Bajaj Finance underperforms Wednesday when compared to competitors


 

Bajaj Finance Ltd.
500034,
-1.84%
shares dropped 1.84% to 7,223.95 Indian rupees Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P BSE Sensex Index
1,
+1.14%
rising 1.14% to 65,675.93.

Bajaj Finance Ltd. closed 966.05 rupees short of its 52-week high (8,190.00 rupees), which the company reached on October 6.

The stock underperformed when compared to some of its competitors Wednesday, as Mahindra & Mahindra Financial Services Ltd.
M&MFIN,
+1.58%
rose 1.58% to 276.40 rupees.

Trading volume (64,524) eclipsed its 50-day average volume of 34,109.


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.