Bajaj Auto's Stock Hits All-Time High

Bajaj Auto Ltd., a leading player in the auto industry, has been making headlines with its recent stock performance. On December 27, 2023, the company's stock gained 3.0%, closing at a new 52-week and all-time high of Rs. 6670.75. This positive movement has caught the attention of investors and market experts, with MarketsMOJO giving a 'Buy' call for the stock.

Bajaj Auto's performance today has also outperformed the sector by 1.61%, showcasing its strong position in the market. The stock has been on a consecutive gain for the last 3 days, with a 6.54% increase in returns during this period. This is a testament to the company's consistent growth and strong financials.

Intraday, Bajaj Auto's stock touched a high of Rs. 6670.75, showing a 3.2% increase. The 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.

In comparison to the Sensex, Bajaj Auto's 1-day performance is 2.96%, while the Sensex's performance is 0.51%. Similarly, in the last month, Bajaj Auto has outperformed the Sensex with a 12.23% increase in stock price, compared to the Sensex's 8.69% growth.

Bajaj Auto's strong performance in the auto industry and its consistent growth in the stock market make it a promising investment option for investors. With its recent achievements and positive outlook, Bajaj Auto continues to solidify its position as a leading player in the industry.