Articles for tag: Adani, Bajaj, Boosts, Cap, Competition, Debut, Fierce, Finances, Gap, Group, Groups, Housing, Market, Narrowing, Stellar, Valuation

September 17, 2024

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 ...

September 4, 2024

Market News

Business

Adani Enterprises Makes Bold Retail Bond Debut Amid Controversy

Adani Enterprises has successfully launched its first retail bond, fully subscribed on its debut day. This move marks a significant return to the capital markets for the Indian conglomerate, which faced scrutiny following allegations by Hindenburg Research that impacted its share prices. The company aims to raise up to Rs 800 crore ($95.32 million) through ...