Bajaj Auto Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 8500, up 1.78% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.34% on the day, quoting at 22280.4. The Sensex is at 73464.71, down 0.29%. Bajaj Auto Ltd has risen around 10.36% in last one month.

Meanwhile, Nifty Auto index of which Bajaj Auto Ltd is a constituent, has risen around 5.37% in last one month and is currently quoting at 21121.2, down 0.71% on the day. The volume in the stock stood at 5.71 lakh shares today, compared to the daily average of 4.58 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 8510.65, up 1.65% on the day. Bajaj Auto Ltd is up 123.03% in last one year as compared to a 25.49% spurt in NIFTY and a 61.08% spurt in the Nifty Auto index.

The PE of the stock is 33.9 based on TTM earnings ending December 23.