Bajaj Housing Finance shares in focus as promoter plans 2% stake sale via block deal
[hfe_template id='11223']
[ad_1]
Shares of Bajaj Housing Finance are expected to be in the spotlight on Tuesday, December 2, following reports of a potential block deal in which the company’s promoter, Bajaj Finance, may sell a 2% stake. According to earlier ET Now reports, the offer floor price for the deal is likely to be set at Rs 95 per share, representing a 9% discount to the stock’s closing price of Rs 104.59 on the National Stock Exchange (NSE) in the previous session. The proposed block deal would involve approximately 16.6 crore equity shares. Bajaj Finance currently holds an 88.70% stake in Bajaj Housing Finance, amounting to over 739 crore equity shares. Bajaj Housing Finance has recently delivered strong financial results. For the quarter ended September 2025, the company posted a net profit of Rs 643 crore, up 18% from Rs 546 crore in the same quarter of the previous financial year. Revenue for the quarter stood at Rs 2,755 crore, up 14% from Rs 2,410 crore ...