New Peak Amidst Market Volatility
On the trading day, Bajaj Auto Ltd. touched an intraday high of Rs.9782.75, marking a 2.99% increase from its previous close. This rise was accompanied by a day change of 2.00%, outperforming the automobile sector by 1.16%. The stock’s ability to break through resistance levels after two consecutive days of decline highlights a significant shift in market sentiment.
The broader market, represented by the Sensex, opened lower by 108.48 points and was trading at 85,287.49, down 0.18%. Despite this, Bajaj Auto demonstrated resilience, trading well above its key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This technical strength underscores the stock’s upward trajectory and sustained buying interest.
Comparative Performance and Trend Analysis
Over the past year, Bajaj Auto Ltd. has delivered a total return of 9.82%, marginally outperforming the Sensex’s 9.37% gain over the same period. The stock’s 52-week low was recorded at Rs.7088.25, indicating a substantial recovery and appreciation of approximately 38% from its lowest point within the last year.
The stock’s mojo score currently stands at 58.0, with a mojo grade of Hold, upgraded from Sell on 22 December 2025. This upgrade reflects an improvement in the company’s overall market metrics and sentiment. However, the market cap grade remains at 1, indicating a relatively modest market capitalisation compared to peers.
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Technical Indicators Confirm Strength
Bajaj Auto’s price action is supported by its position above all major moving averages, a technical indicator often associated with bullish momentum. The stock’s trading above the 200-day moving average is particularly noteworthy, as this level is widely regarded as a key long-term trend indicator.
The reversal after two days of decline suggests that buyers have stepped in decisively, reinforcing the stock’s upward momentum. This is further validated by the stock outperforming its sector, which indicates relative strength within the automobile industry.
Sector and Market Context
The automobile sector has experienced mixed performance recently, with Bajaj Auto standing out as a leader in price appreciation. While the Sensex remains close to its own 52-week high, trading just 1.02% below the peak of 86,159.02, the index is currently in a cautious phase, trading slightly lower on the day.
Despite the broader market’s modest retreat, Bajaj Auto’s ability to register gains highlights its resilience and the underlying strength of its business fundamentals. The Sensex’s position above its 50-day and 200-day moving averages suggests a generally bullish market environment, which may be supporting the stock’s positive momentum.
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Summary of Key Metrics
To summarise, Bajaj Auto Ltd. has demonstrated notable strength by reaching a new 52-week high of Rs.9782.75, outperforming its sector and reversing a short-term downtrend. The stock’s mojo grade upgrade to Hold from Sell reflects improved market sentiment, while its mojo score of 58.0 indicates moderate confidence among market participants.
The stock’s trading above all major moving averages and its outperformance relative to the Sensex and automobile sector underscore its current momentum. With a 52-week low of Rs.7088.25, the stock has appreciated significantly over the past year, delivering a total return of 9.82% compared to the Sensex’s 9.37%.
These factors collectively highlight Bajaj Auto Ltd.’s strong position within the automobile sector and its ability to sustain upward price movement amid a mixed market backdrop.
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