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Mint

Cholamandalam is in spotlight, but watch the valuations

The market capitalization of Cholamandalam is far behind that of number one player Bajaj Finance, but both trade at similar valuations. While the macro scenario is favouring NBFCs, investors must not lose sight of the valuation

Mint

Bajaj Housing Finance share price falls 16% in two days, remains India's most-valued HFC

Bajaj Housing Finance share price: Bajaj Housing Finance's stock has experienced a sharp decline in recent days, falling over 16% from its 52-week high.

The Economic Times

Bajaj Housing Finance shares tumble 11% in 2 days. Should you buy, sell or hold?

Bajaj Housing Finance Share Price: Bajaj Housing Finance shares have fallen by 11% over the past two days after a strong debut. Despite this dip, analysts remain optimistic due to the company's strong growth and support from the Bajaj Group. Experts suggest holding or buying on dips for long-term gains.

The Economic Times

Bajaj Finance Share Price Live Updates: Bajaj Finance Closes at Rs 7631.10, Achieving 5.49% Returns Over Three Months

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Mint

Top Gainers and Losers today on 18 September, 2024: Shriram Finance, Bajaj Finance, Tata Consultancy Services, HCL Technologies among most active stocks; Check full list here

Top Gainers and Losers Today : The Sensex lost 131.43 points, or -0.16, to settle at 83079.66, while the Nifty lost 41.0 points, or -0.16, to close at 25418.55.

The Economic Times

​Gainers & Losers: Bajaj Housing Finance, BSE among 13 stocks

Indian indices closed lower, influenced by declines in IT stocks like Infosys and TCS. BSE surged on IPO hopes, while Torrent Power gained after a major contract win.

Business Standard

Bajaj Housing shares slip 6% on profit booking after 2-day run up

Bajaj Housing Finance shares had gained XXX per cent, since listing at a premium of 114%, at Rs 150 on the BSE on Monday

CNBC TV18

Bajaj Finance shares an attractive bet post BHFL listing? Analysts have their say

Bajaj Housing Finance’s market capitalisation is now bigger than combined market cap of 10 other peers.

The Economic Times

Bajaj Housing Finance shares under pressure after multibagger rally. Should you buy or sell?

Bajaj Finance shares rallied post-IPO but faced pressure today, declining 2%. Analysts recommend waiting for a price correction before buying, despite the company's strong growth potential and premium valuation.

The Economic Times

Bet on these 5 NBFCs as highly-anticipated rate cuts promise windfall for investors

With interest rate cuts expected this year, non-banking financial companies (NBFCs) are set to benefit significantly. Analysts highlight the potential for growth in NBFC assets under management, especially in consumer finance and gold-based lending. Stocks like Bajaj Finance, M&M Financial Services, and Shriram Finance are recommended for investment due to their strong asset quality and favorable loan compositions.

The Economic Times

IT stocks drag Sensex, Nifty lower ahead of Fed meet outcome

Dalal Street remained cautious ahead of the US Fed meeting, with Sensex and Nifty flat; Bajaj Housing Finance continued its rally.

The Economic Times

Hot stocks: Brokerage view on Bajaj Auto, Emcure Pharma, LTIMindtree and Bajaj Finance

CLSA maintains an underperform rating on Bajaj Auto with a target price of Rs 7,000. The recent launch of entry-level motorcycles by Bajaj and Triumph, particularly the Speed T4, is seen as promising. However, caution is warranted due to rising competition in the premium segment, moderated growth in the over-250cc category, and ongoing pressure in key export markets.

The Economic Times

NBFCs witness higher deposit growth than banks, records 21% rise in FY24

Non-bank lenders in India have expanded their deposit base by 21% in FY24, outpacing banks' 13.5% growth, according to RBI data. Major NBFCs like Bajaj Finance and Shriram Finance offer higher interest rates than banks, making them attractive to savers. The number of deposit-taking NBFCs has been reduced to 25 from 34 last year.

The Economic Times

Gainers & Losers: Bajaj Finance, Ola Electric among 6 stocks in limelight on Tuesday

Indian indices rose for the second day, with Nifty hitting a record 25,418.55 and Sensex reaching 83,079.66. Both indices saw modest gains despite a range-bound trading day.

