Today, Bajaj Housing Finance‘s stock declined by over 1% from its previous day’s close. The stock opened at ₹165.75 and attempted to gain upward momentum, reaching an intraday high of ₹166.75, but it couldn’t sustain and fell from this level.
Since its listing, Bajaj Housing Finance has delivered exceptional returns. However, investors who received shares during the IPO are now seeing profit-taking, leading to the stock experiencing selling pressure for the past three days.
Despite this, brokerage firms have issued a buy signal for BHFL stock, indicating that it may witness a strong upward movement in the coming days after a period of correction.
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