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Bajaj Housing Finance Share Price Hit 52-week Low on January 22, 2025

Updated on: Jan 22, 2025, 2:40 PM IST
Bajaj Housing Finance shares fell 2.83% to ₹110 on Jan 22, 2025, down from a 52-week high of ₹188.45, erasing over 50% of post-IPO gains.
Bajaj Housing Finance Share Price Hit 52-week Low on January 22, 2025
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On January 22, 2025, Bajaj Housing Finance share price traded down by 2.83% at 1:54 PM (IST) at ₹110. Bajaj Housing Finance’s share price reached a 52-week high of ₹188.45 on September 18, 2024, and a 52-week low of ₹100.60 on January 22, 2025. As per BSE, the total traded volume for the stock stood at 7.36 lakh shares with a turnover of ₹8.16 crore.

Bajaj Housing Finance, a Bajaj Group company, made its stock market debut in September 2024 with an IPO priced at ₹70 per share, marking the group’s first IPO in over three decades. The stock had a stellar listing on the NSE at ₹150, delivering a remarkable 114% return.

However, the stock faced heavy profit-booking, slipping below its listing price and erasing over 50% of its gains above the IPO issue price.

Shareholding Details

As of December 31, 2024, Foreign Institutional Investors (FIIs) held a 1.11% stake in HUL shares, while Domestic Institutional Investors (DIIs) owned 0.82%, and the promoters held 88.75%.

Bajaj Housing Finance Q2 FY25 Results

Hindustan Unilever Ltd (HUL) reported a year-on-year decline in its Q2 FY25 consolidated net profit, which stood at ₹2,591 crore, compared to ₹2,668 crore in the same quarter of the previous year.

However, the company’s consolidated revenue for the quarter rose by 2.1% to ₹16,145 crore.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jan 22, 2025, 2:40 PM IST

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