Bajaj Finance Ltd eases for fifth straight session

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22 October 2024 15:51:00

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Bajaj Finance Ltd eases for fifth straight session	Share Back
(17 Oct 2024)
Bajaj Finance Ltd dropped for a fifth straight session today. The stock is quoting at Rs 6894.05, down 0.9% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.8% on the day, quoting at 24772.15. The Sensex is at 81032.19, down 0.58%.Bajaj Finance Ltd has eased around 9.66% in last one month.Meanwhile, Nifty Financial Services index of which Bajaj Finance Ltd is a constituent, has eased around 3.19% in last one month and is currently quoting at 23882.35, down 1.39% on the day. The volume in the stock stood at 4.09 lakh shares today, compared to the daily average of 11.77 lakh shares in last one month. The benchmark October futures contract for the stock is quoting at Rs 6906.3, down 1.18% on the day. Bajaj Finance Ltd tumbled 12.36% in last one year as compared to a 25.93% rally in NIFTY and a 19.62% spurt in the Nifty Financial Services index. The PE of the stock is 32.91 based on TTM earnings ending June 24.
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