit was flat at Rs 554 crore, and Jio Financial&#8217;s profit fell 51% to Rs 340 crore while income more than doubled. At 10:26 AM IST on 21 Oct 2026 Bajaj Finance was at Rs 938.25, IREDA at Rs 103.60 and Jio Financial at Rs 214.37. This is a comparison and not a recommendation.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The financial stock to buy depends on what you want: Bajaj Finance offers the strongest earnings growth and a return on equity of 17.6% at about 29 times earnings, IREDA is the lowest priced of the three at about 15 times earnings and 2.2 times book but with flat profit, and Jio Financial is early-stage with a return on equity of 1.3% and a price to earnings ratio above 80. Bajaj Finance fell about 2% after its Q2 results and IREDA fell about 2.8% to sit at its 52-week low, so neither has been rewarded for its numbers. No single financial stock to buy is right for everyone, and the table below sets out the figures side by side.<\/p>\n<\/p><\/div>\n<p>Q2 results came for all three in the past week, with Bajaj Finance and IREDA reporting on Monday 19 Oct and Jio Financial around 15 Oct. The question of the best financial stock to buy is really a question of growth against price and of how much risk you can hold.<\/p>\n<p>This guide to the financial stock to buy question compares the Q2 results, asset quality, valuation, the share price position of each stock and the risks. It is educational and not a recommendation to buy or sell any share.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=bajaj-finance-vs-ireda-vs-reliances-jio-financial-top-financial-stock-to-buy-after-q2-results-2026-for-best-returns\">Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/bajaj-finance-vs-ireda-vs-reliances-jio-financial-top-financial-stock-to-buy-after-q2-results-2026-for-best-returns\/#Financial_Stock_to_Buy_Live_Price_and_52-Week_Position\" title=\"Financial Stock to Buy: Live Price and 52-Week Position\">Financial Stock to Buy: Live Price and 52-Week Position<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/bajaj-finance-vs-ireda-vs-reliances-jio-financial-top-financial-stock-to-buy-after-q2-results-2026-for-best-returns\/#Q2_Results_Compared_for_the_Financial_Stock_to_Buy\" title=\"Q2 Results Compared for the Financial Stock to Buy\">Q2 Results Compared for the Financial Stock to Buy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/bajaj-finance-vs-ireda-vs-reliances-jio-financial-top-financial-stock-to-buy-after-q2-results-2026-for-best-returns\/#Asset_Quality_and_Balance_Sheet_Strength\" title=\"Asset Quality and Balance Sheet Strength\">Asset Quality and Balance Sheet Strength<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/bajaj-finance-vs-ireda-vs-reliances-jio-financial-top-financial-stock-to-buy-after-q2-results-2026-for-best-returns\/#Valuation_Which_Financial_Stock_to_Buy_Is_Priced_for_What\" title=\"Valuation: Which Financial Stock to Buy Is Priced for What?\">Valuation: Which Financial Stock to Buy Is Priced for What?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/bajaj-finance-vs-ireda-vs-reliances-jio-financial-top-financial-stock-to-buy-after-q2-results-2026-for-best-returns\/#Who_Each_Financial_Stock_to_Buy_May_Suit\" title=\"Who Each Financial Stock to Buy May Suit\">Who Each Financial Stock to Buy May Suit<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/bajaj-finance-vs-ireda-vs-reliances-jio-financial-top-financial-stock-to-buy-after-q2-results-2026-for-best-returns\/#Data_Conflicts_to_Know_About\" title=\"Data Conflicts to Know About\">Data Conflicts to Know About<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/bajaj-finance-vs-ireda-vs-reliances-jio-financial-top-financial-stock-to-buy-after-q2-results-2026-for-best-returns\/#What_to_Watch_Next_for_the_Financial_Stock_to_Buy\" title=\"What to Watch Next for the Financial Stock to Buy\">What to Watch Next for the Financial Stock to Buy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/bajaj-finance-vs-ireda-vs-reliances-jio-financial-top-financial-stock-to-buy-after-q2-results-2026-for-best-returns\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/bajaj-finance-vs-ireda-vs-reliances-jio-financial-top-financial-stock-to-buy-after-q2-results-2026-for-best-returns\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/bajaj-finance-vs-ireda-vs-reliances-jio-financial-top-financial-stock-to-buy-after-q2-results-2026-for-best-returns\/#Which_is_the_best_financial_stock_to_buy_among_Bajaj_Finance_IREDA_and_Jio_Financial\" title=\"Which is the best financial stock to buy among Bajaj Finance, IREDA and Jio Financial?\">Which is the best financial stock to buy among Bajaj Finance, IREDA and Jio Financial?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/bajaj-finance-vs-ireda-vs-reliances-jio-financial-top-financial-stock-to-buy-after-q2-results-2026-for-best-returns\/#How_did_Bajaj_Finance_perform_in_Q2_FY27_as_a_financial_stock_to_buy\" title=\"How did Bajaj Finance perform in Q2 FY27 as a financial stock to buy?\">How did Bajaj Finance perform in Q2 FY27 as a financial stock to buy?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/bajaj-finance-vs-ireda-vs-reliances-jio-financial-top-financial-stock-to-buy-after-q2-results-2026-for-best-returns\/#How_did_IREDA_perform_in_Q2_FY27_as_a_financial_stock_to_buy\" title=\"How did IREDA perform in Q2 FY27 as a financial stock to buy?\">How did IREDA perform in Q2 FY27 as a financial stock to buy?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/bajaj-finance-vs-ireda-vs-reliances-jio-financial-top-financial-stock-to-buy-after-q2-results-2026-for-best-returns\/#Why_did_Jio_Financials_profit_fall_51_in_Q2_and_does_it_change_the_financial_stock_to_buy_case\" title=\"Why did Jio Financial&#8217;s profit fall 51% in Q2, and does it change the financial stock to buy case?\">Why did Jio Financial&#8217;s profit fall 51% in Q2, and does it change the financial stock to buy case?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/bajaj-finance-vs-ireda-vs-reliances-jio-financial-top-financial-stock-to-buy-after-q2-results-2026-for-best-returns\/#Which_financial_stock_to_buy_looks_lowest_priced_of_the_three\" title=\"Which financial stock to buy looks lowest priced of the three?