Finance
Bajaj Housing Finance Ltd. (BHFL) is a prominent non-banking financial company (NBFC) in India, specializing in housing finance. As of February 27, 2025, the stock is trading at ₹113.25. Analysts have provided varying target prices and stop-loss levels for the short term.
Analyst Target Prices:
- Median Target Price: ₹100.00, indicating a potential downside of approximately 11.86% from the current price.
- Lowest Target Price: ₹82.00.
- Highest Target Price: ₹140.00.
These estimates are based on a consensus of analyst opinions and are projected over the next year. citeturn0search3
Analyst Ratings:
- Buy: 1 analyst.
- Hold: 1 analyst.
- Sell: 5 analysts.
- Strong Sell: 0 analysts.
The consensus rating is ‘Sell,’ reflecting a cautious outlook on the stock. citeturn0search3
Technical Analysis and Short-Term Outlook:
Technical analysis suggests a bearish trend for BHFL. The stock has recently closed at ₹113.25, with a day range between ₹112.60 and ₹114.35. The 52-week range is ₹103.10 to ₹188.50, indicating significant volatility. citeturn0search6
A recent analysis on TradingView recommends a long position if the stock closes above ₹128.50 on a daily timeframe. Target prices for this strategy are ₹132.80, ₹138.30, ₹142.10, and ₹146. The suggested stop-loss is ₹124, with an exit strategy if the stock closes below this level. citeturn0search4
Considerations for Investors:
- Market Volatility: The stock has experienced significant fluctuations, with a 52-week high of ₹188.50 and a low of ₹103.10.
- Analyst Sentiment: The consensus rating is ‘Sell,’ with a median target price of ₹100.00, suggesting potential downside.
- Technical Indicators: The stock is trading below key resistance levels, indicating a bearish trend.
Given the mixed analyst opinions and technical indicators, investors should exercise caution. It’s advisable to monitor the stock’s performance closely and consider broader market conditions before making investment decisions.
