Bajaj Finance underperforms Monday when compared to competitors


 

Bajaj Finance Ltd.
500034,
-1.32%
shares dropped 1.32% to 7,359.55 Indian rupees Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P BSE Sensex Index
1,
-0.50%
falling 0.50% to 64,933.87.

Bajaj Finance Ltd. closed 830.45 rupees short of its 52-week high (8,190.00 rupees), which the company achieved on October 6.

The stock underperformed when compared to some of its competitors Monday, as Mahindra & Mahindra Financial Services Ltd.
M&MFIN,
+0.02%
rose 0.02% to 272.10 rupees.

Trading volume (28,768) remained 4,988 below its 50-day average volume of 33,756.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.