BAJAJHLDNG - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.9
| Stock Code | BAJAJHLDNG | Market Cap | 1,17,462 Cr. | Current Price | 10,533 ₹ | High / Low | 14,873 ₹ |
| Stock P/E | 41.4 | Book Value | 2,454 ₹ | Dividend Yield | 1.37 % | ROCE | 12.8 % |
| ROE | 12.2 % | Face Value | 10.0 ₹ | DMA 50 | 10,327 ₹ | DMA 200 | 11,049 ₹ |
| Chg in FII Hold | -0.64 % | Chg in DII Hold | 0.77 % | PAT Qtr | 310 Cr. | PAT Prev Qtr | 181 Cr. |
| RSI | 56.3 | MACD | 110 | Volume | 32,334 | Avg Vol 1Wk | 46,923 |
| Low price | 8,588 ₹ | High price | 14,873 ₹ | PEG Ratio | 2.26 | Debt to equity | 0.00 |
| 52w Index | 31.0 % | Qtr Profit Var | 242 % | EPS | 423 ₹ | Industry PE | 17.4 |
- 📈 Chart Patterns: BAJAJHLDNG is trading at 10,533 ₹, consolidating after testing highs of 14,873 ₹. Support lies around 10,300–10,400 ₹, resistance near 10,700–10,800 ₹. Trendlines suggest sideways consolidation with mild bullish bias.
- 📊 Moving Averages: Price is above 50 DMA (10,327 ₹) but below 200 DMA (11,049 ₹), indicating short-term strength but capped by long-term resistance.
- 📉 RSI: At 56.3, RSI is neutral-to-bullish, showing balanced momentum.
- 📈 MACD: Positive (110), signaling bullish divergence and short-term upward bias.
- 📊 Bollinger Bands: Price is near the mid-band, suggesting consolidation with potential breakout if volumes improve.
- 📊 Volume Trends: Current volume (32,334) is below weekly average (46,923), showing reduced participation and weak conviction.
- 📌 Momentum Signals: Entry zone around 10,300–10,400 ₹; exit zone near 10,700–10,800 ₹.
- 🔄 Trend Status: Consolidating with mild bullish bias.
Positive
- EPS of 423 ₹ provides strong earnings base.
- PAT surged to 310 Cr. from 181 Cr. (+242%), showing strong quarterly growth.
- Price above 50 DMA supports short-term strength.
- DII holdings increased (+0.77%), showing domestic institutional support.
Limitation
- Price below 200 DMA signals long-term weakness.
- Volume below average, reducing breakout potential.
- P/E of 41.4 vs industry average of 17.4 highlights steep overvaluation.
- ROCE (12.8%) and ROE (12.2%) moderate compared to peers.
Company Negative News
- FII holdings decreased (-0.64%), showing reduced foreign investor confidence.
- Valuation stretched compared to industry multiples.
Company Positive News
- PAT growth highlights strong operational performance.
- DII inflows provide stability.
- Debt-free balance sheet adds financial resilience.
- Dividend yield of 1.37% supports shareholder return.
Industry
- Industry P/E at 17.4 highlights sector trading at far lower multiples.
- Holding companies sector remains cyclical but supported by strong group fundamentals.
Conclusion
BAJAJHLDNG is consolidating with mild bullish bias supported by PAT growth and price above 50 DMA. Entry near 10,300–10,400 ₹ offers tactical positioning, with exit targets around 10,700–10,800 ₹. However, steep valuation, weak volume, and price below 200 DMA warrant cautious trading with strict stop-loss discipline.
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