Bajaj Consumer Care Ltd
Stocks on the Move
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Reco. Price: Rs. 361.00
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Reco. Date: April 02, 2026
Rating: Buy
BSE Code: 533229
NSE Symbol: BAJAJCON
Stock Info
- Face Value (Rs) 1
- Equity Capital (Rs cr) 13.00
- Mkt Cap (Rs cr) 4,729.69
- 52w H/L (Rs) 408.70 - 151.00
- Avg Daily Vol (BSE+NSE) 297,001
Shareholding Pattern
- (as on 31-Dec) %
- Promoter 42.97
- FIIs 9.7
- DIIs 15.36
- Public & Others 31.97
Price Performance
- Return (%) 1m 3m 12m
- Absolute -4.56 35.97 122.15
- Sensex -8.85 -14.15 -3.80
Data Source: Ace equity, stockaxis Research
Consolidation near highs signals next breakout move.
The price is consistently above the 200 EMA, indicating a strong bullish trend. The 21 EMA is above the 50 EMA, which is also above the 200 EMA, creating an ideal bullish stack. There is a clear shift from a long-term downtrend to a base formation and a steady uptrend. The higher low structure remains intact, with buyers supporting dips. The chart presents a favorable risk-reward scenario. The RSI is above 50, confirming the bullish trend. There are no significant bearish divergences, suggesting that the trend will continue. There is tight consolidation near the highs, with reduced volatility. A sustained move at this level suggests that the stock may initiate the next upward movement.
Hence, we recommend buying the stock at cmp while any dip around 345-350 can be utilized to average with a stop loss below Rs.328 for target of Rs.425.