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Bajaj Auto Ltd stays supported

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Capital Market
Last Updated : Sep 16 2021 | 1:32 PM IST

Bajaj Auto Ltd is quoting at Rs 3823, up 1.16% on the day as on 12:54 IST on the NSE. The stock is up 26.62% in last one year as compared to a 52.69% spurt in NIFTY and a 26.93% spurt in the Nifty Auto index.

Bajaj Auto Ltd is up for a third straight session in a row. The stock is quoting at Rs 3823, up 1.16% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.37% on the day, quoting at 17583.65. The Sensex is at 58988.02, up 0.45%. Bajaj Auto Ltd has risen around 0.41% in last one month.

Meanwhile, Nifty Auto index of which Bajaj Auto Ltd is a constituent, has risen around 2.27% in last one month and is currently quoting at 10297, up 0.2% on the day. The volume in the stock stood at 4.24 lakh shares today, compared to the daily average of 4.78 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 3821.3, up 0.84% on the day. Bajaj Auto Ltd is up 26.62% in last one year as compared to a 52.69% spurt in NIFTY and a 26.93% spurt in the Nifty Auto index.

The PE of the stock is 21.5 based on TTM earnings ending June 21.

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First Published: Sep 16 2021 | 1:06 PM IST

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