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Why Bajaj Housing Finance Shares Are Hitting Upper Circuit
The Bajaj Housing Finance stock listed at a significant premium of 114% at Rs 150 per share on Monday.
17 Sep 2024, 02:00 PM IST
Shares of Bajaj Housing Finance Ltd. could face liquidity squeeze post listing, according to NDTV Profit Research. This is primarily because the scrip is seeing significant demand from institutions like mutual funds and foreign portfolio investors post listing. On Tuesday the stock hit a upper circuit of 10% with demand for 2.4 crore shares and no sellers on the NSE. The IPO saw over Rs 3.3 lakh crore in demand, with the company stoc...
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