Bajaj Finance nears record high; up 10% thus far in March

The stock was trading 2 per cent higher at Rs 2,920, 2.6 per cent away from its record high level of Rs 2,995 touched on August 30, 2018 on the BSE in intra-day trade.

Shares of Bajaj Finance were up 2 per cent to Rs 2,920, gaining 4 per cent in past two trading sessions, in an otherwise range-bound market on Monday. The stock of non-banking finance company was trading 2.6 per cent lower from its record high level of Rs 2,995 touched on August 30, 2018 on the BSE in intra-day trade.

Thus far in March, the stock has outpaced the market by surging 10 per cent, as compared to a 6 per cent gain in the benchmark S&P BSE Sensex.

Bajaj Finance is one of the largest players in the