Bajaj Housing Finance shares just made a smashing debut, but should you hold or fold? Here's everything you need to know!
The Bajaj Housing Finance IPO has taken the Indian stock market by storm, with its shares making a dramatic debut at ₹150—an impressive 114% premium over the issue price of ₹70! Investors who hopped on this luxury ride not only beat the grey market rumors but also saw their money flourish as the company’s market capitalization soared past the ₹1-trillion mark within moments of listing. It's like waking up on a Monday feeling like a Bollywood superstar!
However, with great profit comes great responsibility! Analysts now have their crystal balls out, advising investors to either book profits or hold onto their shares for a longer haul. It’s crucial to remember that not every market debut will paint the same glittering picture. Those who missed this IPO are encouraged not to jump ship just yet; experts suggest that investing six months post-listing could still yield exciting opportunities. So don’t worry if you didn’t secure your golden ticket this time!
On the flipside, while Bajaj Housing Finance is basking in the spotlight, it's a little sibling rivalry brewing in the Bajaj family, as shares of Bajaj Finance and Bajaj Finserv experienced a minor dip. Surprisingly enough, the excitement surrounding Bajaj Housing hasn’t exactly replicated the well-oiled financial machine of its siblings. It’s like a family reunion where one cousin steals the show with their dance moves, leaving the others shaking their heads in disbelief!
As we dive deeper into this tale of financial triumphs and a tinge of sibling rivalry, did you know that Bajaj Group is one of the oldest and most illustrious names in India, boasting a legacy that spans over 96 years? Also, the fervor surrounding the IPO is reflective of the larger trends in India’s real estate market, which is rebooting itself and drawing significant investor interest. So buckle up, because the saga of Bajaj Housing Finance is only just beginning!
Bajaj Housing Finance IPO listing: Shares beat GMP at listing with 114 per cent premium. The m-cap of the company surpassed Rs 1-trillion mark within ...
While Bajaj Housing Finance's IPO may have sparked FOMO, experts advise patience. Mint's analysis shows that investing six months to a year post-listing may ...
Bajaj Housing Finance's IPO, which saw massive investor interest, is expected to list at a significant premium. Analysts recommend holding the stock for ...
Ahead of its listing, shares of Bajaj Housing Finance were commanding a grey market premium (GMP) of 73-75 per share, suggesting a listing pop of 104-105 ...
Bajaj Housing Finance shares debuted strongly on stock markets at ₹150, a 114% premium over the IPO price.
India Business News: Bajaj Housing Finance shares commenced trading at Rs 150 on both BSE and NSE, over double the issue price of Rs 70. The IPO raised Rs ...
Shares of Bajaj Finance and Bajaj Finserv declined by 3.3% and 3%, respectively, on the BSE following the multibagger listing of Bajaj Housing Finance.