Bajaj Finance Sees Increased Trading Activity and Strong Investor Participation

Bajaj Finance Ltd, a prominent player in the Non-Banking Financial Company (NBFC) sector, has emerged as one of the most active equities today, with a total traded volume of 1,247,837 shares and a total traded value of approximately Rs 117.08 crores. The stock opened at Rs 942.00 and reached a day high of Rs 942.35, while the day low was recorded at Rs 932.00. As of the latest update, the last traded price stands at Rs 939.55, reflecting a modest increase of 0.36% for the day.
Notably, Bajaj Finance is currently trading close to its 52-week high, just 4.14% away from Rs 978.80. The stock has shown consistent performance, gaining for the last seven consecutive days, with a total return of 7.26% during this period. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

Investor participation has notably increased, with a delivery volume of 1.14 crore shares on September 4, marking a significant rise of 225.61% compared to the 5-day average delivery volume. The liquidity of the stock remains robust, accommodating trade sizes of Rs 16.71 crores based on 2% of the 5-day average traded value. Overall, Bajaj Finance continues to demonstrate solid performance metrics within its market segment.