Bajaj Auto Reports Mixed Performance Amid Declining Stock Trends

Bajaj Auto, a prominent player in the large-cap automobile sector, has shown notable activity today, underperforming its sector by 0.3%. The stock opened at 8,821.35 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 moving averages.
The company's market capitalization stands at Rs 2,46,342.00 crore, with a price-to-earnings (P/E) ratio of 32.44, which is lower than the industry average of 35.63. Over the past year, Bajaj Auto has experienced a decline of 30.22%, contrasting with the Sensex's decrease of 5.72%. In the short term, the stock has also faced challenges, with a 1-day performance of -0.48% and a 1-week performance of -1.90%. However, it has shown resilience over longer periods, with a 3-year performance of 146.21% and a 5-year performance of 197.19%, significantly outperforming the Sensex during these time frames.