- Bajaj Finance share price is in unfamiliar territory with investors readjusting to increased liquidity and technically lower prices.
Bajaj Finance share price was down on the second day of trading after splitting its stock. The shares traded at ₹922 in late morning session, with the bonus adjustment also weighing in. Analysts remain bullish on the stock’s potential, with multiple forecasts ranging between ₹1,100 and ₹1,500. The company’s fundamentals are strong, but the split and bonus issue events have injected a fresh impetus in the market that could cause short-term volatility.
On Monday, Bajaj Finance (NSE: BAJFINANCE) conducted a 1:2 stock split and a 1:4 bonus issue. The former led to a technical drop of the share price by about 90%, but that has not interfered with the company’s underlying value or market capitalisation. Stock splits help reduce the cost of each share of a company, enabling more retail investors to be able to purchase it. In the long-term, that could catalyse a spike in liquidity by attracting new buyers.
Also, the stock split and bonus issue are a sign of confidence in a company’s future performance and this is good for Bajaj Finance share price. Meanwhile, its fundamentals remain strong, having reported a 13% YoY growth in profit after tax to ₹4,014 crore in Q2 FY 2025. Also, it saw its customer base grow by about 4 million in that quarter to reach 92 million, while its Assets Under Management (AUM) rose by 29% to ₹374,000 crore. These provide a strong basis for the stock to stay on the ascending trajectory.
Bajaj Finance Stock Price Prediction
Bajaj Finance stock price pivot mark is at ₹937 and action below that level favours the sellers to be in control. The first support will likely be at ₹914, but a stronger momentum will break below that level and potentially test the second support at ₹894.
On the other hand, going above ₹937 will shift the momentum to the upside. That will likely see the first resistance come at ₹956. An extended control by the buyers will break above that level and invalidate the downside narrative. In addition, such momentum could send the price higher and test ₹970.
