Bajaj Finance Ltd soars 6.55%\, rises for third straight session

Bajaj Finance Ltd soars 6.55%, rises for third straight session

Capital Market 

Bajaj Finance Ltd is quoting at Rs 2374, up 6.55% on the day as on 12:54 IST on the NSE. The stock is down 23.32% in last one year as compared to a 19.11% fall in NIFTY and a 18.98% fall in the Nifty Financial Services index.

Bajaj Finance Ltd rose for a third straight session today. The stock is quoting at Rs 2374, up 6.55% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 1.3% on the day, quoting at 9502.75. The Sensex is at 32548.53, up 1.35%. Bajaj Finance Ltd has added around 5.88% in last one month.

Meanwhile, Nifty Financial Services index of which Bajaj Finance Ltd is a constituent, has added around 12.65% in last one month and is currently quoting at 9951.2, up 2.23% on the day. The volume in the stock stood at 101.99 lakh shares today, compared to the daily average of 90.27 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 2359.05, up 5.6% on the day. Bajaj Finance Ltd is down 23.32% in last one year as compared to a 19.11% fall in NIFTY and a 18.98% fall in the Nifty Financial Services index.

The PE of the stock is 26.29 based on TTM earnings ending December 19.

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First Published: Wed, April 29 2020. 13:05 IST