BAJAJ FINSERV share price has plunged 5% and is presently trading at Rs 7,589.
Meanwhile, the BSE 500 Index is at 12,631 (down 4.6%).
Among the top losers in the BSE 500 Index today are BAJAJ FINSERV (down 5.2%) and ATUL (down 8.5%).
YES BANK (up 40.9%) and GLENMARK PHARMA (up 11.1%) are among the top gainers today.
Over the last one year, BAJAJ FINSERV has moved up from Rs 6,898 to Rs 7,589, registering a gain of Rs 691 (up 10.0%)..
The BSE 500 has moved down from 14,974 to 12,631, loss of 2,343 points (down 15.6%) during the last 12 months.
The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 197.6%), ABBOTT INDIA (up 95.0%) and NAVIN FLUORINE (up 90.1%).
India's Revival: A Once-in-a-Generation Wealth Making Opportunity
The BSE Sensex is at 33,103 (down 5.2%). The top gainers among the BSE Sensex stocks today are BAJAJ AUTO (up 0.9%). The most traded stocks in the BSE Sensex are BAJAJ AUTO.
In the meantime, NSE Nifty is at 9,602 (down 5.1%). YES BANK (up 41.1%) and BAJAJ AUTO (up 1.1%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved down from 37,752 to 33,103, registering a loss of 4,649 points (down 14.41%).
BAJAJ FINSERV net profit stood at Rs 20 billion for the quarter ended December 2019, compared to a profit of Rs 14 billion a year ago. Net Sales rose 30.7% to Rs 145.6 billion during the period as against Rs 111.4 billion in October-December 2018.
For the year ended March 2018, BAJAJ FINSERV reported 25.8% increase in net profit to Rs 43.4 billion compared to net profit of Rs 34.5 billion during FY17.
Revenue of the company grew 34.4% to Rs 136 billion during FY18.
The current Price to earnings ratio of BAJAJ FINSERV, based on rolling 12 month earnings, stands at 17.0x. p >
What else is happening in the markets today? Dig in...
Indian share markets witnessed most of the buying interest during closing hours today and ended on a strong note.
BSE Sensex is trading up by 167 points, while the NSE Nifty is trading up by 50 points.
Indian share markets open in green. The BSE Sensex opened up by 156 points, while the Nifty is trading higher by 52 points.
HEG share price is trading up by 5% and its current market price is Rs 2,177. The BSE CAPITAL GOODS is up by 0.7%. The top gainers in the BSE CAPITAL GOODS Index are HEG (up 5.3%) and GRAPHITE INDIA (up 7.5%). The top losers are KALPATARU POWER (down 0.1%) and HONEYWELL AUTOMATION (down 0.4%).
BANK OF MAHARASHTRA share price is trading up by 6% and its current market price is Rs 24. The BSE BANKEX is up by 1.0%. The top gainers in the BSE BANKEX Index is BANK OF MAHARASHTRA (up 5.9%). The top losers is KOTAK MAHINDRA BANK (down 0.3%).
ADANI PORTS & SEZ share price is trading down by 5% and its current market price is Rs 755. The BSE 500 is up by 0.1%. The top gainers in the BSE 500 Index are GRAPHITE INDIA (up 5.4%) and GSK CONSUMER (up 5.1%). The top losers are ADANI PORTS & SEZ (down 5.3%) and MAH. SCOOTERS (down 5.2%).
View More Indian Share Market NewsA tiny chemical company, started in the Licence Raj era, is a great example of a new wealth creating opportunity.
In this video I'll show you exactly how I go about picking stocks for trading.
Rather than predicting the market, successful investing is more about preparing well and placing your bets accordingly.
What should you do if the market falls? In this video, I'll tell you what I will do.
Ajit Dayal on how India's vaccine strategy will impact the markets.
More
Equitymaster requests your view! Post a comment on "BAJAJ FINSERV Plunges by 5%; BSE 500 Index Down 4.6%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!