Finance

Bajaj Finance falls Tuesday, underperforms market

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Bajaj Finance Ltd.
500034,
-1.18%
shares slid 1.18% to 7,419.25 Indian rupees Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P BSE Sensex Index
1,
+0.31%
rising 0.31% to 66,795.14.

Bajaj Finance Ltd. closed 580.65 rupees short of its 52-week high (7,999.90 rupees), which the company reached on July 5.

The stock underperformed when compared to some of its competitors Tuesday, as Mahindra & Mahindra Financial Services Ltd.
M&MFIN,
-0.92%
fell 0.92% to 316.80 rupees.

Trading volume (20,338) remained 19,823 below its 50-day average volume of 40,161.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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