Bajaj Finance Ltd rises for third straight session

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Capital Market
Last Updated : Aug 24 2018 | 1:16 PM IST

The stock is quoting at Rs 2927, up 1.15% on the day as on 12:49 IST on the NSE. Bajaj Finance Ltd is up 59.95% in last one year as compared to a 16.48% jump in NIFTY and a 14.77% jump in the Nifty Financial Services index.

Bajaj Finance Ltd is up for a third straight session today. The stock is quoting at Rs 2927, up 1.15% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.31% on the day, quoting at 11546.45. The Sensex is at 38182.74, down 0.4%. Bajaj Finance Ltd has gained around 8.21% in last one month.

Meanwhile, Nifty Financial Services index of which Bajaj Finance Ltd is a constituent, has gained around 1.67% in last one month and is currently quoting at 11625.45, down 0.32% on the day. The volume in the stock stood at 9.74 lakh shares today, compared to the daily average of 11.83 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 2929.35, up 1% on the day. Bajaj Finance Ltd is up 59.95% in last one year as compared to a 16.48% jump in NIFTY and a 14.77% jump in the Nifty Financial Services index.

The PE of the stock is 57.65 based on TTM earnings ending June 18.

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First Published: Aug 24 2018 | 1:06 PM IST

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