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Bajaj Finance Ltd in demand

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Capital Market
Last Updated : Jan 09 2020 | 1:31 PM IST

Bajaj Finance Ltd is quoting at Rs 4126.95, up 1.9% on the day as on 12:49 IST on the NSE. The stock is up 64.12% in last one year as compared to a 12.69% spurt in NIFTY and a 24.71% spurt in the Nifty Financial Services index.

Bajaj Finance Ltd is up for a third straight session in a row. The stock is quoting at Rs 4126.95, up 1.9% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.41% on the day, quoting at 12195.4. The Sensex is at 41373.69, up 1.36%. Bajaj Finance Ltd has risen around 3.51% in last one month.

Meanwhile, Nifty Financial Services index of which Bajaj Finance Ltd is a constituent, has risen around 3.47% in last one month and is currently quoting at 14306.65, up 1.77% on the day. The volume in the stock stood at 8.8 lakh shares today, compared to the daily average of 11.7 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 4143.65, up 2.02% on the day. Bajaj Finance Ltd is up 64.12% in last one year as compared to a 12.69% spurt in NIFTY and a 24.71% spurt in the Nifty Financial Services index.

The PE of the stock is 52.54 based on TTM earnings ending September 19.

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First Published: Jan 09 2020 | 1:05 PM IST

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