Bajaj Finance Hits New 52-Week High of Rs. 1,086.25

Bajaj Finance has reached a significant milestone by hitting a new 52-week high of Rs. 1,086.25 today, marking a notable achievement for the large-cap non-banking financial company. This upward movement comes as the stock has outperformed its sector by 0.38% and has shown consistent gains over the past four days, accumulating a total return of 5.98% during this period.
The stock's performance is further underscored by its trading position, as it is currently above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, Bajaj Finance has delivered an impressive return of 56.29%, significantly outpacing the Sensex, which has only seen a 3.84% increase in the same timeframe.

Bajaj Finance's strong fundamentals are reflected in its robust financial metrics, including a return on equity (ROE) of 17.05% and a healthy annual growth rate in net sales of 21.85%. With a market capitalization of Rs. 6,65,899 crore, the company stands as a leader in its sector, constituting nearly 12% of the entire industry.