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Bajaj Finance Ltd soars 5.59%, rises for third straight session
17-May-19   13:05 Hrs IST

Bajaj Finance Ltd rose for a third straight session today. The stock is quoting at Rs 3284.05, up 5.59% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.81% on the day, quoting at 11348.6. The Sensex is at 37742.08, up 0.93%. Bajaj Finance Ltd has added around 8.94% in last one month.

Meanwhile, Nifty Financial Services index of which Bajaj Finance Ltd is a constituent, has added around 0.37% in last one month and is currently quoting at 12325.55, up 1.58% on the day. The volume in the stock stood at 39.17 lakh shares today, compared to the daily average of 13.04 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 3296.55, up 5.66% on the day. Bajaj Finance Ltd is up 52.77% in last one year as compared to a 7.1% gain in NIFTY and a 16.11% gain in the Nifty Financial Services index.

The PE of the stock is 51.11 based on TTM earnings ending December 18.

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