Bajaj Auto Reports Mixed Performance Amid Broader Automobile Sector Results

Bajaj Auto, a prominent player in the large-cap automobile sector, has shown notable activity today, outperforming its sector by 0.3%. The stock opened at Rs 9,012.85 and has maintained this price throughout the trading session. In terms of moving averages, Bajaj Auto's stock is currently above the 50-day, 100-day, and 200-day moving averages, yet it remains below the 5-day and 20-day averages.
With a market capitalization of Rs 2,50,757.00 crore, Bajaj Auto has a price-to-earnings (P/E) ratio of 33.00, which is lower than the industry average P/E of 36.10. The company's performance over the past year has seen a decline of 28.31%, contrasting with the Sensex's decrease of 3.61%. However, in the shorter term, Bajaj Auto has shown resilience, with a 1-month performance of 2.82%, compared to the Sensex's 0.66%.

Over the longer term, Bajaj Auto has demonstrated significant growth, with a 3-year performance of 141.46% and a remarkable 5-year performance of 204.74%, both outperforming the Sensex during the same periods.