BAJFINANCE - IntraDay Trade Analysis with Live Signals
Back to ListHere’s the intraday trading report for BAJFINANCE based on the given parameters
IntraDay Trade Rating: 3.8
| Stock Code | BAJFINANCE | Market Cap | 5,97,163 Cr. | Current Price | 959 ₹ | High / Low | 1,102 ₹ |
| Stock P/E | 35.2 | Book Value | 166 ₹ | Dividend Yield | 0.56 % | ROCE | 11.1 % |
| ROE | 17.7 % | Face Value | 1.00 ₹ | DMA 50 | 917 ₹ | DMA 200 | 931 ₹ |
| Chg in FII Hold | -0.16 % | Chg in DII Hold | 0.24 % | PAT Qtr | 4,840 Cr. | PAT Prev Qtr | 3,750 Cr. |
| RSI | 62.3 | MACD | 7.48 | Volume | 61,20,585 | Avg Vol 1Wk | 94,50,243 |
| Low price | 788 ₹ | High price | 1,102 ₹ | PEG Ratio | 1.95 | Debt to equity | 3.13 |
| 52w Index | 54.3 % | Qtr Profit Var | 22.8 % | EPS | 28.6 ₹ | Industry PE | 22.4 |
📊 Analysis: BAJFINANCE is trading above both its 50 DMA (₹917) and 200 DMA (₹931), showing short-term strength. RSI at 62.3 indicates bullish momentum but nearing overbought territory, while MACD at 7.48 reflects mild positive divergence. Intraday volume (61.2 Lakh) is below the weekly average (94.5 Lakh), suggesting weaker participation. Fundamentals remain strong with EPS of ₹28.6, ROE at 17.7%, and PAT growth (+22.8%), though leverage is high with debt-to-equity at 3.13.
💹 Optimal Buy Price: ₹950 – ₹965 (near DMA support)
🎯 Profit Exit Levels: ₹980 – ₹995 (short-term resistance zone)
🛑 Stop-Loss: ₹940 (below DMA cluster)
⏳ Exit Strategy if Holding: Exit intraday if RSI falls below 60 with rising sell volume or if price breaks under ₹940 with strong bearish candles. On the upside, partial profit booking is advised near ₹980–₹995 if momentum stalls.
✅ Positive
- Strong ROE (17.7%) and ROCE (11.1%) highlight efficiency.
- PAT improved to ₹4,840 Cr. from ₹3,750 Cr. (+22.8%).
- DII holdings increased (+0.24%), reflecting domestic investor confidence.
- PEG ratio at 1.95 suggests fair valuation relative to growth.
⚠️ Limitation
- High debt-to-equity ratio (3.13) typical of NBFCs, but adds leverage risk.
- Intraday volume below average, limiting momentum strength.
- FII holdings decreased (-0.16%), showing foreign investor caution.
📉 Company Negative News
- Stock trading near upper range (₹1,102), risk of resistance pressure.
- High leverage may limit flexibility in volatile markets.
📈 Company Positive News
- Quarterly profit growth (+22.8%) highlights strong operational performance.
- EPS at ₹28.6 supports earnings quality.
🏭 Industry
- Industry PE at 22.4, lower than BAJFINANCE’s P/E (35.2), suggesting premium valuation.
- NBFC sector remains growth-oriented, supported by rising credit demand.
🔎 Conclusion
BAJFINANCE is a good intraday candidate today. Entry near ₹950–₹965 offers upside potential toward ₹980–₹995. Strong fundamentals and bullish RSI support momentum trades, but weaker volume and high leverage require strict stop-loss discipline.
Would you like me to extend this into a sector overlay comparing BAJFINANCE with peers like HDFC Ltd, Muthoot Finance, and Shriram Finance for sharper benchmarking?