Bajaj Housing Finance Stock Plunges 9% As Parent Bajaj Finance Offloads 2% Stake

Bajaj Housing Finance Stock Hits 52-Week Low Amid Block Deal

The stock price of Bajaj Housing Finance (BHF) has declined by as much as 9% to hit a 52-week low of Rs 94.90 per share amid a block deal by promoter Bajaj Finance.

The promoter's block deal, which is likely to offload up to 2.35% of the company's equity stake worth Rs 1,890 crore, has sent shockwaves in the market.

Background on the Block Deal

Bajaj Finance Limited, the promoter of BHF, had announced on Monday that it plans to sell up to 2% of the company's equity stake to comply with minimum public shareholding requirements.

"Bajaj Finance Limited, the promoter of the Company, has conveyed to us their intention to sell the Equity Shares to enable us to comply with the requirements of minimum public shareholding," according to an exchange filing.

Impact on BHF Stock

• The disinvestment process, which began today, is expected to be completed by February 28, 2026, or the actual date of completion of the sale of all equity shares.
• BHF shares are down 18% in 2025 so far, against a 15% rise in the BSE Financial Services index.
• The upper-layer non-banking finance corporation (NBFC) witnessed an exchange of shares worth Rs 2,075.87 apiece thus far.

Related Developments

Meanwhile, the share price of Bajaj Finserv was 0.45% lower at Rs 2072.10 per share.

"We, Bajaj Finance Limited, the promoter of the Company and on behalf of other Promoter Group, state that we shall not buy any shares in the open market on the dates on which the Equity Shares of the Company are being sold by Bajaj Finance Limited for the purpose of achieving minimum public shareholding requirements," as per an official company statement.

Recent Performance

In Q2, Bajaj Housing delivered a strong performance despite increasing competition, while recording solid Assets Under Management (AUM) and growth across products.