On December 2, 2025, Bajaj Housing Finance (BHF) shares fell over 9% to ₹95, hitting a 52-week low, after a massive block deal involving nearly 22 crore shares.
What Happened
21.77 crore shares changed hands at an average price of ₹95.39.
Deal value: approx. ₹2,077 crore.
Market Cap dropped from ₹87,148 crore (Dec 1) to ₹80,224 crore, erasing ~₹7,000 crore in value.
Who Likely Sold
Promoter Bajaj Finance, which held 88.7% stake, is expected to be one of the sellers.
They previously announced their plan to sell up to 2% stake (16.66 crore shares) to meet minimum public shareholding norms for newly listed companies.
Why the Stock Fell
Large block deals—especially from promoters—tend to:
Create oversupply, pushing prices down.
Signal to the market that the promoter is reducing stake (even if mandatory).
Trigger short-term negative sentiment and speculative selling.
Since BHF listed with strong momentum in September 2024, this sharp drop to ₹95 is notable.
What It Means Going Forward
The stake sale is regulatory, not operational—so fundamentals unchanged.
Price pressure may continue short-term due to supply overhang.
Long-term movement depends on:
Home loan demand trends
Rate cycle
Bajaj group’s financial performance.
