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Bajaj Auto Ltd slips for fifth straight session
10-Aug-18   13:35 Hrs IST

Bajaj Auto Ltd dropped for a fifth straight session today. The stock is quoting at 2658, down 0.02% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.2% on the day, quoting at 11447.2. The Sensex is at 37916.26, down 0.28%.Bajaj Auto Ltd has lost around 15.93% in last one month.Meanwhile, Nifty Auto index of which Bajaj Auto Ltd is a constituent, has eased around 2.27% in last one month and is currently quoting at 10813.8, up 0.56% on the day. The volume in the stock stood at 2.19 lakh shares today, compared to the daily average of 11.15 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 2668.5, down 0.16% on the day. Bajaj Auto Ltd tumbled 4.67% in last one year as compared to a 17.88% rally in NIFTY and a 3.98% spurt in the Nifty Auto index.

The PE of the stock is 18.08 based on TTM earnings ending June 18.

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