Bajaj Housing Finance shares up 10% after ending 136% higher on listing day, PhillipCapital sees another 27% upside potential
After ending its listing day 136% higher than the issue price of Rs 70 per share, Bajaj Housing Finance (BHFL) shares rallied another 10% today to Rs 181.48 on BSE. Post-listing, domestic brokerage firm PhillipCapital has also initiated coverage on the stock with a target price of Rs 210. PhillipCapital is the first brokerage to…
READ MOREHousing prices in Hyderabad surge 80% in 4 years, highest in India; Chennai most affordable, Mumbai least
Over the last four years, housing prices in India have risen sharply by 46 per cent, with cities like Hyderabad and Noida witnessing the highest increases at 78.6 per cent and 69 per cent, respectively. This significant surge in prices, particularly after the COVID-19 pandemic, has severely impacted housing affordability, creating financial challenges for potential…
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