Did you hear about Bajaj Housing Finance's stock debut? It more than doubled on its first day! Find out all the juicy details here!
Bajaj Housing Finance has officially made a splash in the stock market with a debut that has left investors buzzing! On September 16, 2024, shares of the company opened at a staggering value, more than doubling in price from their offer. This phenomenal showing didn’t just make headlines — it catapulted Bajaj Housing Finance into the ranks of the most valuable housing finance companies in India, boasting a whopping market capitalization of ₹1.37 lakh crore. Talk about starting strong!
Investor enthusiasm wasn’t just about the spectacular numbers; the initial public offering (IPO) was a significant moment for Bajaj Finance, the parent company, who offered equity shares worth ₹3,000 crore. This generated excitement and curiosity among both seasoned investors and newcomers alike. At the end of the trading day, Bajaj Housing Finance shares closed at ₹165 on the NSE and ₹164.99 on the BSE, representing an impressive 10% increase in value. Who would have thought that a housing finance stock could get the trading floor so electrified?
If you missed the chance to hop on this IPO lottery, don’t sweat it! Investors have started weighing their options on whether to still snag some shares now that prices are in a more reasonable range. The buzz in the market raises the question: Is this the right time to jump in, or should one wait for further fluctuations? It feels like Bajaj Housing Finance has created a real rollercoaster of emotions in investor hearts, and many are eagerly watching to see how the stock market saga unfolds in the days to come.
For those wondering about the bigger picture, Bajaj Housing Finance's success exemplifies the robust demand for housing finance in India. While the stock market is notoriously volatile, this massive jump shows how markets can sometimes surprise everyone, even seasoned analysts. Plus, with the global housing market showing resilience, it's an exciting time not just for Bajaj Housing Finance but potentially for the entire sector. So, buckle up and stay tuned; this rollercoaster ride has just begun!
Bajaj Housing Finance IPO consists of an offer for sale (OFS) of equity shares by parent company Bajaj Finance for a total of ₹3,000 crore and a new issue of ...
After a blockbuster listing, Bajaj Housing Finance emerged as the most valuable housing finance company with an m-cap of Rs 1.37 lakh crore.
Shares of Bajaj Housing Finance more than doubled in their trading debut on Monday (Sep 16), giving the company a market capitalisation of US$16 billion and ...
Bajaj Housing Share Price Listing Live | IPO News: On Monday, Bajaj Housing Finance shares made their debut at more than double the offer price during ...
Investors wondering if they should buy Bajaj Housing Finance shares now after bumper listing gains may take partial positions when the price offers entry ...
Bajaj Housing Finance stock closed 10% on the NSE at ₹165, and 9.99% on t he BSE at ₹164.99. September 16, 2024 15:04 ...
BENGALURU (Reuters) -- Shares of Bajaj Housing Finance more than doubled in their trading debut on Monday, giving the company a market capitalization.
Bajaj Housing Finance listing: By midday, the shares hit an upper circuit at Rs 164.99, representing an overall premium of 135.70% over the IPO price.
PhillipCapital believes that Bajaj Housing Finance is likely to have a balance sheet of ₹2 lakh crore in the next three years.
Bajaj Housing Finance share has got its first 'buy' rating after a record-breaking IPO and a bumper listing. PhillipCapital sees further upside in the stock ...
Bajaj Housing Finance Limited was originally incorporated as `Bajaj Financial Solutions Limited' at Pune Maharashtra as a Public Limited Company pursuant to ...
Shares of Bajaj Housing Finance were listed on the NSE and BSE at ₹150, a premium of 114.2% against the issue price of ₹70. The stock closed 10% higher on ...
The brokerage has given a target price of Rs 210 and sees a 27 per cent upside from Monday's closing price of Rs 165 per share. "We would look favourably at ...
After logging a stellar listing pop yesterday, Bajaj Housing's stock continued its strong upmove and zoomed 10 per cent to hit an upper circuit level of Rs ...
Phillip Capital forecasts a 27% rise for Bajaj Housing Finance Ltd in the next year, initiating coverage with a 'Buy' recommendation.
Shares of housing finance companies fell after Bajaj Housing Finance's strong debut, as investors considered the prior run-up excessive.
Bajaj Housing Finance share price: The sharp rise in the company's share price comes a day after the company's stellar IPO debut and indicates continued ...
Following a stellar Dalal Street debut on Monday, Bajaj Housing Finance (BHFL) has seen its first brokerage initiation report from Phillip Capital.
Obviously the catch-up effect is happening with the other stock exchange that is what we are of course realising. Second thing, many of the funds are ...
Bajaj Housing Finance's stellar IPO debut has investors pondering their next move: Should they invest now or consider established alternatives like LIC ...
Bajaj Housing Finance became the fourth-best listing of 2024 after BLS E-Services, Premier Energies and Unicommerce e-solutions.
Bajaj Housing Finance surged 136% on its listing day and rose another 10% to Rs 181.48. PhillipCapital's coverage sets a Rs 210 target, highlighting strong ...