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Bajaj Finance Ltd in demand

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Capital Market
Last Updated : Mar 12 2021 | 1:50 PM IST

Bajaj Finance Ltd is quoting at Rs 5612.3, up 1.21% on the day as on 12:49 IST on the NSE. The stock is up 41.99% in last one year as compared to a 52.82% gain in NIFTY and a 38.55% gain in the Nifty Financial Services index.

Bajaj Finance Ltd rose for a third straight session today. The stock is quoting at Rs 5612.3, up 1.21% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.26% on the day, quoting at 15213.6. The Sensex is at 51405.02, up 0.24%. Bajaj Finance Ltd has dropped around 2.9% in last one month.

Meanwhile, Nifty Financial Services index of which Bajaj Finance Ltd is a constituent, has dropped around 4.21% in last one month and is currently quoting at 16689.7, up 0.46% on the day. The volume in the stock stood at 14.98 lakh shares today, compared to the daily average of 22.57 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 5624, up 1.19% on the day. Bajaj Finance Ltd is up 41.99% in last one year as compared to a 52.82% gain in NIFTY and a 38.55% gain in the Nifty Financial Services index.

The PE of the stock is 90.59 based on TTM earnings ending December 20.

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First Published: Mar 12 2021 | 1:05 PM IST

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