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Bajaj Finance Ltd gains for five straight sessions

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Capital Market
Last Updated : Aug 10 2018 | 1:31 PM IST

The stock is quoting at Rs 2835, up 0.17% on the day as on 12:44 IST on the NSE. Bajaj Finance Ltd is up 67.22% in last one year as compared to a 17.82% gain in NIFTY and a 19.76% gain in the Nifty Financial Services.

Bajaj Finance Ltd rose for a fifth straight session today. The stock is quoting at Rs 2835, up 0.17% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.26% on the day, quoting at 11441.25. The Sensex is at 37929.43, down 0.25%. Bajaj Finance Ltd has added around 20.35% in last one month.

Meanwhile, Nifty Financial Services index of which Bajaj Finance Ltd is a constituent, has added around 5.63% in last one month and is currently quoting at 11838.1, down 0.48% on the day. The volume in the stock stood at 5.14 lakh shares today, compared to the daily average of 18.28 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 2832.15, down 0.04% on the day. Bajaj Finance Ltd is up 67.22% in last one year as compared to a 17.82% gain in NIFTY and a 19.76% gain in the Nifty Financial Services index.

The PE of the stock is 56.36 based on TTM earnings ending June 18.

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First Published: Aug 10 2018 | 1:00 PM IST

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