With Bajaj Housing Finance stock’s blockbuster listing on 16 September, investors who either missed the IPO allotment or missed applying for the IPO altogether might be wondering if they should buy the shares now. Experts suggest cautious buying for long term growth, considering their individual risk-taking capacity.
Bajaj Housing Finance shares listed at Rs 150 on Monday, with 114 percent premium over IPO price of Rs 70. Soon after, the stock climbed further to hit the upper circuit at Rs 164.99. Bajaj Housing Finance market capitalisation stands at above Rs 1.37 lakh crore, per NSE data.
