Bajaj Housing Finance Shares Extend Decline, Down 47% from Record High
Bajaj Housing Finance shares declined 1.02% to ₹94.91 on Thursday, marking the third consecutive session of losses. The stock has corrected sharply from its record high of ₹180.00, representing a decline of nearly 47% from peak levels. Despite the correction, shares still trade above the IPO price of ₹70.00, though significantly below the strong debut price of ₹150.00.

*this image is generated using AI for illustrative purposes only.
Bajaj Housing Finance shares extended their losing streak on Thursday, January 8, closing lower for the third consecutive trading session. The stock, a subsidiary of Bajaj Finance, declined 1.02% to close at ₹94.91 on the NSE, continuing its recent downward momentum.
Stock Performance Overview
The housing finance company's shares have experienced a dramatic journey since their market debut. The stock initially made a strong entrance, opening at ₹150.00 against an IPO price of ₹70.00, representing a significant premium for early investors.
| Performance Metric: | Price (₹) | Details |
|---|---|---|
| IPO Price: | 70.00 | Initial public offering price |
| Market Debut: | 150.00 | Opening price on listing |
| Record High: | 180.00 | Peak price achieved |
| Current Price: | 94.91 | Latest closing price |
| Decline from Peak: | 47% | Total correction |
Recent Market Movement
After reaching its record high of ₹180.00, Bajaj Housing Finance shares have undergone a sharp correction. The current market price of ₹94.91 represents a decline of nearly 47% from the stock's peak performance levels.
The consecutive sessions of losses indicate sustained selling pressure on the stock. Thursday's 1.02% decline added to the recent weakness, with investors continuing to book profits or exit positions.
Current Market Position
At the prevailing market price, the stock is trading significantly below both its record high and its strong debut levels. The correction has brought the shares closer to their original IPO pricing, though they still maintain a premium over the initial offering price of ₹70.00.
The housing finance subsidiary's performance reflects the broader market dynamics and sector-specific factors affecting financial services companies. The stock's journey from a strong debut to the current correction phase highlights the volatility often seen in newly listed securities.
Historical Stock Returns for Bajaj Finance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.88% | -3.97% | -6.45% | +1.12% | +30.70% | +90.83% |















































