Bajaj Auto Stock Gains 0.66%, Maintains Price at Rs 9,100

Bajaj Auto, a prominent player in the large-cap automobile sector, has shown notable activity today, aligning its performance with broader sector trends. The stock has experienced a consecutive gain over the last two days, reflecting a modest increase of 0.66% during this period. Today, it opened at Rs 9,100 and has maintained this trading price throughout the session.
In terms of moving averages, Bajaj Auto's stock is currently positioned higher than the 20-day, 50-day, 100-day, and 200-day moving averages, although it remains below the 5-day moving average. This indicates a mixed short-term performance relative to longer-term trends.

The company's market capitalization stands at Rs 2,54,106.27 crore, with a price-to-earnings (P/E) ratio of 33.37, which is below the industry average of 36.43. Over the past year, Bajaj Auto has faced a decline of 10.84%, contrasting with the Sensex's gain of 6.31%. However, its three-year performance has been robust, with a remarkable increase of 150.83%, significantly outperforming the Sensex's 41.25% during the same period.