⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.
BAJFINANCE - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.7
| Stock Code | BAJFINANCE | Market Cap | 5,62,730 Cr. | Current Price | 904 ₹ | High / Low | 1,102 ₹ |
| Stock P/E | 35.2 | Book Value | 150 ₹ | Dividend Yield | 0.50 % | ROCE | 11.5 % |
| ROE | 18.5 % | Face Value | 1.00 ₹ | DMA 50 | 974 ₹ | DMA 200 | 946 ₹ |
| Chg in FII Hold | -0.48 % | Chg in DII Hold | 0.47 % | PAT Qtr | 4,251 Cr. | PAT Prev Qtr | 4,133 Cr. |
| RSI | 31.5 | MACD | -19.8 | Volume | 40,48,039 | Avg Vol 1Wk | 86,80,109 |
| Low price | 788 ₹ | High price | 1,102 ₹ | PEG Ratio | 1.09 | Debt to equity | 3.18 |
| 52w Index | 37.0 % | Qtr Profit Var | 17.2 % | EPS | 25.8 ₹ | Industry PE | 19.0 |
📈 Technical Analysis
- Chart Patterns: Price is below both 50 DMA (974 ₹) and 200 DMA (946 ₹), showing weakness.
- Moving Averages: Current price (904 ₹) is under DMAs, indicating bearish bias.
- RSI: At 31.5, oversold territory, suggesting potential rebound.
- MACD: Negative (-19.8), confirming bearish momentum.
- Bollinger Bands: Price is near lower band, showing oversold conditions.
- Volume Trends: Current volume (40,48,039) is below 1-week average (86,80,109), indicating weak participation.
📊 Momentum & Trend
- Short-term Momentum: Bearish with RSI oversold and MACD negative.
- Support Zone: 890 ₹ – 905 ₹ (near current levels).
- Resistance Zone: 950 ₹ – 970 ₹ (near 50 DMA).
- Trend: Consolidating with bearish bias.
- Optimal Entry: Around 890 ₹ – 905 ₹ if support holds.
- Optimal Exit: Around 950 ₹ – 970 ₹ unless breakout occurs.
✅ Positive
- Strong ROE (18.5%) and decent ROCE (11.5%).
- Quarterly PAT growth (4,251 Cr vs 4,133 Cr), showing earnings momentum.
- PEG ratio (1.09) indicates fair valuation relative to growth.
⚠️ Limitation
- P/E (35.2) is much higher than industry average (19.0), suggesting overvaluation.
- Debt-to-equity ratio (3.18) indicates high leverage.
- Dividend yield is modest (0.50%), limiting investor returns.
📉 Company Negative News
- FII holding decreased (-0.48%), showing weaker foreign investor sentiment.
📈 Company Positive News
- DII holding increased (+0.47%), showing stronger domestic institutional support.
- Quarterly profit growth of 17.2% indicates operational improvement.
🏭 Industry
- Industry PE at 19.0, much lower than company PE, suggesting valuation premium.
- Sector outlook remains steady, but company trades at higher multiples than peers.
🔎 Conclusion
- Stock is consolidating with bearish signals but oversold conditions may trigger rebound.
- Entry near support (890 ₹ – 905 ₹) could be favorable for short-term speculative trades.
- Exit near resistance (950 ₹ – 970 ₹) unless breakout confirms reversal.
- Long-term investors should be cautious due to high leverage and stretched valuations despite strong earnings growth.