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Bajaj Auto Ltd drops for fifth straight session

Capital Market 

Bajaj Auto Ltd is quoting at Rs 3100.55, down 1.09% on the day as on 13:24 IST on the NSE. The stock jumped 8.65% in last one year as compared to a 10.38% rally in NIFTY and a 5.64% fall in the Nifty Auto index.

Bajaj Auto Ltd fell for a fifth straight session today. The stock is quoting at Rs 3100.55, down 1.09% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 0.65% on the day, quoting at 12019.4. The Sensex is at 40923.6, down 0.53%.Bajaj Auto Ltd has gained around 0.21% in last one month.Meanwhile, Nifty Auto index of which Bajaj Auto Ltd is a constituent, has eased around 4.68% in last one month and is currently quoting at 8064.6, down 2.65% on the day. The volume in the stock stood at 2.31 lakh shares today, compared to the daily average of 5.6 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 3100.85, down 1.19% on the day. Bajaj Auto Ltd jumped 8.65% in last one year as compared to a 10.38% rally in NIFTY and a 5.64% fall in the Nifty Auto index.

The PE of the stock is 18.67 based on TTM earnings ending December 19.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, February 10 2020. 13:35 IST
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