Bajaj Housing Finance shares surged 5% as its one-year shareholder lock-in period ended, unlocking 5,291 million shares—64% of total equity. While the stock has gained 70% from its IPO price of Rs 70, it still trades 17% below its listing price. Analysts remain cautious, with a Rs 108 target, implying a 13% downside from current levels.
Wakefit IPO: Check GMP, price band, review, subscription and other details
Wakefit Innovations, known for its mattresses, is launching its IPO with a positive grey market outlook. The company is raising over Rs 1,200 crore. Despite