Bajaj Finance Stock Sees Recent Dip, Experts Give 'Buy' Call
Bajaj Finance, a leading finance and NBFC company in India, has seen a -3.11% decline in its stock price on October 15, 2024. Despite this, experts at MarketsMojo have given a 'Buy' call for the company. Bajaj Finance remains a reliable choice for investors with its strong presence and reputation in the market.
Bajaj Finance, a leading finance and non-banking financial company (NBFC) in India, has recently seen a dip in its stock price. On October 15, 2024, the company's stock lost -3.11%, underperforming the sector by -2.72%. However, despite this recent decline, experts at MarketsMOJO have given a 'Buy' call for Bajaj Finance.
The stock has been on a downward trend for the past three days, with a fall of -4.47% during this period. On the same day, the stock touched an intraday low of Rs 6980, a decrease of -3.19%. Bajaj Finance is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.
In comparison to the Sensex, Bajaj Finance's performance in the past day and month has been -2.88% and -7.83%, respectively, while the Sensex has seen a decline of -0.21% and -1.31% in the same time periods.
Despite the recent dip in stock price, Bajaj Finance remains a largecap company in the finance/NBFC industry. With its strong presence and reputation in the market, the company continues to be a reliable choice for investors. Stay tuned for more updates on Bajaj Finance's performance in the market.
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