Bajaj Finserv Shares Decline for Fifth Consecutive Session
Bajaj Finserv Ltd drops for fifth straight session
Business Standard
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Bajaj Finserv Ltd's shares fell by 0.27% to ₹1,740.1, marking the fifth consecutive day of decline. Over the past year, the stock has dropped 13.87%, significantly underperforming the NIFTY index, which fell 4.71%. The company's recent performance indicates a broader trend in the financial services sector.
- 01Bajaj Finserv Ltd's stock price decreased by 0.27% today.
- 02The stock has fallen 13.87% over the past year.
- 03The NIFTY index has only declined 4.71% in the same timeframe.
- 04Bajaj Finserv's stock volume today was 3.96 lakh shares, below the monthly average of 10.67 lakh shares.
- 05The stock's PE ratio stands at 194.95 based on trailing twelve months earnings.
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Bajaj Finserv Ltd's shares are currently trading at ₹1,740.1, down 0.27% as of 13:19 IST on the National Stock Exchange (NSE). This decline marks the fifth consecutive session of losses for the company. Over the past year, the stock has plummeted 13.87%, a stark contrast to the 4.71% decline in the NIFTY index and the 3.4% drop in the Nifty Financial Services index. In the last month, Bajaj Finserv's stock has eased by 4.69%, while the Nifty Financial Services index decreased by 4.49%. Today's trading volume for Bajaj Finserv stood at 3.96 lakh shares, significantly lower than the monthly average of 10.67 lakh shares. The benchmark May futures contract for the stock is quoted at ₹1,742, down 0.45%. The price-to-earnings (PE) ratio of Bajaj Finserv is 194.95, based on trailing twelve months earnings ending March 2026.
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The continued decline in Bajaj Finserv's stock may affect investor confidence and could lead to a reevaluation of investment strategies in the financial services sector.
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