The shares, which opened 114 per cent higher than the issue price and marched ahead to settle 136 per cent higher on the BSE and the National Stock Exchange (NSE), soared another 10 per cent to hit a record high of ₹181.48 apiece on the bourses on Tuesday.
BHFL is now the biggest housing finance company in terms of market capitalisation at 1.51 trillion, more than 2.5 times its initial public offering (IPO) valuation of ₹58,300 crore. Housing and Urban Development Corporation (Hudco) and LIC Housing, with market capitalisation of ₹49,056 crore and ₹37,239 crore, are ranked next.
However, Bajaj Housing's market debut has left many investors, particularly those who missed the IPO allotment or failed to apply, wondering about their next move: Should they invest now or consider established alternatives like LIC Housing Finance, the second biggest player by market share.
この記事は Business Standard の September 18, 2024 版に掲載されています。
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この記事は Business Standard の September 18, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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Volumes, margins lead to earnings upgrade for Page Industries
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Swiggy IPO: QIBs do final-day heavylifting
Issue subscribed 3.6x as institutional investors swoop in on Day 3 to corner 90% bids
Adani Power cuts B'desh supply by more than 60%
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Beyond the syntax of national culture
This book is not just a masterly exploration of India's linguistic civilisation. More importantly, it serves as a timely warning against recent attempts at conducting the epistemic study of Indian languages through a narrow prism of singularity.
FORENSIC PROBE ALL SET TO BOOST CONVICTION RATE
With Bharatiya Nyaya Sanhita making such investigation mandatory in serious crime cases that attract seven years' imprisonment or above, more and more criminals are likely to be brought to justice in the next five years
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Prime Minister Narendra Modi on Friday flagged the Congress' \"caste politics\" and cautioned the nation against it, while also accusing the grand old party of \"playing a dangerous game of pitting one caste against another\" for political gains.
