BAJFINANCE - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.7
| Stock Code | BAJFINANCE | Market Cap | 5,99,381 Cr. | Current Price | 964 ₹ | High / Low | 1,102 ₹ |
| Stock P/E | 37.3 | Book Value | 150 ₹ | Dividend Yield | 0.46 % | ROCE | 11.5 % |
| ROE | 18.5 % | Face Value | 1.00 ₹ | DMA 50 | 970 ₹ | DMA 200 | 946 ₹ |
| Chg in FII Hold | -0.48 % | Chg in DII Hold | 0.47 % | PAT Qtr | 3,750 Cr. | PAT Prev Qtr | 4,251 Cr. |
| RSI | 52.9 | MACD | -13.0 | Volume | 1,83,40,137 | Avg Vol 1Wk | 1,12,52,411 |
| Low price | 802 ₹ | High price | 1,102 ₹ | PEG Ratio | 1.15 | Debt to equity | 3.18 |
| 52w Index | 53.7 % | Qtr Profit Var | 1.19 % | EPS | 27.2 ₹ | Industry PE | 18.9 |
📊 Analysis: BAJFINANCE shows moderate intraday potential. Current price (₹964) is close to 50 DMA (₹970) and above 200 DMA (₹946), suggesting consolidation with mild bullish bias. RSI at 52.9 indicates neutral momentum, while MACD (-13.0) reflects weak bearish divergence. Volume (1,83,40,137) is higher than average weekly volume (1,12,52,411), showing strong trader participation despite recent profit decline.
💹 Optimal Buy Price: ₹960 – ₹970 (near support zone).
🎯 Profit-Taking Levels: ₹985 – ₹1,010 (short-term resistance).
🛡️ Stop-Loss: ₹945 (below intraday support).
⏱️ Exit Strategy if Already Holding: Exit if price fails to sustain above ₹960 with weakening momentum or if RSI dips below 50 intraday. If volume strengthens with upward price action, partial profit booking near ₹995 is advisable.
Positive
- Strong ROE (18.5%) indicates efficient shareholder returns.
- EPS of ₹27.2 supports earnings stability.
- Trading above 200 DMA, showing medium-term bullish bias.
- High trading volume signals strong intraday interest.
Limitation
- ROCE (11.5%) is modest compared to peers.
- Debt-to-equity ratio of 3.18 reflects high leverage.
- Stock P/E (37.3) is significantly higher than industry average (18.9), making valuation expensive.
- MACD negative, showing weak momentum despite volume strength.
Company Negative News
- FII holdings declined (-0.48%), showing reduced foreign investor confidence.
- Quarterly PAT dropped (₹3,750 Cr vs ₹4,251 Cr), reflecting earnings pressure.
Company Positive News
- DII holdings increased (+0.47%), showing domestic institutional support.
- Quarterly profit variation positive (1.19%), indicating slight improvement over prior year.
Industry
- Industry P/E at 18.9 indicates sector stability, though BAJFINANCE trades at a premium.
- NBFC sector remains strong with steady demand, supporting intraday opportunities.
Conclusion
⚖️ BAJFINANCE is a moderately good candidate for intraday trading today. Strong fundamentals and volume support short-term moves, but high leverage, expensive valuation, and weak MACD limit upside momentum. Best strategy is cautious entry near ₹965 with tight stop-loss and profit booking around ₹995.