Bajaj Housing Finance Ltd

(BAJAJHFL)

Bajaj Housing Finance Reports Strong Profit Growth - 22 Oct, 2024

Bajaj Housing Finance Ltd reported a 21% increase in profit to Rs 546 crore. Net interest income rose 13% to Rs 713 crore, while AUM grew 26% to Rs 1.02 lakh crore. However, disbursements declined slightly, and net interest margin showed mixed results.

Bajaj Housing Finance Reports Strong Q2 FY25 Results - 21 Oct, 2024

Bajaj Housing Finance announced a 21% increase in net profit to ₹546 crore for Q2 FY25, driven by robust demand for home loans and a 26% rise in assets under management. Despite a slight decline in asset quality, the company remains optimistic about growth in construction finance and lease rental discounting.

Bajaj Housing Finance Allocates 150,000 NCDs - 17 Oct, 2024

Bajaj Housing Finance Limited announced the allotment of 150,000 NCDs at a face value of INR 100,000 each, totaling INR 15,004.5 million. The NCDs have a tenure of 1826 days and will mature on October 17, 2029, with annual coupon payments.

Bajaj Housing Finance Faces Sell Ratings and Price Pressure - 16 Oct, 2024

Bajaj Housing Finance is under pressure as Ambit initiates a 'Sell' rating, citing overvaluation and competitive challenges. The stock trades below its IPO price, reflecting a 14.60% decline over the past month. The company is set to announce its Q2 results soon.

Bajaj Housing Finance Shares Decline Post Lock-In Expiry - 14 Oct, 2024

Bajaj Housing Finance shares fell significantly on October 14, 2024, as the one-month lock-in period for 12.6 crore shares ended, leading to increased selling pressure. The stock dropped to an intraday low of Rs 141.65 before closing at Rs 141.95, reflecting a decline of around 6%. Investors are cautious ahead of another lock-in expiration on December 12, 2024.

Lock-in Period for Bajaj Housing Finance Shares Ends - 13 Oct, 2024

On October 14, a one-month lock-in period for shareholders of Bajaj Housing Finance Ltd will end, allowing 12.6 crore shares (2% of outstanding equity) to become eligible for trading. However, not all shares are expected to be sold in the open market.

Bajaj Housing Finance Shares Surge Amid Trading Activity - 08 Oct, 2024

On October 8, Bajaj Housing Finance shares experienced significant trading activity, surging 10% after a previous dip, with the lock-in period opening for 12.6 crore shares.

Bajaj Housing Finance Faces Significant Stock Decline - 07 Oct, 2024

Bajaj Housing Finance shares experienced a steep decline, dropping 10% after HSBC initiated coverage with a 'Reduce' rating and a target price of ₹110. The stock hit its lowest level since listing, reflecting broader market concerns and profit booking. Overall, the stock has lost significant market capitalization amid negative sentiment.

Bajaj Housing Finance Reports Growth Amidst Analyst Concerns - 04 Oct, 2024

Bajaj Housing Finance reported a 26% growth in AUM, surpassing Rs 1 lakh crore. However, HSBC initiated coverage with a reduce rating, citing potential downside risks. The stock closed at Rs 150.65 after profit booking.

Bajaj Housing Finance Reports Strong AUM Growth - 03 Oct, 2024

Bajaj Housing Finance Ltd. reported a 26% year-on-year increase in assets under management, surpassing Rs 1 lakh crore, reaching Rs 1.02 lakh crore by September 2024. Loan assets also grew by 26.6% compared to the previous year.

Bajaj Housing Finance IPO Signals Strong Market Position - 02 Oct, 2024

Bajaj Housing Finance's recent IPO indicates robust growth potential, with a diverse loan portfolio and high average loan ticket size. However, caution is advised regarding loan quality assessment.

Bajaj Housing Finance Lists Amid Strong IPO Demand - 30 Sep, 2024

Bajaj Housing Finance successfully listed on September 16, 2024, after raising Rs 6,560 crore through its IPO, which received unprecedented interest from investors, including major foreign funds.

Bajaj Housing Finance Reports Earnings Amid IPO Rejections - 25 Sep, 2024

Bajaj Housing Finance faced significant IPO rejections, with 1.4 million applications turned down. However, the company reported a 19% increase in Q1FY25 profit.

Bajaj Housing Finance Surges Post IPO Debut - 22 Sep, 2024

Bajaj Housing Finance Limited shares soared 114% on debut, closing 136% higher. The stock climbed another 10% to Rs 181.48, driven by strong revenue growth and a Buy rating from PhillipCapital with a target of Rs 210.