Mint

Stellar IPO debuts: Bajaj Housing lists at 114% premium to issue price; a look at multibagger listings

Bajaj Housing Finance debuted on the stock market on September 16, listing at ₹150, a 114.29 per cent premium over its IPO price of ₹70. In addition to Bajaj Housing Finance, several other IPOs have delivered strong multibagger listings. Here's a look at 8 such stocks since 2021.

The Economic Times

Bajaj Housing Finance, India’s most valuable mortgage lender, sees competition ebbing

Bajaj Housing Finance Ltd., India's leading mortgage lender, sees competition easing as larger banks shift focus from retail to corporate credit. Chairman Sanjiv Bajaj noted the company's shares surged after a successful IPO, and it plans to expand sensibly in key markets. Home prices outside major metros remain steady.

Business Line

Bajaj Housing Finance shares hit fresh high, jump 10%

The stock debuted at ₹150 on the NSE and BSE on Monday, at a premium of 114 per cent over the issue price of ₹70

CNBC TV18

Bajaj Housing Finance shares extend gains after 135% listing day surge; Should you book profits?

With Tuesday's surge, Bajaj Housing Finance shares are up nearly 160% from its IPO price in just two days of being a public company.

The Economic Times

Should you invest in Bajaj Housing Finance after its surge? Deven Choksey answers

Obviously the catch-up effect is happening with the other stock exchange that is what we are of course realising. Second thing, many of the funds are basically having space to basically buy into the portfolio, the intermediaries within the BFSI space, which includes the exchanges, which includes the depositories, even custodian service providers among them.

The Economic Times

Bajaj Housing Finance shares up 10% after ending 136% higher on listing day, PhillipCapital sees another 27% upside potential

Bajaj Housing Finance surged 136% on its listing day and rose another 10% to Rs 181.48. PhillipCapital's coverage sets a Rs 210 target, highlighting strong growth potential and favorable returns.

Business Standard

Bajaj Housing shares hit 10% upper circuit a day after bumper listing

Bajaj Housing Finance shares were listed at Rs 150 on the BSE, and NSE, surging 114.28 per cent above the IPO issue price of Rs 70

The Economic Times

Upside potential of 71%! Bajaj Finance among 8 stocks on which brokerages initiated coverage

Brokerages have recently initiated coverage on eight Indian stocks, including Bajaj Finance, CCL Products, and AU Small Finance Bank, highlighting their growth potential. The optimism is driven by favorable domestic and international economic conditions. Stocks like CCL Products are expected to see significant upside due to advanced technology and strategic expansion efforts.

Business Standard

Bajaj Housing Finance gets first 'Buy' call; PhillipCapital sees 27% upside

PhillipCapital pegs Bajaj Housing Finance's balance sheet at over Rs 2 trillion in three years

CNBC TV18

The Marketbuzz Podcast: Nifty consolidates but Bajaj Housing Finance may see more upside

Marketbuzz Podcast: Indian markets may see a subdued start according to the GIFT Nifty. Watch out for stocks like Bajaj Housing Finance, Vedanta, JK Tyre.

The Economic Times

Bajaj Housing Finance: Is it time to hold or wait for a correction? Devang Mehta answers

​​The apprehension that the people earlier had when the IPO of Zomato had come and you saw the seesaw that happened on the stock price, both on the upside as well as on the downside, that was because, yes, India still more or less values companies on profits rather than on revenues.

CNBC TV18

Bajaj Housing Finance shares will surge to 3x their IPO price, says analyst with first 'buy' rating

Bajaj Housing Finance became the fourth best listing of 2024, behind BLS E-Services, Premier Energies and Unicommerce e-solutions, when it listed on the bourses on Monday at a 114% premium to its IPO price.

The Economic Times

Bajaj Housing makes stellar debut! Technical glitches rob many of the chance to make IPO gains

Bajaj Housing Finance's IPO saw a strong debut, but technical issues led to the disqualification of nearly 14 lakh applications. Most rejections were due to UPI-related glitches, affecting investor participation. The company received a record 89.07 lakh applications, with 74.46 lakh deemed eligible after rejections.

The Economic Times

Bajaj Housing Finance's stock performance to chart HFC shares’ path

Shares of housing finance companies fell after Bajaj Housing Finance's strong debut, as investors considered the prior run-up excessive. The future performance of these shares depends on Bajaj Housing Finance's stock. PNB Housing Finance and LIC Housing Finance saw significant declines, while others like Can Fin Homes and Aavas Financiers also dropped.

