Hot Pursuit     09-Jan-24
Bajaj Auto Ltd rises for third straight session
Bajaj Auto Ltd is quoting at Rs 7089, up 1.51% on the day as on 12:49 IST on the NSE. The stock is up 98.34% in last one year as compared to a 21.18% jump in NIFTY and a 44.84% jump in the Nifty Auto index.

Bajaj Auto Ltd is up for a third straight session today. The stock is quoting at Rs 7089, up 1.51% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.91% on the day, quoting at 21708.8. The Sensex is at 72002.37, up 0.91%. Bajaj Auto Ltd has gained around 15.49% in last one month.

Meanwhile, Nifty Auto index of which Bajaj Auto Ltd is a constituent, has gained around 4.01% in last one month and is currently quoting at 18350.2, up 1.18% on the day. The volume in the stock stood at 17.14 lakh shares today, compared to the daily average of 5.06 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 7078.8, up 1.1% on the day. Bajaj Auto Ltd is up 98.34% in last one year as compared to a 21.18% jump in NIFTY and a 44.84% jump in the Nifty Auto index.

The PE of the stock is 30.79 based on TTM earnings ending September 23.

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