Bajaj Finance tumbled 6.07% to Rs 2876.15, extending its losing streak to fourth consecutive session.
Shares of Bajaj Finance have lost 27.28% in four trading sessions from its previous closing high of Rs 3955.35 posted on 13 March 2020.Bajaj Finance has tanked 41.58% from its record high level of Rs 4923.20 registered on 20 February 2020. The benchmark Nifty 50 index has tanked 31.45% in the same period.
The World Health Organization (WHO) declared COVID-19 a global pandemic on 11 March 2020 as the new coronavirus has rapidly spread to more than 219,548 people from Asia to the Middle East, Europe and the United States. The uncertainty regarding the effect of the coronavirus epidemic impacted investors sentiment.
Bajaj Finance is engaged in lending and allied activities. It focuses on consumer lending, small and medium-sized enterprises (SME) lending, commercial lending, rural lending, fixed deposits and value-added services.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app