\">Which financial stock to buy looks lowest priced of the three?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/bajaj-finance-vs-ireda-vs-reliances-jio-financial-top-financial-stock-to-buy-after-q2-results-2026-for-best-returns\/#What_are_the_main_risks_of_each_financial_stock_to_buy\" title=\"What are the main risks of each financial stock to buy?\">What are the main risks of each financial stock to buy?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/bajaj-finance-vs-ireda-vs-reliances-jio-financial-top-financial-stock-to-buy-after-q2-results-2026-for-best-returns\/#Should_I_pick_one_financial_stock_to_buy_or_hold_all_three\" title=\"Should I pick one financial stock to buy or hold all three?\">Should I pick one financial stock to buy or hold all three?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/bajaj-finance-vs-ireda-vs-reliances-jio-financial-top-financial-stock-to-buy-after-q2-results-2026-for-best-returns\/#Is_this_article_investment_advice\" title=\"Is this article investment advice?\">Is this article investment advice?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Financial_Stock_to_Buy_Live_Price_and_52-Week_Position\"><\/span><strong>Financial Stock to Buy: Live Price and 52-Week Position<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Stock<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Price at 10:26 AM IST<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Change today<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">52-week range<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Distance from 52-week high (my calculation)<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Bajaj Finance<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 938.25<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Down 2.0%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 787.90 to Rs 1,176.40<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 20% below<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">IREDA<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 103.60<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Down 2.8%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 103.41 to Rs 156.75<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 34% below, at the 52-week low<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Jio Financial<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 214.37<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 0.2%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 208.50 to Rs 316.85<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 32% below<\/td>\n<\/tr>\n<\/table>\n<p>IREDA and Jio Financial sit close to their 52-week lows, while Bajaj Finance is about 19% above its low. A stock near its low can be a financial stock to buy for a rebound or a sign that the market doubts the story, and the Q2 numbers help decide which.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/screeners\">Compare these financial stocks on the Univest Screener<\/a><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Q2_Results_Compared_for_the_Financial_Stock_to_Buy\"><\/span><strong>Q2 Results Compared for the Financial Stock to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Metric<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Bajaj Finance<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">IREDA<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Jio Financial<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Net profit<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 6,367 crore (consolidated), up 29%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 554 crore (standalone), up from Rs 549 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 340 crore, down 51.1% from Rs 695 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Income<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Net interest income Rs 13,335 crore, up 24%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Revenue Rs 2,345 crore, up 14%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Total income Rs 1,699 crore, up 131.7%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Book growth<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">AUM Rs 5,84,624 crore, up 26%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Loan book Rs 97,411 crore, up 15%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Loans Rs 37,493 crore, from Rs 25,711 crore in March<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Disbursements<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">13.45 million new loans<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 10,579 crore, up 31%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 13,135 crore at Jio Credit, up 98.3%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Share price reaction<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Fell 2.5% on 19 Oct<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Fell about 2.8% on 21 Oct<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Near flat<\/td>\n<\/tr>\n<\/table>\n<p>For any financial stock to buy, growth must be weighed against price. Bajaj Finance added Rs 37,680 crore of AUM in the quarter and 4.42 million customers, taking its franchise to 128.85 million. IREDA&#8217;s profit was flat even as disbursements grew 31%, and Jio Financial&#8217;s profit fell because finance costs rose 325% as it built a loan book, and its associates and joint ventures posted a loss of Rs 44 crore against income of Rs 217 crore a year earlier.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to get price alerts on financial stocks.