BAJAJHLDNG - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.5
| Stock Code | BAJAJHLDNG | Market Cap | 1,09,836 Cr. | Current Price | 9,860 ₹ | High / Low | 14,873 ₹ |
| Stock P/E | 40.8 | Book Value | 2,044 ₹ | Dividend Yield | 0.94 % | ROCE | 7.24 % |
| ROE | 6.64 % | Face Value | 10.0 ₹ | DMA 50 | 10,730 ₹ | DMA 200 | 11,584 ₹ |
| Chg in FII Hold | -0.07 % | Chg in DII Hold | 0.00 % | PAT Qtr | 181 Cr. | PAT Prev Qtr | 2,181 Cr. |
| RSI | 34.3 | MACD | -346 | Volume | 33,484 | Avg Vol 1Wk | 53,426 |
| Low price | 9,345 ₹ | High price | 14,873 ₹ | PEG Ratio | -5.09 | Debt to equity | 0.00 |
| 52w Index | 9.32 % | Qtr Profit Var | 115 % | EPS | 403 ₹ | Industry PE | 16.9 |
📈 Chart & Trend Analysis: BAJAJHLDNG is trading below both its 50 DMA (10,730 ₹) and 200 DMA (11,584 ₹), with the current price at 9,860 ₹. This indicates bearish bias and short-term weakness.
📊 Momentum Indicators: RSI at 34.3 shows weak momentum, nearing oversold territory. MACD at -346 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 (33,484) is below weekly average (53,426), showing reduced participation and lack of strong buying interest.
🔑 Support & Resistance Zones:
- Support: 9,345 ₹ (recent low), 9,000 ₹ (psychological support)
- Resistance: 10,730 ₹ (50 DMA), 11,584 ₹ (200 DMA), 12,000 ₹ (trendline resistance)
Optimal Entry: 9,300–9,800 ₹ (near support)
Optimal Exit: 10,700–11,500 ₹ (resistance zone)
📌 Trend Status: The stock is consolidating with bearish bias, showing weak momentum and trading below key moving averages.
Positive
- Strong ROCE (7.24%) and ROE (6.64%) provide moderate capital efficiency.
- Debt-free balance sheet (Debt-to-equity 0.00) ensures financial stability.
- Dividend yield of 0.94% provides shareholder returns.
- EPS of 403 ₹ supports valuation strength.
Limitation
- Extremely high P/E (40.8) compared to industry average (16.9), suggesting stretched valuation.
- PEG ratio of -5.09 indicates poor earnings growth relative to valuation.
- Weak RSI and negative MACD show lack of momentum.
- Stock trading below both 50 DMA and 200 DMA, reflecting short-term weakness.
Company Negative News
- Quarterly PAT collapsed to 181 Cr. from 2,181 Cr., showing severe earnings pressure.
- FII holding decreased (-0.07%), showing reduced foreign investor confidence.
Company Positive News
- DII holding remained stable, with a slight increase (+0.00%).
- Quarterly profit variation (+115%) indicates earnings volatility but some recovery momentum.
Industry
- Industry PE at 16.9 is far lower than BAJAJHLDNG’s PE (40.8), suggesting premium valuation compared to peers.
- Holding company sector outlook remains tied to performance of underlying investments, making earnings cyclical and volatile.
Conclusion
⚖️ BAJAJHLDNG is consolidating with bearish bias, trading below key moving averages with weak momentum signals. Fundamentals show debt-free stability and strong EPS, but extremely high valuation and sharp profit decline limit upside. Traders may consider entry near 9,300–9,800 ₹ with exits around 10,700–11,500 ₹, but caution is advised as momentum remains weak and earnings volatility is high.
Would you like me to extend this into a peer benchmarking overlay comparing BAJAJHLDNG against other diversified holding companies (valuation, ROE/ROCE, momentum) so you can see relative strength before deciding entry?