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Market News

Bajaj Housing Finance’s stellar debut boosts Bajaj Group’s valuation, narrowing the market cap gap with Adani Group amid fierce competition.

Bajaj Housing Finance’s stellar debut boosts Bajaj Group’s valuation, narrowing the market cap gap with Adani Group amid fierce competition.

Bajaj Housing Finance Ltd (BHFL) made a remarkable Market debut, significantly boosting the Bajaj Group’s Market capitalization to Rs 13.6 trillion, up by 9.3% from the previous figure of Rs 12.1 trillion. BHFL’s Market cap soared to Rs 1.37 trillion, exceeding its IPO valuation of approximately Rs 58,300 crore. In contrast, the Adani Group’s Market ...

Market News

Bajaj Auto’s Rakesh Sharma discusses the surge in electric scooter sales, challenging startup rivals’ predictions about the demise of ICE vehicles.

Bajaj Auto’s Rakesh Sharma discusses the surge in electric scooter sales, challenging startup rivals’ predictions about the demise of ICE vehicles.

Bajaj Auto is experiencing a significant surge in electric scooter sales, driven by the launch of models priced below Rs 1 lakh and an expanded distribution network. Rakesh Sharma, the executive director, shared insights in an email interview about the company’s ambitious plans for the electric vehicle (EV) Market. He addressed concerns raised by competitors ...

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