Synopsis

Bajaj Housing Finance shares rose sharply on Friday after the company reported a 24% year-on-year rise in assets under management (AUM) to Rs 1.5 lakh crore for Q1FY27. Gross disbursements also surged to Rs 19,500 crore, reflecting strong business momentum and sustained demand in the housing finance segment.

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Bajaj Housing Finance shares surged after the company reported a 24% YoY jump in Q1 AUM and strong loan disbursement growth.

Bajaj Housing Finance shares gained 4.5% to Rs 92.65 during Friday's trading session after the company reported robust business updates for the June 2026 quarter, driven by strong growth in assets under management (AUM) and healthy loan disbursements.

The company reported gross disbursements of approximately Rs 19,500 crore in Q1FY27, marking a sharp increase from Rs 14,651 crore in the corresponding quarter last year. Sequentially, disbursements also improved from Rs 17,506 crore reported in Q4 FY26.

Assets under management (AUM) rose 24% year-on-year to approximately Rs 1,49,610 crore as of June 30, 2026, compared with Rs 1,20,420 crore a year earlier. On a sequential basis, AUM expanded by around Rs 8,904 crore during the quarter.

The company's loan assets (AR) also witnessed healthy growth, increasing to approximately Rs 1,31,150 crore as of June 30, 2026, from Rs 1,05,954 crore in the same period last year, reflecting sustained demand for housing finance.
Stock price trend and technical outlookBajaj Housing Finance has remained in an uptrend, with the stock advancing nearly 15% over the past three months. It currently commands a market capitalisation of Rs 73,866 crore, while its 52-week high stands at Rs 124.

From a valuation perspective, Bajaj Housing Finance trades at a P/E multiple of 28.85, with a price-to-sales ratio of 5.46 and a price-to-book ratio of 3.28, reflecting its current market valuation relative to its financial performance and net worth.

From a technical perspective, the stock continues to display positive momentum. Its 14-day Relative Strength Index (RSI) stands at 60.8, indicating strengthening buying interest while remaining below the overbought zone of 70. Additionally, the stock is trading above seven of its eight key simple moving averages (SMAs), reinforcing the prevailing bullish trend.

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The shareholding pattern showed mixed trends during the March 2026 quarter. Foreign Institutional Investors (FIIs) marginally raised their stake in Bajaj Housing Finance to 0.99%, up from 0.94% in the previous quarter, signalling continued institutional interest. In contrast, mutual funds trimmed their holding to 0.35% from 0.63%, indicating some profit booking. Meanwhile, promoter ownership remained unchanged at a robust 86.70%, reflecting sustained confidence from the company's promoters.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

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