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Bajaj Finance Ltd extends gains

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Bajaj Finance Ltd is quoting at Rs 3429.9, up 0.66% on the day as on 12:49 IST on the NSE. The stock is up 59.58% in last one year as compared to a 11.99% gain in NIFTY and a 23.24% gain in the Nifty Financial Services.

Bajaj Finance Ltd rose for a fifth straight session today. The stock is quoting at Rs 3429.9, up 0.66% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.24% on the day, quoting at 11799.6. The Sensex is at 39283.23, down 0.18%. Bajaj Finance Ltd has added around 14.66% in last one month.

Meanwhile, Nifty Financial Services index of which Bajaj Finance Ltd is a constituent, has added around 7.02% in last one month and is currently quoting at 13222.45, down 0.07% on the day. The volume in the stock stood at 17.16 lakh shares today, compared to the daily average of 16.52 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 3429.15, up 0.47% on the day. Bajaj Finance Ltd is up 59.58% in last one year as compared to a 11.99% gain in NIFTY and a 23.24% gain in the Nifty Financial Services index.

The PE of the stock is 50.61 based on TTM earnings ending March 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: Tue, May 21 2019. 13:00 IST
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