IPO & listingBusiness Today
Bajaj Finance shares close 3% higher amid Rs 11,700-crore QIP issue
Positive+2610 sources
GreyOak summary
Bajaj Finance opened a Qualified Institutional Placement (QIP) to raise Rs 11,700 crore, setting a floor price of Rs 992.25 per share. The issue follows shareholder approval and may offer a discount of up to 5%. Shares closed 3.32% higher at Rs 1,110.70 on Thursday.
What it affects
- Bajaj FinanceBAJFINANCEPositive +26
Opened QIP to raise Rs 11,700 crore.Rolling sentiment Positive +29
Source
Read the original at Business TodayMore Bajaj Finance news
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