Bajaj Auto Ltd slips for fifth straight session

8 Mar 2022 , 01:35 PM

Bajaj Auto Ltd dropped for a fifth straight session today. The stock is quoting at Rs 3214, down 0.64% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 0.99% on the day, quoting at 15705.7. The Sensex is at 52357.77, down 0.92%.Bajaj Auto Ltd has lost around 9.81% in last one month.Meanwhile, Nifty Auto index of which Bajaj Auto Ltd is a constituent, has eased around 20.81% in last one month and is currently quoting at 9480.45, down 2.43% on the day. The volume in the stock stood at 3.28 lakh shares today, compared to the daily average of 4.06 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 3178.6, down 1.12% on the day. Bajaj Auto Ltd tumbled 15.39% in last one year as compared to a 4.02% rally in NIFTY and a 11.6% fall in the Nifty Auto index.

The PE of the stock is 19.15 based on TTM earnings ending December 21.

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