Bajaj Housing Finance IPO Opens Tomorrow; GMP Signals 73% Upside

Bajaj Housing Finance IPO Opens Tomorrow; GMP Signals 73% Upside

Bajaj Housing Finance is set to launch its initial public offering (IPO) on Monday, September 9. Ahead of the public issue, the grey market premium (GMP) for the company’s shares stands at Rs 51-52, indicating a potential upside of 73% above the issue price. The price band for the IPO has been fixed at Rs … Read more

stocks to buy | REC | PFC: Next 5 years may belong to REC & PFC; housing a 25-50-year story: Deven Choksey

stocks to buy | REC | PFC: Next 5 years may belong to REC & PFC; housing a 25-50-year story: Deven Choksey

Deven Choksey, MD, DRChoksey FinServ Pvt. Ltd., says the growth that we are seeing in the economy could result in the growth of the first beneficiary sector which will be housing for sure. Now, whether one should buy one or one should look at everything in this space, I would say that there is enough … Read more

Equitas SFB: If rates stabilise, our NIMs should be fairly comfortable going forward: PN Vasudevan, Equitas SFB

Equitas SFB: If rates stabilise, our NIMs should be fairly comfortable going forward: PN Vasudevan, Equitas SFB

PN Vasudevan, MD & CEO, Equitas Small Finance Bank, says “NPA has moved up from 2.21% to 2.39% in the third quarter. By and large, NPA is fairly under control and the third quarter typically for us is a seasonally weak quarter from collections because in most of South India, we get the heaviest rains … Read more