Bajaj Housing stock jumps – Rs 115 or Rs 150? Bajaj Housing shares up 6% in 2 days; what analysts say
Shares of Bajaj Housing Ltd continued to rise on Wednesday for the second consecutive trading session. The stock rose 3.36 per cent to close at Rs 121.60. At this price, it has moved up 5.87 per cent in two days. The counter logged heavy trading volume on BSE today as around 27.39 lakh shares changed hands. The figure was higher than the two-week average volume of 4.83 lakh crore. Turnover on the counter came at Rs 33.65 crore, commanding a market capitalisation of 1,01,270.26 crore.
On the technical setup, support for Bajaj Housing’s stock could be seen in the 118-155 range. That said, a few analysts suggested that a decisive close above Rs 125 can trigger a further upside of up to Rs 152 level.
Jigar S Patel, Senior Manager -…
