BAJAJ FINANCE Plunges by 7%; BSE 500 Index Down 1.4%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks


Login Failure
(Please do not use this option on a public machine)
  Sign Up | Forgot Password?  

BAJAJ FINANCE Plunges by 7%; BSE 500 Index Down 1.4%
Mon, 28 Jan 01:56 PM

BAJAJ FINANCE share price has plunged 7% and is presently trading at Rs 2,605.

Meanwhile, the BSE 500 Index is at 14,290 (down 1.4%).

Among the top losers in the BSE 500 Index today are BAJAJ FINANCE (down 7.1%) and PIRAMAL ENTERPRISES (down 5.7%).

ZEE ENTERTAINMENT (up 11.6%) and ESSEL PROPACK (up 7.2%) are among the top gainers today.

Over the last one year, BAJAJ FINANCE has moved up from Rs 1,710 to Rs 2,605, registering a gain of Rs 894 (up 52.3%)..

The BSE 500 has moved down from 15,514 to 14,290, loss of 1,224 points (down 7.9%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were VINATI ORG. (up 64.9%), BATA INDIA (up 54.4%) and NESTLE (up 51.4%).

Revealed: Top 3 Stocks for 2020 and Beyond

What About the Benchmark Indices?

The BSE Sensex is at 36,124 (down 1.1%). The top gainers among the BSE Sensex stocks today are L&T (up 1.5%). The most traded stocks in the BSE Sensex are L&T and TCS.

In the meantime, NSE Nifty is at 10,804 (down 1.2%). ZEE ENTERTAINMENT (up 12.4%) and BHARTI INFRATEL (up 2.5%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 36,050 to 36,124, registering a gain of 74 points (up -1.2%).

BAJAJ FINANCE Financial Update...

BAJAJ FINANCE net profit stood at Rs 9 billion for the quarter ended September 2018, compared to a profit of Rs 8 billion a year ago. Net Sales rose 20.2% to Rs 42.6 billion during the period as against Rs 35.4 billion in July-September 2017.

For the year ended March 2018, BAJAJ FINANCE reported 45.6% increase in net profit to Rs 26.7 billion compared to net profit of Rs 18.4 billion during FY17.

Revenue of the company grew 34.9% to Rs 134 billion during FY18.

The current Price to earnings ratio of BAJAJ FINANCE, based on rolling 12 month earnings, stands at 8.5x.

What else is happening in the markets today? Dig in...

Equitymaster requests your view! Post a comment on "BAJAJ FINANCE Plunges by 7%; BSE 500 Index Down 1.4%". Click here!


Stock Market Updates

CAPLIN POINT at 52 Week High; BSE 500 Index Down 0.2 % (Today's Market)

Aug 7, 2020 09:22 AM

CAPLIN POINT share price has hit a 52-week high. It is presently trading at Rs 649. BSE 500 Index is down by 0.2% at 14,567. Within the BSE 500, CAPLIN POINT (up 3.0%) and KPIT TECHNOLOGIES (up 20.0%) are among the top gainers, while top losers are DEEPAK NITRITE and GULF OIL LUBRICANTS.

SGX Nifty Trades 32 Points Lower; Indicates Negative Open for Indian Stock Markets (Today's Market)

Aug 7, 2020 SGX Nifty

The SGX Nifty opened on a negative note today. At 8:15 am, it was trading down by 32 points, or 0.3% lower at 11,180 levels.

SGX Nifty Down 30 Points, RBI Monetary Policy Takeaways, Gold Hits Record High, and Top Buzzing Stocks Today (Today's Market)

Aug 7, 2020 Pre-Open

Top cues to track in today's stock market session.

View More Indian Share Market News

Most Popular

These 5 Smallcaps Deserve a Place in Your Coffee Can Portfolio(Profit Hunter)

Jul 28, 2020

When it comes to quality stocks, doing less is more.

Before You Buy Your First Electric Vehicle Consider Buying this Stock(Profit Hunter)

Jul 29, 2020

As competition intensifies in the electric vehicle space, only few will create huge wealth over the years.

How to Buy Gold and Silver(Fast Profits Daily)

Jul 27, 2020

In this video I'll show you how to buy bullion the right way.

Elon Musk Gives Us a Trading Opportunity(Fast Profits Daily)

Jul 28, 2020

Elon Musk made a statement recently which I believe, gives us a fast profit trading opportunity.


Covid-19 Proof
Multibagger Stocks

Covid19 Proof Multibaggers
Get this special report, authored by Equitymaster's top analysts now!
We will never sell or rent your email id.
Please read our Terms


Aug 7, 2020 09:27 AM