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Bajaj Finance Ltd stays supported

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Capital Market

Bajaj Finance Ltd is quoting at Rs 4802, up 0.14% on the day as on 12:49 IST on the NSE. The stock is up 87.5% in last one year as compared to a 13.36% gain in NIFTY and a 29.34% gain in the Nifty Financial Services.

Bajaj Finance Ltd rose for a fifth straight session today. The stock is quoting at Rs 4802, up 0.14% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.14% on the day, quoting at 12157.55. The Sensex is at 41396.05, down 0.15%. Bajaj Finance Ltd has added around 14.14% in last one month.

 

Meanwhile, Nifty Financial Services index of which Bajaj Finance Ltd is a constituent, has added around 0.9% in last one month and is currently quoting at 14578.85, down 0.51% on the day. The volume in the stock stood at 4.13 lakh shares today, compared to the daily average of 13.63 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 4806.9, up 0.3% on the day. Bajaj Finance Ltd is up 87.5% in last one year as compared to a 13.36% gain in NIFTY and a 29.34% gain in the Nifty Financial Services index.

The PE of the stock is 56.55 based on TTM earnings ending December 19.

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First Published: Feb 14 2020 | 1:01 PM IST

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