Stock of Interest

Posted On: October 3, 2023

Stock Report: BAJAJHLDNG(NSE) 29 Sep 2023 

Bajaj Holdings and Investment Ltd is an investment company that chooses equities from both the public and private equity markets. Traditionally, the company seeks to invest in companies that fit a five-year investment horizon. Investment portfolios are managed by an investment committee that meets frequently, and a team of fund managers and analysts. Bajaj’s positions are placed into one of four portfolios, which include: strategic equity investments; other equities; fixed income securities; and property investments. Sector allocation for the company’s other equities portfolio traditionally includes financials, technology/pharma, consumers/education, sugar, materials, construction, and telecom, and media.

#xCalData predicts that # BAJAJHLDNG will continue its bearish phase over the next five days and trend within the range of 6814 to 7274. 

 
In comparison to the previous month, the price of the stock has experienced a decline of 3.55% indicating a bearish. 

The Stock has doubled twice since 27 Apr 2015 and took an average of 3.3 years to double.

The stock has not shown seasonality trend in the past. 

Reviewing the returns for the past 5 years for the same week, we see the stock has given negative returns in 3 years in the past. 

Majority of the technical ratios trend towards Bearish side of the spectrum. Only some of the technical indicators namely ASI indicate Bullish view. 

Collectively, xCalData suggests the stock would be in Bearish zone for next 5 days. 

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