The Economic Times

Bajaj Housing Finance lists at 115% premium; bigger than next 4 peers combined

Bajaj Housing Finance made a remarkable debut on the stock market, listing at ₹150, a 115% increase from its IPO price of ₹70. The stock closed at ₹165, making it the most valuable in its segment with a market cap of ₹1.37 lakh crore. Analysts predict further gains in the near term.

Business Line

Stock Market Live Updates: Sensex, Nifty open lower as traders await Fed rate decision

Sensex, Nifty, Share Prices LIVE: Indian benchmark indices, Sensex and Nifty, opened slightly lower on Tuesday, with traders displaying caution ahead of the U.S. Federal Reserve’s expected rate cut. In early trade, the Sensex dropped 32.50 points to 82,956.28, and the Nifty fell by 5.85 points to 25,377.90. On Monday, both indices had reached record highs, driven by rising metal stocks fuelled by optimism around the potential rate cut. Prashanth Tapse, Senior VP (Research) at Mehta Equities, highlighted that former New York Fed President William Dudley’s call for a half-point rate cut has heightened expectations for a more aggressive move by the Fed. Tapse expects Nifty to trade between 25,000 and 26,000, with 26,000 acting as key resistance. He also recommended Exide Industries as a buy for the week, while Bajaj Housing Finance soared 136% on debut and Dixon Technologies gained 7% following a key manufacturing deal.

The Economic Times

Bajaj Finance, Chola Invest and HDB raising $1.3 bn in overseas loans

Three of India's top non-banking finance companies, including Bajaj Finance, have raised $1.3 billion through overseas bank loans to diversify funding amid tighter RBI regulations. Bajaj Finance, Cholamandalam Investment and Finance Co, and HDB Financial Services secured loans priced at 135 basis points over the three-month SOFR.

Business Standard

Bajaj Housing Finance debut boosts Bajaj Group's market capitalisation

Fourth-ranked conglomerate narrows gap with Adani group

Business Standard

Bajaj Housing Finance surges 2.4x on debut, adds Rs 79K cr in market value

BHF's strong debut follows strong demand for its shares during its Rs 6,560 crore IPO, which saw 67 times more demand than shares on offer and garnered record Rs 3.2 trillion worth of bids

The Economic Times

Stock market update: Stocks that hit 52-week lows on NSE in today's trade

Bajaj Finance, HUL, Bajaj Finserv, SBI Life and Britannia were among the top losers on NSE in today's trade.

The Economic Times

Gainers & Losers: Bajaj Finance, Adani Green among 10 stocks in limelight on Monday

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Mint

Top Gainers and Losers today on 16 September, 2024: NTPC, JSW Steel, Bajaj Finance, Bajaj Finserv among most active stocks; Check full list here

Top Gainers and Losers Today : The Sensex gained 110.1 points, or 0.13, to settle at 82890.94, while the Nifty gained 33.65 points, or 0.13, to close at 25356.5.

The Economic Times

After a stellar stock market debut, what Bajaj Housing Finance has for long-term investors

The stock listed at a premium of 114%, becoming a multibagger on the listing day itself. Can it be a good long-term bet even though the present valuations are high?

The Economic Times

India’s buzzing IPO market is gearing up for bigger debuts

Indian companies are exploring larger IPOs, with Swiggy, LG Electronics, and Hyundai Motor's Indian units planning significant offerings. This trend follows India's economic growth and increased investor interest. Notable IPOs this year include Bajaj Housing Finance and Ola Electric Mobility, with most of the 240 offerings raising under $100 million.

Business Standard

Strategies to trade Bajaj Finance, Bajaj Finserv post Bajaj Housing debut

Technical chart flag caution at the Bajaj twin counters owing to formation of a 'Bearish Engulfing' candlestick pattern on the daily scale; check key support, resistance levels here

The Economic Times

Bajaj Housing Finance: How much more room in the house of plenty?

Bajaj Housing Finance's IPO saw a remarkable response, listing at a 114% premium. The issue was subscribed 64 times, breaking records with bids worth ₹3.23 lakh crore and 8.9 million applications. Strong parentage, reasonable valuations, and growth prospects drove the interest, positioning Bajaj Housing Finance for significant future growth.