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Bajaj Housing Finance shares surge 6%; Here is why April 15 is key for the stock

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
Although shares of Bajaj Housing Finance continue to trade well above their IPO price of ₹70, they are still 34% below their post-listing high of ₹188, despite the recent recovery.
The article from CNBC TV18 discusses the significant surge in Bajaj Housing Finance's share price, which has seen a 15% increase since its listing. This performance has been driven by strong investor interest, particularly from Foreign Institutional Investors (FIIs), who have been actively buying the stock. Rajeev Jain, a prominent figure in the investment community, has expressed optimism about the company's future, highlighting its robust business model and growth potential. The shares hit a key post-IPO high, reflecting positive market sentiment. The article also notes that Bajaj Housing Finance is well-positioned to capitalize on the growing demand for housing finance in India, supported by favorable economic conditions and government policies promoting housing for all.

Read the Full CNBCTV18 Article at:
[ https://www.cnbctv18.com/market/bajaj-housing-finance-share-price-surge-rajeev-jain-future-april-15-key-post-ipo-high-19575684.htm ]