Finance

Bajaj Finance underperforms Wednesday when compared to competitors

Published

on

Shares of Bajaj Finance Ltd.
500034,
-1.20%
dropped 1.20% to 6,708.05 Indian rupees Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P BSE Sensex Index
1,
-0.60%
falling 0.60% to 61,560.64.

Bajaj Finance Ltd. closed 1,068.95 rupees below its 52-week high (7,777.00 rupees), which the company achieved on September 22.

The stock underperformed when compared to some of its competitors Wednesday, as Mahindra & Mahindra Financial Services Ltd.
M&MFIN,
+0.41%
rose 0.41% to 285.05 rupees.

Trading volume (45,645) eclipsed its 50-day average volume of 42,820.


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.

Advertisement

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Trending

Exit mobile version