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Bajaj Finance Ltd up for a fifth straight session
17-May-18   13:00 Hrs IST

Bajaj Finance Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 1928, up 0.42% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 0.22% on the day, quoting at 10717.55. The Sensex is at 35302.84, down 0.24%. Bajaj Finance Ltd has risen around 0.06% in last one month.

Meanwhile, Nifty Financial Services index of which Bajaj Finance Ltd is a constituent, has risen around 2.52% in last one month and is currently quoting at 10903.2, down 0.29% on the day. The volume in the stock stood at 5.63 lakh shares today, compared to the daily average of 7.35 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 1932, up 0.34% on the day. Bajaj Finance Ltd is up 46.67% in last one year as compared to a 13.66% spurt in NIFTY and a 17.42% spurt in the Nifty Financial Services index.

The PE of the stock is 46.69 based on TTM earnings ending December 17.

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