📈Technical Analysis:
Bajaj Finance is one of the most bullish stocks in the Indian market, with a consistent uptrend visible over the last two decades – from just ₹3–4 to current levels.
Looking at recent performance:
Before COVID, the stock was hovering around ₹5,000 levels.
Even during April–May 2021, the price remained near ₹5,000.
Then, a sharp rally took the stock to ₹8,000 by October 2021, forming an all-time high.
That ₹8,000 level acted as a strong resistance repeatedly in 2022, 2023, 2024, and early 2025.
Breakout Post Q3 FY25 Results: Following the announcement of strong Q3 FY25 results on January 29, 2025, the stock broke through the ₹8,000 resistance within a week. By February and March, this level transitioned into a solid support zone, with the stock currently trading around ₹8,600.
📌 Targets to Watch:
1st Target: ₹9,260 (recent all-time high)
2nd Target: ₹9,500
3rd Target: ₹10,000
📌 Support Levels:
Immediate support at ₹8,000
Stronger support zones at ₹6,800 and ₹6,900 (previous higher lows)
As long as these support levels hold, Bajaj Finance remains firmly bullish.
📊 Fundamental Analysis:
📌 Bajaj Finance's Q3 FY25 performance underscores its robust financial health and strategic growth:
Additional Highlights:
📝 Conclusion:
Bajaj Finance has broken through its long-standing resistance and is entering a fresh bullish zone. With strong Q3 numbers and optimistic guidance, the rally may continue if key levels sustain.
💡 Upside Targets: ₹9,260 – ₹9,500 – ₹10,000
🛑 Support Zone: ₹8,000, followed by ₹6,800 – ₹6,900
🔔Disclaimer: This report is purely for educational and informational purposes. Please consult your financial advisor before making any trading or investment decisions.
Bajaj Finance is one of the most bullish stocks in the Indian market, with a consistent uptrend visible over the last two decades – from just ₹3–4 to current levels.
Looking at recent performance:
Before COVID, the stock was hovering around ₹5,000 levels.
Even during April–May 2021, the price remained near ₹5,000.
Then, a sharp rally took the stock to ₹8,000 by October 2021, forming an all-time high.
That ₹8,000 level acted as a strong resistance repeatedly in 2022, 2023, 2024, and early 2025.
Breakout Post Q3 FY25 Results: Following the announcement of strong Q3 FY25 results on January 29, 2025, the stock broke through the ₹8,000 resistance within a week. By February and March, this level transitioned into a solid support zone, with the stock currently trading around ₹8,600.
📌 Targets to Watch:
1st Target: ₹9,260 (recent all-time high)
2nd Target: ₹9,500
3rd Target: ₹10,000
📌 Support Levels:
Immediate support at ₹8,000
Stronger support zones at ₹6,800 and ₹6,900 (previous higher lows)
As long as these support levels hold, Bajaj Finance remains firmly bullish.
📊 Fundamental Analysis:
📌 Bajaj Finance's Q3 FY25 performance underscores its robust financial health and strategic growth:
- Total Income: ₹18,035 Cr (vs ₹17,091 Cr in Q2 FY24 and ₹14,164 Cr in Q3 FY23)
- Total Interest: ₹6,386 Cr (vs ₹6,149 Cr in Q2 FY24 and ₹4,868 Cr in Q3 FY23)
- Total Expenses: ₹5,691 Cr (vs ₹5,338 Cr in Q2 FY24 and ₹4,229 Cr in Q3 FY23)
- Total Operating Profits: ₹5,958 Cr (vs ₹5,604 Cr in Q2 FY24 and ₹5,067 Cr in Q3 FY23)
- Profit Before Tax: ₹5,765 Cr (vs ₹5,401 Cr in Q2 FY24 and ₹4,896 Cr in Q3 FY23)
- Profit After Tax: ₹4,308 Cr (vs ₹4,014 Cr in Q2 FY24 and ₹3,639 Cr in Q3 FY23)
- Diluted Normalized EPS: ₹68.60 (vs ₹64.62 in Q2 FY24 and ₹58.88 in Q3 FY23)
Additional Highlights:
- Assets Under Management (AUM): Surged by 28% year-on-year to ₹3.98 trillion as of December 31, 2024.
- Customer Base Expansion: Added a record 5.03 million customers in Q3, bringing the total customer franchise to 97.12 million.
- Loan Growth: New loans booked reached 12.06 million in Q3 FY25, a 22% increase from 9.86 million in Q3 FY24.
- Digital Transformation: The Bajaj Finserv App now boasts 66.57 million net users, reflecting the company's commitment to enhancing digital engagement.
- Asset Quality: Gross NPA stood at 1.12%, with Net NPA at 0.48%, indicating stable asset quality.
📝 Conclusion:
Bajaj Finance has broken through its long-standing resistance and is entering a fresh bullish zone. With strong Q3 numbers and optimistic guidance, the rally may continue if key levels sustain.
💡 Upside Targets: ₹9,260 – ₹9,500 – ₹10,000
🛑 Support Zone: ₹8,000, followed by ₹6,800 – ₹6,900
🔔Disclaimer: This report is purely for educational and informational purposes. Please consult your financial advisor before making any trading or investment decisions.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.