Bajaj Finance is a fundamentally strong stock and can give good returns in the future. Recently the Bajaj Finance stock touched its all-time high and again started falling. It was the 3rd time when the stock touched its all-time and it was unable to break it. in the future, Bajaj Finance share price target 2025 can be very high.
In technical analysis, when any stock touches any level (support, resistance, trendline, etc) many times ten the level becomes very weak and can be broken very easily in the upcoming weeks or months. Once it is broken there will be a big target in the short term as well as the long term. It also depends on the e many factors too.
In the approx last 3 years the Bajaj Finance stock has given nearly 250% return. As of now, in a few upcoming months, the stock can give more returns in the market condition and the news goes in the favor of the company.
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About Bajaj Finance
Bajaj Finance is an Indian company and it is a subsidiary company of Bajaj Finserv. the company was founded in 1987 and as of now, its managing director is Shri. Rajiv Jain.
Bajaj Finance is a non-banking company that provides related services and products to customers. Bajaj Finance offers many services and products like various types of insurance plans, home loans, personal loans, loans against property, gold loans, business loans, fixed deposits, credit cards, mobile banking, electronic products on EMI, lifestyle products on EMI, and many more services products.
In all types of loan services, there are a few limitations in the amount of loan. The list is very big of their services and products. You can explore each service and product by visiting their official website.
Company Fundamentals
From the fundamentals, you can know about the company in detail like the strength of the company, the right value of the company, the position of company among the all companies of the same sector, financial statements, growth of the company, and many more.
Most probably you are a retail investor, it is highly recommended to do a fundamental analysis by yourself of the stocks in which you are investing or already invested. In case, you know how to do a fundamental analysis of companies you can learn it from the Internet.
Note: The fundamentals of the Bajaj Finance company were last updated on 19 August 2023. Check the latest information on any broker website or screener.
Revenue Growth (Last 5 Years)
| Year | Revenues (In Crores) |
|---|---|
| March 2019 | 17,383.97 |
| March 2020 | 23,822.53 |
| March 2021 | 23,532.16 |
| March 2022 | 27,864.28 |
| March 2023 | 35,681.20 |
Quarterly Results (Last 5 Quarters)
| Quarter | Total Income (In Rs. Cr.) |
|---|---|
| Jun 2022 | 8,144.98 |
| Sep 2022 | 8,602.63 |
| Dec 2022 | 9,213.53 |
| Mar 2023 | 9,716.19 |
| Jun 2023 | 10,664.10 |
Company Essentials
| Title | Value |
|---|---|
| MARKET CAP | Rs. 4,15,787.36 Cr |
| ENTERPRISE VALUE | Rs. 1,79,097.12 Cr. |
| NO. OF SHARES | 60.59 Cr. |
| P/E | 38.17 |
| P/B | 7.71 |
| FACE VALUE | Rs. 2 |
| DIV. YIELD | 0.44 % |
| BOOK VALUE (TTM) | Rs. 889.51 |
| OPERATING REVENUE | Rs. 35,681.20 Cr. |
| NET PROFIT | Rs. 10,289.74 Cr. |
| EPS (TTM) | Rs. 179.77 |
| SALES GROWTH | 28.02 % |
| ROE | 22.23 % |
| ROCE | 12.32 % |
| PROFIT GROWTH | 62.03 % |
Shareholding Pattern
| Held By | Holding % |
|---|---|
| FII | 20.09 % |
| DII | 12.9 % |
| Public | 11.14 % |
| Promoters | 55.87 % |
| Other Holders | 0.0 % |
Thumb Rules for Investing
Just by doing fundamental analysis, anyone cannot book maximum returns on the stocks. Based on the investors’ experiences a few basic rules become the t rules for investing. In short, most retail investors or newbie investors make the below mistake as a result they do not get the maximum return on their investing.
These rules apply to the maximum sectors’ stocks. If you are new in the market or don’t have enough knowledge you should follow the rules to make your self psychology strong.
