BAJAJHFL - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.6
| Stock Code | BAJAJHFL | Market Cap | 69,233 Cr. | Current Price | 83.1 ₹ | High / Low | 137 ₹ |
| Stock P/E | 27.8 | Book Value | 25.4 ₹ | Dividend Yield | 0.00 % | ROCE | 9.55 % |
| ROE | 13.5 % | Face Value | 10.0 ₹ | DMA 50 | 88.7 ₹ | DMA 200 | 103 ₹ |
| Chg in FII Hold | 0.03 % | Chg in DII Hold | 0.85 % | PAT Qtr | 675 Cr. | PAT Prev Qtr | 643 Cr. |
| RSI | 36.9 | MACD | -2.09 | Volume | 85,55,099 | Avg Vol 1Wk | 68,74,780 |
| Low price | 79.8 ₹ | High price | 137 ₹ | PEG Ratio | 0.62 | Debt to equity | 4.44 |
| 52w Index | 5.77 % | Qtr Profit Var | 23.2 % | EPS | 2.97 ₹ | Industry PE | 14.1 |
📈 Chart & Trend Analysis: BAJAJHFL is trading below both its 50 DMA (88.7 ₹) and 200 DMA (103 ₹), with the current price at 83.1 ₹. This indicates bearish bias and short-term weakness.
📊 Momentum Indicators: RSI at 36.9 shows weak momentum, nearing oversold territory. MACD at -2.09 confirms bearish crossover, signaling continued short-term weakness.
📉 Bollinger Bands & Volume: Price is near the lower band, suggesting potential support but also weakness. Current volume (85,55,099) is above weekly average (68,74,780), showing strong participation despite bearish signals.
🔑 Support & Resistance Zones:
- Support: 79.8 ₹ (recent low), 75 ₹ (psychological support)
- Resistance: 88.7 ₹ (50 DMA), 103 ₹ (200 DMA), 110–120 ₹ (trendline resistance)
Optimal Entry: 80–83 ₹ (near support)
Optimal Exit: 88–103 ₹ (resistance zone)
📌 Trend Status: The stock is consolidating with bearish bias, showing weak momentum and trading below key moving averages.
Positive
- ROE (13.5%) and ROCE (9.55%) show moderate capital efficiency.
- DII holding increased (+0.85%), reflecting domestic institutional support.
- Quarterly PAT improved to 675 Cr. from 643 Cr., showing earnings growth.
- PEG ratio of 0.62 suggests fair valuation relative to growth.
Limitation
- High debt-to-equity ratio (4.44) indicates leveraged balance sheet.
- Weak RSI and negative MACD show lack of momentum.
- Stock trading below both 50 DMA and 200 DMA, reflecting short-term weakness.
- P/E (27.8) is significantly higher than industry average (14.1), suggesting stretched valuation.
Company Negative News
- FII holding decreased (-0.03%), showing reduced foreign investor confidence.
- Stock trading near 52-week low (5.77% of high), reflecting weak sentiment.
Company Positive News
- DII holding increased (+0.85%), showing strong domestic institutional support.
- Quarterly profit variation (+23.2%) indicates earnings momentum.
- EPS of 2.97 ₹ supports valuation strength.
Industry
- Industry PE at 14.1 is much lower than BAJAJHFL’s PE (27.8), suggesting premium valuation compared to peers.
- NBFC sector outlook remains favorable with rising retail credit demand, though leverage risks persist.
Conclusion
⚖️ BAJAJHFL is consolidating with bearish bias, trading below key moving averages with weak momentum signals. Fundamentals show moderate ROE/ROCE and earnings growth, but high leverage and stretched valuation limit upside. Traders may consider entry near 80–83 ₹ with exits around 88–103 ₹. Momentum confirmation is needed before aggressive positioning, as short-term signals remain weak despite improving profits.
Would you like me to extend this into a peer benchmarking overlay comparing BAJAJHFL against other NBFCs (valuation, ROE/ROCE, momentum) so you can see relative strength before deciding entry?