Wednesday 6 September 2017

Bajaj Finance Shares Soar To 52-week High After Good Response To Rs 4,500 Crore QIP

Bajaj Finance’s Rs 4,500 QIP (qualified institutional placement) of equity shares has received bids – 3.5 times of the total offer size. Shares of the Bajaj Finance advanced more than 3% on Wednesday to hit a 52-week high. Reportedly many long term investors have shown interest in the QIP of Bajaj Finance. Kotak Mahindra Capital, JM Financial, and Goldman Sachs are the book running managers for the offer. The stock of Bajaj Group’s financial services firm rose as much as 3.2% to a 52-week high of Rs 1,851.45 on NSE today. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774

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