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Bajaj Housing Finance Share Price: The momentum in Bajaj Housing Finance's stock is not stopping. After listing on Monday, the stock had a 10 percent upper circuit. Today, on Tuesday, its stock is again showing a great rise. The company's stock has climbed 8.73 percent on BSE . At around 11 am, it was at Rs 179.39 with a gain of Rs 14.40 or 8.73 percent, whereas after listing at Rs 150 on Monday, it closed at Rs 164.99.
The brokerage firm expressed confidence.
Brokerage firm PhillipCapital has given a "BUY" rating on Bajaj Housing Finance shares and initiated coverage with a target price of Rs 210. This is 3 times its IPO price of Rs 70 per share.
4th Most Spectacular Listing of 2024
Bajaj Housing Finance became the fourth-best listing of 2024 after BLS E-Services, Premier Energies, and Unicommerce E-Solutions. It listed on the stock markets on Monday at a premium of 114% over its IPO price.
Biggest IPO of 2024
Bajaj Housing Finance's IPO was the biggest IPO of the year so far in terms of size and also became the most sought-after issue in history. The three-day IPO received bids worth Rs 3.24 lakh crore, while its IPO size was Rs 6,560 crore.
Disclaimer: Here mainly information about stock returns is given, not investment advice. There is risk in the equity market, so invest at your own risk. Do take expert advice before investing.
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