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Bajaj Finance Ltd spurts 1.38%, up for third straight session

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Capital Market

The stock is quoting at Rs 2785.15, up 1.38% on the day as on 12:49 IST on the NSE. Bajaj Finance Ltd is up 64.05% in last one year as compared to a 15.51% gain in NIFTY and a 17.42% gain in the Nifty Financial Services index.

Bajaj Finance Ltd rose for a third straight session today. The stock is quoting at Rs 2785.15, up 1.38% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.49% on the day, quoting at 11445.2. The Sensex is at 37861.18, up 0.52%. Bajaj Finance Ltd has added around 18.62% in last one month.

 

Meanwhile, Nifty Financial Services index of which Bajaj Finance Ltd is a constituent, has added around 6.11% in last one month and is currently quoting at 11702.4, up 0.56% on the day. The volume in the stock stood at 11.91 lakh shares today, compared to the daily average of 17.4 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 2794.1, up 1.41% on the day. Bajaj Finance Ltd is up 64.05% in last one year as compared to a 15.51% gain in NIFTY and a 17.42% gain in the Nifty Financial Services index.

The PE of the stock is 54.73 based on TTM earnings ending June 18.

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First Published: Aug 08 2018 | 1:05 PM IST

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