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.
Is the smallcap rally a trap? Only 37% of stocks are outperforming their benchmark
India’s recent smallcap surge indicates that less stock is outpacing the benchmark index, revealing a narrowing group of successful stocks boosting overall returns. Conversely, largecap
August 25, 2026