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Bajaj Finance Ltd in demand

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Bajaj Finance Ltd is quoting at Rs 3539, up 1.38% on the day as on 12:59 IST on the NSE. The stock is down 16.29% in last one year as compared to a 0.18% slide in NIFTY and a 9.56% slide in the Nifty Financial Services index.

Bajaj Finance Ltd is up for a third straight session today. The stock is quoting at Rs 3539, up 1.38% on the day as on 12:59 IST on the NSE. The benchmark NIFTY is up around 0.69% on the day, quoting at 11895.5. The Sensex is at 40562.89, up 0.75%. Bajaj Finance Ltd has gained around 4.61% in last one month.

 

Meanwhile, Nifty Financial Services index of which Bajaj Finance Ltd is a constituent, has gained around 12.76% in last one month and is currently quoting at 12468.2, down 0.85% on the day. The volume in the stock stood at 22.45 lakh shares today, compared to the daily average of 47.55 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 3535, up 1.25% on the day. Bajaj Finance Ltd is down 16.29% in last one year as compared to a 0.18% slide in NIFTY and a 9.56% slide in the Nifty Financial Services index.

The PE of the stock is 50.98 based on TTM earnings ending September 20.

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First Published: Nov 04 2020 | 1:05 PM IST

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