Bajaj Finance Ltd Faces Fifth Consecutive Day of Decline
Bajaj Finance Ltd down for fifth straight session
Business Standard
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Bajaj Finance Ltd's stock has fallen for the fifth consecutive session, currently priced at ₹902.05, reflecting a 0.24% decrease today. Over the past year, the stock has declined by 0.67%, underperforming compared to the NIFTY index, which has decreased by 4.71%.
- 01Bajaj Finance Ltd's stock price is currently ₹902.05, down 0.24% today.
- 02The stock has experienced a 0.67% decline over the past year.
- 03It has lost approximately 1.22% in the last month.
- 04The NIFTY index has fallen by 4.71% in the same period.
- 05Trading volume today is 41.87 lakh shares, below the monthly average.
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Bajaj Finance Ltd's stock is currently trading at ₹902.05, down 0.24% as of 13:19 IST on the National Stock Exchange (NSE). This marks the fifth consecutive day of decline for the company. Over the past year, Bajaj Finance has seen a 0.67% decrease, which is a better performance compared to the NIFTY index's 4.71% drop and the 3.4% decline in the Nifty Financial Services index. In the last month alone, the stock has lost about 1.22%, while the Nifty Financial Services index has eased by 4.49%. Today's trading volume stands at 41.87 lakh shares, significantly lower than the average of 80.04 lakh shares over the past month. The price-to-earnings ratio (PE) for Bajaj Finance is currently 33.21, based on trailing twelve months (TTM) earnings ending March 26.
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Investors in Bajaj Finance may be concerned about the stock's continued decline, which could affect their investment decisions.
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