Bajaj Finance Approaches 52-Week High Amid Strong Yearly Performance and Market Resilience

Apr 22 2025 09:20 AM IST
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Bajaj Finance is trading near its 52-week high, showcasing resilience above key moving averages. The stock has gained 28.35% over the past year, significantly outperforming the Sensex. With a market capitalization of Rs 5,80,035.95 crore and a P/E ratio of 35.97, it remains a notable player in the sector.
Bajaj Finance, a prominent player in the Finance/NBFC sector, has shown notable activity today, trading close to its 52-week high, just 0.47% away from Rs 9314.3. Despite a slight underperformance against its sector by 0.28%, the stock has demonstrated resilience, maintaining levels above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

Today, Bajaj Finance opened at Rs 9270.55 and has consistently traded around this price point. Over the past year, the stock has delivered an impressive performance of 28.35%, significantly outpacing the Sensex, which recorded a gain of 7.74%. In the short term, Bajaj Finance has also outperformed the Sensex over various time frames, including a 37% year-to-date increase compared to the Sensex's 1.55%.

The company boasts a market capitalization of Rs 5,80,035.95 crore and a P/E ratio of 35.97, which is notably higher than the industry average of 21.94. As the Finance/NBFC sector continues to evolve, Bajaj Finance remains a key player to watch.
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