On 15th April 2025, shares of Bajaj Housing Finance saw a strong rise of around 4%, trading at ₹124.10 around 1 PM. The stock opened at ₹121 in the morning, touched a high of ₹125.80, and the day’s low was ₹120.70. The previous day’s closing price was ₹119.38.
Why Did the Stock Jump Today?
The main reason for this price rise is the end of the one-year lock-in period. Today, 529.1 crore shares, which is around 64% of the company’s total shares, became eligible for trading. This means these shares can now be bought or sold in the stock market.
But this does not mean all these shares will be sold at once. Many of these shares are still with the promoters and group companies, who usually do not sell quickly. As of December 2024, the promoters held 88.75% of the company’s shares.
Strong Business Performance
Along with the lock-in expiry, the company also gave positive updates on its business. Here are some highlights:
- Assets Under Management (AUM) rose by 26% to ₹1.14 lakh crore as of 31st March 2025.
- Loan assets grew to ₹99,500 crore from ₹79,301 crore last year.
- Gross disbursements (new loans given) increased by 25% to ₹14,250 crore in the March quarter.
- In the last quarter (Q3), the company’s net profit rose by 25% to ₹548 crore.
- Total income increased from ₹1,919 crore to ₹2,407 crore.
These numbers show the company is growing well and handling business in a strong way.
Stock History and Current Position
- The IPO issue price was ₹70, and today the stock is trading around ₹124 – a 70% gain from the issue price.
- However, the stock was listed at ₹150 when it started trading, so it is still below its listing price by nearly 17%.
- The stock had once touched a high of ₹188, but it has fallen from that point.
What Do Experts Say?
As per expert opinions:
- Some analysts are advising to sell the stock.
- A few are recommending to hold.
- Some believe it’s a good time to buy, especially considering the company’s good performance.
But before taking any step, it’s better to study the stock carefully and talk to your financial advisor.