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Asset_Quality_and_Balance_Sheet_Strength\"><\/span><strong>Asset Quality and Balance Sheet Strength<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Item<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Bajaj Finance<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">IREDA<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Jio Financial<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Gross NPA<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">1.06%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Not found in the sources I read<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Not applicable in the same way<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Net NPA<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">0.42%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">1.08%, down from 1.97%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Not found<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Capital adequacy<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">20.33%, Tier 1 at 19.43%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Net worth Rs 14,337 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Total assets Rs 1,81,666 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Provisions<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 2,166 crore, including a Rs 337 crore management overlay<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Not found<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 41 crore, up from Rs 13 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Debt to equity<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">4.08<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">5.64<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">0.32<\/td>\n<\/tr>\n<\/table>\n<p>Bajaj Finance holds the best-known asset quality record among the three, with a net NPA of 0.42%. IREDA improved its net NPA sharply to 1.08%, but one report mentions fraud cases, which I could not confirm in the Business Standard article. Jio Financial has a low debt load, with debt to equity of 0.32, which makes the financial stock to buy question one of growth and not of balance sheet strain.<\/p>\n<p><strong>Risk:<\/strong> Before picking a financial stock to buy, remember that NBFCs depend on low-cost funding and credit quality, so a rise in bond yields or in defaults can hit profit faster than a bank.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Valuation_Which_Financial_Stock_to_Buy_Is_Priced_for_What\"><\/span><strong>Valuation: Which Financial Stock to Buy Is Priced for What?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Metric<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Bajaj Finance<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">IREDA<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Jio Financial<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Price to earnings<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">28.9<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">15.2<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">82.5<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Price to book<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">5.23<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">2.17<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">1.09<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Return on equity<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">17.6%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">13.7%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">1.3%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Market capitalisation<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 5,95,824 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 29,918 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 1,41,109 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Dividend yield<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">0.63%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">1.27%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">0.27%<\/td>\n<\/tr>\n<\/table>\n<p>The industry price to earnings figure is about 17.3, so Bajaj Finance trades at a premium and Jio Financial at a very large one, because its earnings are still small. IREDA is the only one of the three below the industry multiple. Price matters when choosing a financial stock to buy. A low price to book of 1.09 for Jio Financial reflects the value of its large equity base, but a return on equity of 1.3% means that value is not yet earning much.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Who_Each_Financial_Stock_to_Buy_May_Suit\"><\/span><strong>Who Each Financial Stock to Buy May Suit<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Stock<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Profile<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Main question<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Bajaj Finance<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Consistent growth, strong asset quality, premium price<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Is 29 times earnings fair after a 2% fall?<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">IREDA<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Renewable energy lender at a low multiple and a 52-week low<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Can profit growth resume after a flat quarter?<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Jio Financial<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Early-stage lender with a large asset base and a big brand<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">When will earnings catch up with the valuation?<\/td>\n<\/tr>\n<\/table>\n<p>None of these is the single best financial stock to buy for every investor. A growth investor may focus on Bajaj Finance, a value investor on IREDA and a patient investor on Jio Financial, but each can fall further if credit costs or interest rates rise.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Data_Conflicts_to_Know_About\"><\/span><strong>Data Conflicts to Know About<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Some IREDA headlines call profit up 62% or show consolidated profit of Rs 891.75 crore, but Business Standard reports standalone profit of Rs 554 crore against Rs 549 crore, and I use that. Check these figures before you pick a financial stock to buy. I also could not find IREDA&#8217;s gross NPA or its fraud case disclosure in the source I read.