BAJAJHLDNG - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 2.9
| Stock Code | BAJAJHLDNG | Market Cap | 1,14,261 Cr. | Current Price | 10,267 ₹ | High / Low | 14,873 ₹ |
| Stock P/E | 42.5 | Book Value | 2,044 ₹ | Dividend Yield | 0.91 % | ROCE | 7.24 % |
| ROE | 6.64 % | Face Value | 10.0 ₹ | DMA 50 | 10,203 ₹ | DMA 200 | 11,170 ₹ |
| Chg in FII Hold | -0.64 % | Chg in DII Hold | 0.77 % | PAT Qtr | 181 Cr. | PAT Prev Qtr | 2,181 Cr. |
| RSI | 55.4 | MACD | 113 | Volume | 29,776 | Avg Vol 1Wk | 35,882 |
| Low price | 8,588 ₹ | High price | 14,873 ₹ | PEG Ratio | -5.29 | Debt to equity | 0.00 |
| 52w Index | 26.7 % | Qtr Profit Var | 115 % | EPS | 403 ₹ | Industry PE | 17.5 |
📉 BAJAJHLDNG is trading at ₹10,267, slightly above its 50 DMA (₹10,203) but below the 200 DMA (₹11,170), showing weak medium-term alignment. RSI at 55.4 indicates neutral momentum, while MACD at 113 suggests mild bullish divergence. Bollinger Bands show price stabilizing near the mid-range. Current volume (29,776) is below the 1-week average (35,882), reflecting weak participation.
🔑 Short-term momentum signals: Support lies near ₹10,200–₹10,250 (DMA zone), resistance around ₹10,600–₹10,700. Entry zone is closer to ₹10,200–₹10,250 if support holds. Exit zone should be considered near ₹10,600–₹10,700. The stock is in a consolidation phase with weak bias.
✅ Positive
- Debt-free balance sheet ensures financial stability.
- EPS of ₹403 provides strong earnings base.
- Dividend yield of 0.91% adds shareholder value.
- DII holdings increased (+0.77%), showing domestic support.
⚠️ Limitation
- P/E of 42.5 vs industry average of 17.5 indicates steep overvaluation.
- ROCE (7.24%) and ROE (6.64%) are modest compared to peers.
- PEG ratio of -5.29 highlights poor growth prospects.
- Volume below average limits conviction in momentum signals.
📉 Company Negative News
- Quarterly PAT dropped sharply (₹181 Cr vs ₹2,181 Cr).
- FII holdings decreased (-0.64%), showing foreign investor caution.
- Weak 52-week performance (26.7% index level).
📊 Company Positive News
- Quarterly profit turnaround (+115% variation from prior base).
- Domestic institutional inflows support sentiment.
🏭 Industry
- Industry P/E at 17.5 highlights sector trading at much lower multiples.
- Holding company valuations remain cyclical and dependent on group performance.
📝 Conclusion
BAJAJHLDNG shows weak technical momentum with price below the 200 DMA and modest efficiency ratios. Fundamentals are stable but valuations are stretched and earnings volatile. Entry near ₹10,200–₹10,250 offers cautious opportunity, with exit near ₹10,600–₹10,700. Strict stop-loss discipline is essential given consolidation and overvaluation risks.
Would you like me to extend this into a group-level benchmarking overlay comparing BAJAJHLDNG against Bajaj Auto, Bajaj Finance, and Bajaj Finserv to highlight relative strength and valuation within the Bajaj ecosystem?