Bajaj Finance rallies 5% after NBFC floats subsidiary’s IPO plans to raise ₹3,000 crore; Should you buy or sell?

Bajaj Finance rallies 5% after NBFC floats subsidiary's IPO plans to raise ₹3,000 crore; Should you buy or sell?

“This is to inform you that the Board of Directors of the company at its meeting held today. i.e. 6 June 2024 has approved an initial public offering of equity shares of ₹10 each of the company (‘equity shares’),” said Bajaj Finance in a statement on Thursday. The IPO would be subject to market conditions, … Read more