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_to_Watch_Next_for_the_Financial_Stock_to_Buy\"><\/span><strong>What to Watch Next for the Financial Stock to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>Whether IREDA holds its 52-week low of Rs 103.41<\/li>\n<li>Bajaj Finance&#8217;s credit cost and the effect of its Rs 337 crore management overlay<\/li>\n<li>Jio Financial&#8217;s lending growth against its rising finance costs<\/li>\n<li>Changes in bond yields and borrowing costs for lenders<\/li>\n<li>Brokerage target updates on each financial stock to buy after the Q2 results<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the three candidates for a financial stock to buy, Bajaj Finance is the quality and growth choice at a premium, IREDA is the low-multiple choice with flat profit and Jio Financial is the long-term bet with low returns today. The right financial stock to buy depends on your horizon and risk tolerance, so use the figures here as a starting point.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Which_is_the_best_financial_stock_to_buy_among_Bajaj_Finance_IREDA_and_Jio_Financial\"><\/span><strong>Which is the best financial stock to buy among Bajaj Finance, IREDA and Jio Financial?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> There is no single answer. Bajaj Finance has the strongest growth and asset quality at a premium price, IREDA is lower priced but its profit was flat, and Jio Financial is early-stage with low returns today.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_did_Bajaj_Finance_perform_in_Q2_FY27_as_a_financial_stock_to_buy\"><\/span><strong>How did Bajaj Finance perform in Q2 FY27 as a financial stock to buy?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Consolidated profit rose 29% to Rs 6,367 crore, net interest income grew 24% to Rs 13,335 crore and AUM rose 26% to Rs 5,84,624 crore. Gross NPA was 1.06% and net NPA was 0.42%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_did_IREDA_perform_in_Q2_FY27_as_a_financial_stock_to_buy\"><\/span><strong>How did IREDA perform in Q2 FY27 as a financial stock to buy?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Standalone profit was Rs 554 crore, almost flat on Rs 549 crore a year ago, while revenue rose 14% and disbursements rose 31%. Net NPA fell to 1.08% from 1.97%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_did_Jio_Financials_profit_fall_51_in_Q2_and_does_it_change_the_financial_stock_to_buy_case\"><\/span><strong>Why did Jio Financial&#8217;s profit fall 51% in Q2, and does it change the financial stock to buy case?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Total income more than doubled to Rs 1,699 crore, but expenses rose 166% and finance costs rose 325%. Associates and joint ventures also swung to a Rs 44 crore loss.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_financial_stock_to_buy_looks_lowest_priced_of_the_three\"><\/span><strong>Which financial stock to buy looks lowest priced of the three?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> IREDA trades at about 15 times earnings and 2.2 times book, below the industry multiple of about 17.3. Low multiples can reflect lower growth, so compare the quality of earnings as well.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_main_risks_of_each_financial_stock_to_buy\"><\/span><strong>What are the main risks of each financial stock to buy?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Rising funding costs, higher defaults, slower loan growth and regulatory changes can hurt lenders. IREDA is also exposed to renewable energy project risk, and Jio Financial to its early stage.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_I_pick_one_financial_stock_to_buy_or_hold_all_three\"><\/span><strong>Should I pick one financial stock to buy or hold all three?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> That depends on your goals and risk limit, and no article can decide it for you. Spreading money across different business models reduces concentration, but each stock still carries its own risks.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_this_article_investment_advice\"><\/span><strong>Is this article investment advice?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. It is educational and not a recommendation to buy or sell. Please check the figures against company filings and your own risk profile before you act on anything you read here.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Which is the best financial stock to buy among Bajaj Finance, IREDA and Jio Financial?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"There is no single answer. Bajaj Finance has the strongest growth and asset quality at a premium price, IREDA is lower priced but its profit was flat, and Jio Financial is early-stage with low returns today.\"}},{\"@type\":\"Question\",\"name\":\"How did Bajaj Finance perform in Q2 FY27 as a financial stock to buy?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Consolidated profit rose 29% to Rs 6,367 crore, net interest income grew 24% to Rs 13,335 crore and AUM rose 26% to Rs 5,84,624 crore. 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Please check the figures against company filings and your own risk profile before you act on anything you read here.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Financial stock to buy after Q2 results 2026? Compare Bajaj Finance, IREDA and Jio Financial on profit, AUM, asset quality, valuation and risks, with live prices.<\/p>\n","protected":false},"author":34,"featured_media":318859,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[13698,13697,13696,13016,13699,5355],"class_list":["post-318860","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bajaj-finance-q2-results","tag-bajaj-finance-vs-ireda-vs-jio-financial","tag-financial-stock-to-buy","tag-ireda-q2-results","tag-jio-financial-q2-results","tag-nbfc-stocks"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["318859"],"rank_math_title":["Financial Stock to Buy: Bajaj Finance vs IREDA vs Jio Financial"],"rank_math_description":["Financial stock to buy after Q2 results 2026? 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