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Bajaj Auto Ltd spurts 7.3%

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Bajaj Auto Ltd is quoting at Rs 2088.95, up 7.3% on the day as on 12:54 IST on the NSE. The stock is down 29.9% in last one year as compared to a 23.82% drop in NIFTY and a 37.64% drop in the Nifty Auto index.

Bajaj Auto Ltd is up for a third straight session in a row. The stock is quoting at Rs 2088.95, up 7.3% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 4.83% on the day, quoting at 8719.2. The Sensex is at 30053.01, up 5.32%. Bajaj Auto Ltd has dropped around 28.87% in last one month.

Meanwhile, Nifty Auto index of which Bajaj Auto Ltd is a constituent, has dropped around 28.63% in last one month and is currently quoting at 4936.15, up 3.79% on the day. The volume in the stock stood at 5.95 lakh shares today, compared to the daily average of 8.25 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 2092.25, up 6.42% on the day. Bajaj Auto Ltd is down 29.9% in last one year as compared to a 23.82% drop in NIFTY and a 37.64% drop in the Nifty Auto index.

The PE of the stock is 11.58 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: Thu, March 26 2020. 13:05 IST
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