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Author: Don Obrien

Bajaj Finance Ltd stays supported



Bajaj Finance Ltd is quoting at Rs 7794.65, up 0.6% on the day as on 12:49 IST on the NSE. The stock is up 134.93% in last one year as compared to a 50.01% jump in NIFTY and a 57.04% jump in the Nifty Financial Services.

Bajaj Finance Ltd is up for a fifth straight session today. The stock is quoting at Rs 7794.65, up 0.6% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.46% on the day, quoting at 17872.55. The Sensex is at 59944.11, up 0.45%. Bajaj Finance Ltd has gained around 4.9% in last one month.




Meanwhile, Nifty Financial Services index of which Bajaj Finance Ltd is a constituent, has gained around 0.73% in last one month and is currently quoting at 18336.95, down 0.24% on the day. The volume in the stock stood at 5.54 lakh shares today, compared to the daily average of 12.46 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 7823.15, up 0.52% on the day. Bajaj Finance Ltd is up 134.93% in last one year as compared to a 50.01% jump in NIFTY and a 57.04% jump in the Nifty Financial Services index.

The PE of the stock is 119.03 based on TTM earnings ending June 21.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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