Rule #1: Do not invest all the money in one sector’s stocks. No matter what is the future of the sector. In case you invested all the money in one sector, if the sector faces any issue, you’ll be in a huge loss.
Rule #2: Invest a maximum of 5% – 6% of the total money in any stock. Suppose you have Rs. 1 Lakh the invest only 5000 – 6000 in any stock. This rule is applicable when you are retail, and can not track all the stocks.
Rule #3: Invest in a maximum of 2-3 stocks of a sector. When any sector will face problems then other sectors’ stock will save you from huge losses.
Rule #4: Invest in stock when the stock the available at a 10% low from its 52-week high. Some people invest in stocks at high, and as a result, they did not get good returns on their investments.
Rule #5: Invest in stocks for at least 5 – 7 years to get very high returns. Keep booking the profit from time to time.
Rule #6: Keep averaging the stock if everything is right in the company and the stock is available at a high discount due to any market crash.
Rule #7: Before Investing in any stock make sure you check its fundamental and related news. It will help you to stay away from the stock which can give you huge losses.
Bajaj Finance Share Price Target
Bajaj Finance is a fundamentally strong stock and has a good potential to give very high returns in the next few years according to the current analysis. In the fundamentals of Bajaj Finance, there are no major issues as of 19 August 2023. A lot of experts also suggest the stock for the long term to get a very high share price target in Bajaj Finance.
According to the thumb rules of investing the current price of the Bajaj Finance stock is not good for long-term investing. Because the stock is near its all-time high. You should only invest when the stock is available at least a 10 – 15% discount from its all-time high or 52-week high. In those cases, you should invest in the stock in SIP Mode. So, you’ll get a profit in case the stock does not fall. The feature of SIP in the stock is available on almost all the broker’s platforms (app and website).
Disclaimer: We are not SEBI registered. The post is only for educational purposes not for any investing advice. Do your own analysis or ask your financial advisor before investing. We will not be responsible for any loss or profit.
Bajaj Finance share price Target 2025
In the last month, the Bajaj Finance share price touched its all-time high, and now it is failing. In the monthly candle, it formed a hammer candle which means the stock can fall in the short term. In a lower timeframe, the stock is at the demand zone, if the demand increases again the stock can go near an all-time high.
As you can see in the Bajaj Fiance weekly chart that there is support near Rs. 6283. If the stock comes down then it should respect the support. In the worst case, the stock can also come near the trendline support. If it comes it will be a great opportunity for the people who want to get the stock at discounted price.
Bajaj Fianace’s all-time high is a supply zone. There is no target for the stock in the long term until the all-time high of the stock is not broken. As the stock is trading in arrange for almost 2 years. It should break its all-time high in the upcoming months.
In 2024 or 2025 if the all-time high of Bajaj finance is broken and the stock price is sustained above the all-time high then we can see a new all-time high with a very big target.
FAQs
In 2023, there is a very low chance that the stock can give a good return. In the short term, it can give a 5 – 7% return if the resistance is broken. According to the current price action, the stock will go down in the short term. In the above chart, the levels of the stock are mentioned.
If you are a short-term trader and you getting a 10 – 15% return on the stock you can exit. In short-term trades, a 10 – 15% return is very high. In case, if you are a long-term investor then you should hold the stock. According to the company fundamentals and the experts, the stock will give a very high return in the upcoming years.
The Bajaj Finance is filling as of now and it can fall more in the upcoming days. If the stock is good according to your analysis and research. You can do SIP in the stock for the long term to make a good return. According to its business model and the fundamentals the stock looks very good.
Final Words: The Bajaj Finance company’s fundamental is very strong and there are no major problems or issues in the company’s fundamentals as of 19 August 2023. According to the technical analysis and pattern if the stock breaks its all-time high then we can see a big target in the Bajaj Finance share price. The more time the stock will spend in the rage the more powerful breakout can happen.