Bajaj Finance Rallies Over 2% to ₹8,938.20, Nears 52-Week High in Morning Surge
Key Highlights:
Bajaj Finance Share Price (NSE: BAJFINANCE) witnessed a strong surge of ₹202.40 or 2.32% in early trade on April 11, 2025, reaching ₹8,938.20 as of 11:16 AM.
This breakout came on the back of robust institutional buying, propelling the stock to within a 3.5% range of its 52-week high of ₹9,260.05. The move indicates bullish momentum returning to the financial services giant after a brief consolidation phase.
Intraday Snapshot of Bajaj Finance
- Opening Price: ₹8,825.05
- Day’s High: ₹8,938.40
- Day’s Low: ₹8,810.70
- Current Price (as of 11:16 AM): ₹8,938.20
- Previous Close: ₹8,735.80
The chart shows a steady buildup in the first hour of trade, followed by a breakout rally after 11:00 AM.
Bajaj Finance Market Metrics
- Market Cap: ₹5.53 Lakh Crore
- P/E Ratio: 34.67
- Dividend Yield: 0.40%
- 52-Week High: ₹9,260.05
- 52-Week Low: ₹6,375.70
With one of the highest valuations among NBFCs, Bajaj Finance continues to dominate market attention for its scale, digital transformation, and asset quality.
What’s Powering Bajaj Finance’s Rally Today?
- Strong Retail Credit Demand: Optimism around India’s consumption economy is driving investor confidence in top NBFCs.
- Pre-Earnings Positioning: Speculation of strong quarterly numbers is bringing fresh institutional inflows.
- Technical Breakout: Price action suggests a clean break above the ₹8,900 barrier, triggering fresh momentum buying.
What This Means for Investors
- Short-Term Traders can watch for a retest of ₹9,000 and possible breakout toward ₹9,260, the 52-week high.
- Long-Term Investors may hold or accumulate, given Bajaj Finance’s consistent growth story, superior underwriting, and strong ROE profile.
How to Take Action
- Monitor Q4 earnings scheduled later this month
- Track loan book growth and NPA management, key drivers of upcoming analyst calls
- Watch sector trends in NBFCs, including peer performance from HDFC, Muthoot Finance, and LIC Housing
Who Will Be Affected
- Retail and HNI Investors holding long-term NBFC portfolios
- Mutual Funds & ETFs heavily weighted toward financial services
- Peer Stocks such as Bajaj Finserv, HDFC Ltd, and SBI Cards may reflect similar sentiment
Expert View: Bajaj Finance’s Premium Valuation Holds on Growth Confidence
Analysts continue to back Bajaj Finance Share Price due to its tech-led expansion, omni-channel strategy, and disciplined loan book management.
Despite a relatively high P/E of 34.67, the valuation is supported by consistent double-digit AUM growth and minimal asset quality deterioration.
Brokerages are raising short-term targets to ₹9,200–₹9,300, with expectations of breakout above the previous all-time high if earnings impress.
Bajaj Finance Share Price Nears ₹9,000 on Breakout Momentum
Bajaj Finance Share Price rose sharply by 2.32% to ₹8,938.20 on April 11, making it one of the top performers in the NBFC space.
With strong momentum, clean technicals, and institutional backing, the stock is inching closer to reclaiming its 52-week peak — making it a key stock to watch in India’s financial growth story.
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