Bajaj Auto Share Price Today on 30-10-2024: Bajaj Auto share price are up by 1.35%, Nifty down by -0.09%

Bajaj Auto Share Price Today on 30 Oct 2024: On the last trading day, Bajaj Auto opened at ₹9849 and closed at ₹9982.5. The stock reached a high of ₹9999 and a low of ₹9775.25 during the day. Overall, the stock showed a positive movement, closing higher than its opening price.

featured-image

Bajaj Auto Share Price Today on 30-10-2024: At 30 Oct 11:15 today, Bajaj Auto shares are trading at price ₹ 9982.5, 1.35% up from the previous closing price.

Sensex is trading at ₹ 80223.99, down by -0.18%.



The stock has hit a high of ₹ 9999 and a low of ₹ 9775.25 during the day. On the technical front, the stock is trading above the 300 days SMA & lower than the 5,10,20,50,100 day SMA.

The stock will have support at 300 days SMA & face resistance at 5,10,20,50,100 days SMA The SMA values for the stock are given below : The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹ 10062.63, ₹ 10285.27, & ₹ 10496.

58, whereas it has key support levels at ₹ 9628.68, ₹ 9417.37, & ₹ 9194.

73. Till 11 AM today, the volume traded on NSE & BSE for Bajaj Auto was 111.94% higher than the previous trading session.

Volume traded is an important indicator along with price to study trends. Positive price movement with higher volume suggests a sustainable upmove, and negative price movement with higher volume might be an indication of further decline in prices. Overall, as per Mint technical analysis, The stock's continued downtrend suggests a bearish trend is underway.

. From a fundamental analysis perspective, the company has a ROE of 26.43% & ROA of 20.

70% respectively.The current P/E of the stock is at 37.56 & P/B is at 8.

88. The median 1-year forecasted upside in this share is at 8.28% with a target price of ₹ 10809.

00. The company has a 0.00% promoter holding, 2.

51% MF holding, & 14.32% FII holding as per filings in the september quarter. The MF holding has increased from 2.

40% in june to 2.51% in the september quarter. The FII holding has increased from 14.

19% in june to 14.32% in the september quarter. Bajaj Auto share price up 1.

35% today to trade at ₹ 9982.5 while its peers are mixed. Its peers such as Tube Investments Of India are falling today, but its peers Eicher Motors, TVS Motor Co, Hero Motocorp are on the rise.

Overall, benchmark indices Nifty & Sensex are down -0.09% & -0.18% each respectively.

.