visimoney
TLDR:
Bajaj Finance Ltd. outperformed its competitors on a day when the stock market experienced losses. The company’s shares fell by 1.19%, but still outperformed Mahindra & Mahindra Financial Services Ltd., which fell by 2.87%. Despite the decline, Bajaj Finance closed just over 1,600 rupees below its 52-week high. Trading volume for the stock exceeded its 50-day average volume.
Indian non-banking finance company Bajaj Finance Ltd. saw its shares outperform competitors on a day marked by losses in the stock market. The company’s shares fell by 1.19%, but still outperformed Mahindra & Mahindra Financial Services Ltd. (M&MFIN), which saw a decline of 2.87%. Bajaj Finance closed 1,614.40 rupees short of its 52-week high of 8,190.00 rupees, which it achieved on October 6. Despite the decline in share price, trading volume for Bajaj Finance exceeded its 50-day average volume.
