Bajaj Finance Momentum building up after yearly results.
- Public holding only 10.2% - historical low since 2017
- DII's holding 14.33%, up from 14% in Dec'23
- Marginal decrease in promoter and FII holding
- Ex dividend date approaching on 6/21 - Dividend of Rs 36
On daily charts
- RS1 56
- EMA 9 and EMA 21 have crossed EMA 63
- EMA 63 just below EMA 200
Fundamentals
- PE around 31
- PEG around 1.05
Buy and hold for target of 8000