Bajaj Housing Finance Ltd

(BAJAJHFL)

Bajaj Housing Finance Faces Correction but Potential Reversal - 12 Nov, 2024

Bajaj Housing shares are down 1.24% at Rs 131.30, having corrected about 30% from their peak of Rs 188.45. Analysts suggest a potential reversal, advising holders to maintain positions with a stop loss at Rs 125.

Bajaj Housing Finance Reports Strong Q2 Earnings Growth - 22 Oct, 2024

Bajaj Housing Finance reported a 21% YoY increase in net profit to Rs 546 crore for Q2, with revenue growing 26%. Despite slight increases in NPAs, the stock surged 4% on positive earnings. Analysts provided mixed outlooks, citing concerns over interest spreads and future growth potential.

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.