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Bajaj Housing Finance IPO

Sold all of it. P.E is so much higher than the peers. Might fall very badly.
Yes Correct Valuation are on higher side and other company in the sector fell today.
The risk reward is not favourable as less chances of big returns from here on after a bumper listing.
 
Bajaj Housing

70 → 160 (+130%)

P/B ~ 6.8
Very expensive as compared to peers

Exiting can be a good strategy in euphoria

Agreed valuations look unsustainable.

But seeing the demand it will not go down tomorrow (very very less chances)😑😂

If you don't need money and you are not impatient then I have already given my suggestion.

Gems like this not come often in the Market!!😤😤

Now a days valuations are joke in Stock Market..😂😂
Better approach is to analyse Price-Action.😑😑

And remember we have FED meeting day after tomorrow, if rate cut is done then market will rally very sharp!! So impact will be also seen in this stock!!😁😆
 
Start exiting in staggered manner.. No one can catch the stock top unless you are lucky. So sell while it is in strength as when weakness will come exit will be difficult at higher levels.
Take cues from tata tech IPO and post listing.
 
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