Bajaj Finserv Share Price Today on 27-11-2024: At 27 Nov 11:11 today, Bajaj Finserv shares are trading at price ₹1600.3, 0.34% up from the previous closing price. Sensex is trading at ₹80052.77, up by 0.06%. The stock has hit a high of ₹1605.15 and a low of ₹1589.2 during the day.
On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days.
The SMA values for the stock are given below :
Days | Simple Moving Average |
---|---|
5 | 1604.15 |
10 | 1656.57 |
20 | 1698.28 |
50 | 1802.85 |
100 | 1718.91 |
300 | 1658.13 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹1612.5, ₹1626.4, & ₹1641.5, whereas it has key support levels at ₹1583.5, ₹1568.4, & ₹1554.5.
Till 11 AM today, the volume traded on NSE & BSE for Bajaj Finserv was 252.86% higher than the previous trading session. Volume traded is an important indicator along with price to study trends. Positive price movement with higher volume suggests a sustainable upmove, and negative price movement with higher volume might be an indication of further decline in prices.
Overall, as per Mint technical analysis, The stock is currently experiencing a strong downtrend.
From a fundamental analysis perspective, the company has a ROE of 15.27% & ROA of 3.31% respectively.The current P/E of the stock is at 30.22 & P/B is at 3.72.
The median 1-year forecasted upside in this share is at 13.42% with a target price of ₹1815.00.
The company has a 0.00% promoter holding, 4.52% MF holding, & 7.98% FII holding as per filings in the september quarter.
The FII holding has decreased from 8.14% in june to 7.98% in the september quarter.
Bajaj Finserv share price up 0.34% today to trade at ₹1600.3 while its peers are mixed. Its peers such as ICICI Prudential Life Insurance Company are falling today, but its peers Life Insurance Corporation of India, SBI Life Insurance Company, HDFC Life Insurance Company are on the rise. Overall, benchmark indices Nifty & Sensex are up -0.01% & 0.06% each respectively.
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