Bajaj Housing lists at 114% premium

Bajaj Housing Finance Limited became the most valued housing finance company in the country, following a blockbuster market debut today. Its stock was listed at Rs 150 on the BSE and NSE, reflecting a jump of 114.28 per cent from...

PTI

New Delhi, Updated At : 09:49 AM Sep 17, 2024 IST

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Bajaj Housing Finance Limited became the most valued housing finance company in the country, following a blockbuster market debut today.

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.

At the close of trade, its market capitalisation stood at Rs 1.37 lakh crore.