Bajaj Electricals Shows Signs of Trend Reversal Amid Broader Market Gains

Bajaj Electricals, a midcap player in the consumer durables sector, has shown notable activity today, gaining 5.33% on May 12, 2025. This uptick comes after two consecutive days of decline, marking a potential trend reversal. The stock opened with a significant gap up of 3.85% and reached an intraday high of Rs 565, reflecting a 5.99% increase at its peak.
In terms of performance metrics, Bajaj Electricals has outperformed its sector, which gained 2.69%, by 2.51%. The stock is currently trading above its 5-day and 20-day moving averages, although it remains below the 50-day, 100-day, and 200-day moving averages.

Over the past week, Bajaj Electricals has increased by 2.03%, compared to a 1.13% rise in the Sensex. However, its longer-term performance reveals challenges, with a 39.71% decline over the past year, contrasting sharply with the Sensex's 12.45% gain. The broader market is experiencing a positive trend, with the Sensex rising sharply today, further supported by small-cap stocks leading the charge.