bajaj holdings & investments consolidating buying opportunity

1 ม.ค. 2021

->bajaj holdings conatins bajaj finserv,baja auto ,bajaj finance (results on jan 20 2020)where everything hit all time high
->but bajaj holdings still trading below precovid levels still lacking 25% from precovid level of 3900,
->& results are there on jan 21 ,and bajaj finserv might also get banking license mostly the event is expected by jan15,
->if we look at valuations usually any holdings company will trade at 60% of their ture value, even factoring that bajaj holdings should trade at 5000 but still at 3100 (5000 i am expecting based on my analysis of financial report of bajaj holdings and investments 2019-2020)
->fundamentally it is like a mini mutual fund, mainly consists of bajaj group companies mentioned above along with
other companies like
Bajaj Auto Holdings Ltd
Maharashtra Scooters Ltd.
Bajaj Electricals Ltd.
Mukand Ltd.
Hercules Hoists Ltd
Mukand Engineers Ltd
and investments in companies like nse , bse , etc(there many read financial report 2019-2020 to know more )
so i think it is good pick for long term which is also diversified in risk & now the share is consolidating it might breakout in jan itself as other bajaj group companies results are also there in jan and are at all time high ,bollinger bonds are also contracted in day chart,
rsi at 56.8 and mfi 51.1 as of jan 1 2021,
and some analysis i did based on bajaj holdings and investments financial year report 2019-2020 where bajaj holdings holds the following shares
1. Bajaj Auto Ltd. --------> 35.77% (results on jan 21 2020)
2.Bajaj Finserv Ltd. -------> 41.63 (results on jan 20 2020)
3.Bajaj Auto Holdings Ltd.----> 100%
4.Maharashtra Scooters Ltd. ---> 51% (results on jan 18 2020)
so those are bajaj holdings holds the above mentioned % of shares in those companies and those companies results are mentioned above and bajaj holdings result is also there on jan 21 2020
mostly results will be +ve and finance serv banking licence news might also trigger bajaj holdings along with finserv so in short term we may expect 3300-3500 and in long term 4000-5000
dis claimer :- this is not an investment advice just my opinion trade at your own risk ,
thank you this my first idea i am publishing plz support :) if you like it
thanks for reading
jayasurya gunturu

1 ม.ค. 2021

บันทึก

always have some amount to buy at dips if nifty stays above 14k till results then no problem bollinger bands contraction indicates either stock will go up or down ,though there is high chance of upside if index falls it might also effect stock so stay cautious and have some money on the side lines

8 ก.พ. 2021

บันทึก

target met 3300+ next it can go to 4000 still has a great value with lower risk

10 ส.ค. 2021

บันทึก

closed tgt met a long ago currently at 4000 today some big deal happened like i think one big guy bought around 30000 quantity and delivery quantity is high from past 3 days last friday , monday and today so my self took some quantity ,,idea wise closed if want to post will again post

10 ส.ค. 2021

บันทึก

current book value around 9800
its normal intrinsic value should be 4900

10 ส.ค. 2021

บันทึก

idea closed

4 ก.ค.

บันทึก

can refer this idea description however now book value is different