⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.
BAJAJ-AUTO - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.0
| Stock Code | BAJAJ-AUTO | Market Cap | 2,65,267 Cr. | Current Price | 9,491 ₹ | High / Low | 9,888 ₹ |
| Stock P/E | 28.9 | Book Value | 1,100 ₹ | Dividend Yield | 2.24 % | ROCE | 37.6 % |
| ROE | 28.5 % | Face Value | 10.0 ₹ | DMA 50 | 9,281 ₹ | DMA 200 | 8,928 ₹ |
| Chg in FII Hold | -0.82 % | Chg in DII Hold | 1.29 % | PAT Qtr | 2,549 Cr. | PAT Prev Qtr | 2,480 Cr. |
| RSI | 54.6 | MACD | 65.5 | Volume | 5,47,355 | Avg Vol 1Wk | 3,80,651 |
| Low price | 7,088 ₹ | High price | 9,888 ₹ | PEG Ratio | 1.49 | Debt to equity | 0.00 |
| 52w Index | 85.8 % | Qtr Profit Var | 20.9 % | EPS | 327 ₹ | Industry PE | 27.2 |
📈 Technical Analysis
- Chart Patterns: Price is above both 50 DMA (9,281 ₹) and 200 DMA (8,928 ₹), showing strength.
- Moving Averages: Current price (9,491 ₹) is comfortably above DMAs, indicating bullish bias.
- RSI: At 54.6, neutral to slightly strong, suggesting steady momentum.
- MACD: Positive (65.5), confirming bullish momentum.
- Bollinger Bands: Price is near upper band, showing strong buying interest.
- Volume Trends: Current volume (5,47,355) is above 1-week average (3,80,651), indicating strong participation.
📊 Momentum & Trend
- Short-term Momentum: Bullish with RSI stable and MACD positive.
- Support Zone: 9,400 ₹ – 9,450 ₹ (near current levels).
- Resistance Zone: 9,800 ₹ – 9,850 ₹ (recent highs).
- Trend: Trending upward with bullish bias.
- Optimal Entry: Around 9,400 ₹ – 9,450 ₹ if support holds.
- Optimal Exit: Around 9,800 ₹ – 9,850 ₹ unless breakout continues.
✅ Positive
- Strong ROCE (37.6%) and ROE (28.5%), showing excellent efficiency.
- Debt-free company (Debt-to-equity 0.00).
- Dividend yield of 2.24% provides investor returns.
- Quarterly PAT growth (2,549 Cr vs 2,480 Cr), showing earnings momentum.
⚠️ Limitation
- P/E (28.9) is slightly higher than industry average (27.2), suggesting valuation premium.
- Book value (1,100 ₹) is much lower than current price, indicating stretched valuations.
- FII holding decreased (-0.82%), showing reduced foreign investor confidence.
📉 Company Negative News
- FII holding decreased (-0.82%), showing weaker foreign sentiment.
📈 Company Positive News
- DII holding increased (+1.29%), showing strong domestic institutional support.
- Quarterly profit growth of 20.9% indicates operational improvement.
🏭 Industry
- Industry PE at 27.2, slightly lower than company PE, suggesting valuation premium.
- Sector outlook remains strong with consistent demand in auto industry.
🔎 Conclusion
- Stock is trending upward with bullish signals and strong fundamentals.
- Entry near support (9,400 ₹ – 9,450 ₹) could be favorable for short-term traders.
- Exit near resistance (9,800 ₹ – 9,850 ₹) unless breakout confirms further upside.
- Long-term investors may benefit from strong profitability and dividend yield, but should monitor valuation risks.