Recession in stock markets

As you can see that it's basically a financing company and due to this Covid-19..all of its marketing businesses have been halted..so there is no new business is coming out and hence it is hurting it's price..

Also due to this Covid-19 effect majority of people are not in a condition to pay their EMI for loans.. so it's also affecting Bajaj finance major income source and it is further deterioration of the company

And lastly government is also not providing the enough help for companies like Bajaj finance.. making them more and more vulnerable.

So we can see how the prices of Bajaj finance are slumping but we must also consider that these prevailing conditions will not last forever and surely it will bounce back..