- summary:
- The price of the housing shares is found in a list, with the positive market morale and the share of fuel saving to the upper side.
The housing price in Bajaj increased sharply in the second consecutive session, with the trading session closed on Wednesday by 129.75 rupees by 4.47 % in daily gains. The stock gained 12.5 % last month, and recently turned into a positive. This emphasizes the upscale control that is likely to provide support for gains in the short term.
The company started circulating publicly in mid -September 2024, and its current share price is +85 % higher than the public subscription price of 70 rupees. It is difficult to ignore this great gain in only seven months, especially given the Habudiya feelings in the stock markets in the last two quarters.
Bajaj Housing Finance (BAJAJHFL) reported a 26 % jump to 115,126 rupees in its assets under management for the quarter ending in March. In addition, the loan book grew to 99,500 rupees from 79,301 rupees in the corresponding quarter in 2024. These numbers provide a strong basis that would help him stay in the upscale path in the coming weeks.
Also, the price of the housing shares in Bajaj is driven by increasing the investor’s interest in his newly inspired shares. The shareholding period ended for one year this week, with 5,291 million shares (equivalent to 64 % of the shares) opened in the market. Fresh fluctuations can be pumped into stocks and help push it towards the high price of 188 rupees.
Bajaj housing price
The price of the Bajaj Bajaj 126 rupees is preferred to continue to continue. The stock is likely to fulfill the initial resistance at 130 rupees. However, the expanded control by buyers will collapse above this level, and you are likely to see the high price of the BAJHFL for the RS 133 test.
Instead, the momentum can turn to the negative side if the price decreases to less than 126 rupees. This first support that was created at 121 rupees will be witnessed. The bullish narration will be invalid if the price is less than this level. Also, the procedure will decrease the landing and the RS118 test if the sellers are controlling their control.
