The Bajaj Housing Finance share price faced sharp selling pressure in today’s market, slipping over 9% in early trade. The drop came right after a major stake sale surfaced through a large block deal, turning the spotlight back on the stock and its ownership structure.
For a company with steady visibility in the financial services space, the sudden dip created a noticeable buzz across the Indian stock market.
Market Performance: Bajaj Housing Finance Share Price Today
Trading opened on a weak note as the Bajaj Housing Finance share price today fell to ₹95.26. The decline followed a massive transaction where 19.5 crore shares were exchanged at ₹97 per share.
The deal represented 2.35% of the company’s equity, valued at ₹1,890 crore — a volume large enough to move sentiment quickly.
The reaction was immediate, with the stock sliding more than 9% as investors tried to digest the development.
Main News: Promoter Plans Stake Sale to Meet MPS Norms
The selling pressure stemmed from an exchange filing that confirmed a planned stake offloading by the promoter, Bajaj Finance.
The filing stated that up to 2% of the promoter’s stake would be sold to help the company meet the minimum public shareholding (MPS) requirement.
The disclosure highlighted that the promoter held:
- 7,39,10,03,845 equity shares
- Representing 88.70% of total paid-up capital
This high promoter holding made the MPS compliance move a necessary step.
The company noted that the promoter formally communicated its intention to proceed with the sale, which eventually materialised through the large block deal seen today.
Company Details: Stock Journey and Recent Performance
Bajaj Housing Finance made its market debut last year with an IPO price of ₹70 per share. The stock surged post-listing, climbing close to ₹190. However, it later retraced and has now corrected nearly 50% from that peak.
Today’s decline added more pressure, but the broader story goes beyond the stake sale. The company also released its Q2 results earlier, showcasing steady performance in key metrics.
Bajaj Housing Finance Q2 Results FY26 (As Per Filing)
- Profit After Tax (PAT): ₹642.96 crore
- Up from ₹545.60 crore in Q2 FY25
- Growth: 18% YoY
- Net Interest Income (NII): ₹956 crore
- Up from ₹713 crore last year
- Growth: 34% YoY
- Net Interest Margin (NIM):
- 4% in Q2 FY26
- Down from 4.1% in Q2 FY25
- Gross NPAs:
- 0.26%, down from 0.29% YoY
- Net NPAs:
- 0.12%, unchanged from last year
These numbers show a mix of expansion, margin movement and stable asset quality.
Summary
The Bajaj Housing Finance share price dropped sharply by over 9%, triggered by a major block deal involving 19.5 crore shares, almost 2.35% of total equity. The sale aligns with the promoter’s plan to reduce holding, currently at 88.70%, to meet minimum public shareholding norms.
Alongside the stake development, the company’s Q2 FY26 results showed an 18% rise in PAT, 34% improvement in NII, and steady asset quality, even though NIM compressed slightly.
The combination of the block deal and regulatory compliance requirements shaped the market reaction today.
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