Bajaj Auto Ltd. Achieves All-Time High Stock Price, Proving Strong Performance and Growth in Auto Industry

Sep 02 2024 09:38 AM IST
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Bajaj Auto Ltd. has achieved a new milestone as its stock price reached an all-time high on September 2nd, 2024. According to MarketsMojo, the stock is a 'Buy' call and has been consistently outperforming the sector for the past 10 days. It has also outperformed the Sensex in the past year, showcasing its strong financials and market presence.


Bajaj Auto Ltd., a leading player in the auto industry, has reached a new milestone as its stock price touched an all-time high on September 2nd, 2024. This is a significant achievement for the company, showcasing its strong performance and growth in the market.

According to MarketsMOJO, a trusted stock analysis platform, Bajaj Auto's stock is a 'Buy' call. It has been a part of MOJO Stocks on MarketsMOJO since August 1st, 2024. This further solidifies the company's position as a top performer in the auto industry.

The stock has been on a winning streak for the past 10 days, with a consecutive gain of 13.49% during this period. Today, it outperformed the sector by 0.7%, reaching a new 52-week high of Rs. 11126.3. This is a testament to the company's strong financials and market presence.

Bajaj Auto's stock is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the market. This further reinforces the company's strong performance and growth potential.

In the past year, Bajaj Auto's stock has outperformed the Sensex by a significant margin, with a 138.79% return compared to the Sensex's 26.22% performance. This showcases the company's ability to deliver consistent and impressive returns to its investors.

Overall, Bajaj Auto Ltd. has proven to be a strong and reliable player in the auto industry, with a track record of consistent growth and performance. With its stock reaching an all-time high and being recommended as a 'Buy' by MarketsMOJO, it is definitely a company to watch out for in the market.
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