Bajaj Auto share price closes at session high of ₹10,979, gains 0.63%

Key Takeaways

• Bajaj Auto gained 0.63% to ₹10,979 and finished exactly at the session high after touching a low of ₹10,780.
• The 50-day and 100-day DMAs were almost identical at ₹10,701.80 and ₹10,700.90, both about ₹278 below the close.
• Its one-year return stood at 25.88%, compared with a negative 5.86% three-month return.

Bajaj Auto share price finished November 9 at ₹10,979, gaining ₹69 or 0.63%. The closing price was also the session high, making the placement of the close the day's clearest numerical feature. Bajaj Auto opened at ₹10,911 against a previous close of ₹10,910 and fell to ₹10,780 at the low. From that point, the stock recovered ₹199 to finish at the upper boundary of the day's ₹199 trading range. Volume totalled 382,614 shares.

The 50-day and 100-day moving averages were separated by less than one rupee. The 50-day DMA stood at ₹10,701.80 and the 100-day DMA at ₹10,700.90. Bajaj Auto closed ₹277.20 above the former and ₹278.10 above the latter. Its 200-day DMA was lower at ₹10,369.50, placing the final price ₹609.50 above that level.

Across the past 52 weeks, the share had traded between ₹8,624 and ₹12,470. The November 9 close was ₹2,355 above the annual low and ₹1,491 below the high. Market capitalisation was ₹3,06,861 crore. The ₹10,979 closing level remained below the 52-week peak while sitting substantially above each reported moving average.

Return periods showed a sizeable difference between shorter and longer horizons. Bajaj Auto's one-month return was 13.93%, while three-month performance stood at negative 5.86%. Six-month performance was positive at 2.5%, and the one-year return was 25.88%. The one-year number exceeded the one-month figure by 11.95 percentage points.

For the November 9 session, the stock's recovery from ₹10,780 to a close exactly at ₹10,979 was more pronounced than the 0.63% close-to-close gain alone suggests. The opening price was also only ₹1 above the rounded previous close, so most of the session's movement occurred within the day rather than through an opening gap.