BAJAJFINSV - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 2.8
| Stock Code | BAJAJFINSV | Market Cap | 2,79,648 Cr. | Current Price | 1,747 ₹ | High / Low | 2,195 ₹ |
| Stock P/E | 195 | Book Value | 63.6 ₹ | Dividend Yield | 0.06 % | ROCE | 19.2 % |
| ROE | 15.4 % | Face Value | 1.00 ₹ | DMA 50 | 1,826 ₹ | DMA 200 | 1,925 ₹ |
| Chg in FII Hold | -0.83 % | Chg in DII Hold | 1.02 % | PAT Qtr | 16.0 Cr. | PAT Prev Qtr | 0.62 Cr. |
| RSI | 42.9 | MACD | -7.58 | Volume | 27,22,860 | Avg Vol 1Wk | 20,65,058 |
| Low price | 1,597 ₹ | High price | 2,195 ₹ | PEG Ratio | 7.80 | Debt to equity | 0.00 |
| 52w Index | 25.1 % | Qtr Profit Var | 111 % | EPS | 8.95 ₹ | Industry PE | 17.5 |
📉 BAJAJFINSV is trading at ₹1,747, below both its 50 DMA (₹1,826) and 200 DMA (₹1,925), signaling weakness. RSI at 42.9 indicates bearish momentum, while MACD at -7.58 confirms negative divergence. Bollinger Bands suggest price consolidating near the lower band. Current volume (27,22,860) is above the 1-week average (20,65,058), showing active participation despite weakness.
🔑 Short-term momentum signals: Support lies near ₹1,600–₹1,620, resistance around ₹1,820–₹1,850. Entry zone is closer to ₹1,620–₹1,650 if support holds. Exit zone should be considered near ₹1,820–₹1,850. The stock is in a consolidation phase with bearish bias.
✅ Positive
- Debt-free balance sheet ensures financial stability.
- Quarterly PAT improved significantly (₹16 Cr vs ₹0.62 Cr).
- ROCE (19.2%) and ROE (15.4%) show moderate efficiency.
- DII holdings increased (+1.02%), showing domestic investor confidence.
⚠️ Limitation
- Extremely high P/E (195) vs industry average (17.5) indicates severe overvaluation.
- PEG ratio of 7.80 highlights expensive growth prospects.
- RSI below 50 and negative MACD confirm weak momentum.
- Price trading below both 50 DMA and 200 DMA caps upside potential.
📉 Company Negative News
- FII holdings decreased (-0.83%), showing foreign investor caution.
- Weak 52-week performance (25.1% index level).
📊 Company Positive News
- Quarterly profit turnaround (+111% growth).
- Domestic institutional inflows support sentiment.
🏭 Industry
- Industry P/E at 17.5 highlights sector trading at much lower multiples.
- NBFC sector remains resilient but faces valuation and margin pressures.
📝 Conclusion
BAJAJFINSV shows weak technical momentum with price below key moving averages and bearish indicators. Fundamentals are stable but valuations are extremely stretched. Entry near ₹1,620–₹1,650 offers cautious opportunity, with exit near ₹1,820–₹1,850. Strict stop-loss discipline is essential given consolidation and overvaluation risks.
Would you like me to extend this into a peer benchmarking overlay comparing BAJAJFINSV against Bajaj Finance and other NBFC peers for relative strength and valuation?