Bajaj Housing Finance shares kicked off their first day on the stock market at Rs 150 each, way higher than their initial price of Rs 70. This strong start pushed the company’s value over Rs 1 lakh crore.
Last week, people showed huge interest in buying these shares, placing orders worth Rs 3.23 lakh crore. Experts say the company is doing well and could bring more profits to those who bought shares.
The money from these shares will help the company grow stronger. Bajaj Housing Finance, which began in 2015, helps people get loans to buy and fix up homes and buildings. It’s known as a major finance company by the RBI.
