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Bajaj Finance Ltd spikes around 3%

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Capital Market

Bajaj Finance Ltd is quoting at Rs 2224.6, up 2.94% on the day as on 12:54 IST on the NSE. The stock is down 25.91% in last one year as compared to a 17.36% fall in NIFTY and a 22.12% fall in the Nifty Financial Services index.

Bajaj Finance Ltd rose for a third straight session today. The stock is quoting at Rs 2224.6, up 2.94% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 1.74% on the day, quoting at 9219.9. The Sensex is at 31385.57, down 1.95%. Bajaj Finance Ltd has added around 1.93% in last one month.

 

Meanwhile, Nifty Financial Services index of which Bajaj Finance Ltd is a constituent, has added around 2.92% in last one month and is currently quoting at 9679.6, down 1.76% on the day. The volume in the stock stood at 82.9 lakh shares today, compared to the daily average of 96.81 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 2233.75, up 3.18% on the day. Bajaj Finance Ltd is down 25.91% in last one year as compared to a 17.36% fall in NIFTY and a 22.12% fall in the Nifty Financial Services index.

The PE of the stock is 25.48 based on TTM earnings ending December 19.

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First Published: May 14 2020 | 1:05 PM IST

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