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Bajaj Finance Ltd spurts 1.72%, gains for five straight sessions

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Capital Market

Bajaj Finance Ltd is quoting at Rs 5235, up 1.72% on the day as on 12:44 IST on the NSE. The stock is up 27.08% in last one year as compared to a 12.36% gain in NIFTY and a 2% gain in the Nifty Financial Services.

Bajaj Finance Ltd rose for a fifth straight session today. The stock is quoting at Rs 5235, up 1.72% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.36% on the day, quoting at 13731.7. The Sensex is at 46852.93, up 0.4%. Bajaj Finance Ltd has added around 12.49% in last one month.

 

Meanwhile, Nifty Financial Services index of which Bajaj Finance Ltd is a constituent, has added around 4.26% in last one month and is currently quoting at 14789.3, up 0.82% on the day. The volume in the stock stood at 18.28 lakh shares today, compared to the daily average of 48.75 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 5257.8, up 2.03% on the day. Bajaj Finance Ltd is up 27.08% in last one year as compared to a 12.36% gain in NIFTY and a 2% gain in the Nifty Financial Services index.

The PE of the stock is 75.12 based on TTM earnings ending September 20.

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First Published: Dec 17 2020 | 1:00 PM IST

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