Finance

Bajaj Finance outperforms market despite losses on the day

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Shares of Bajaj Finance Ltd.
500034,
-0.09%
inched down 0.09% to 7,472.50 Indian rupees Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P BSE Sensex Index
1,
-0.33%
falling 0.33% to 66,009.15.

Bajaj Finance Ltd. closed 527.40 rupees below 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 Friday, as Mahindra & Mahindra Financial Services Ltd.
M&MFIN,
+0.51%
rose 0.51% to 302.55 rupees.

Trading volume (10,121) remained 16,587 below its 50-day average volume of 26,708.


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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