Bajaj Housing lists at 114% premium
New Delhi, Updated At : 09:49 AM Sep 17, 2024 IST
Photo for representational purpose only. - File photo
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Bajaj Housing Finance Limited became the most valued housing finance company in the country, following a blockbuster market debut today.
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Its stock was listed at Rs 150 on the BSE and NSE, reflecting a jump of 114.28 per cent from the issue price of Rs 70.
On the BSE, it zoomed 135.7 per cent to settle at Rs 164.99 — its upper circuit limit. At the NSE, the firm’s shares surged by 135.71 per cent to settle at the upper circuit limit of Rs 165.
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At the close of trade, its market capitalisation stood at Rs 1.37 lakh crore.
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