Bajaj Finance underperforms Thursday when compared to competitors despite daily gains

Bajaj Finance Ltd.

shares inched up 0.20% to 6,012.25 Indian rupees Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P BSE Sensex Index

falling 0.31% to 60,858.43.

Bajaj Finance Ltd. closed 1,764.75 rupees short of its 52-week high (7,777.00 rupees), which the company achieved on September 22.

The stock underperformed when compared to some of its competitors Thursday, as Mahindra & Mahindra Financial Services Ltd.

rose 1.10% to 234.70 rupees.

Trading volume (25,217) remained 13,739 below its 50-day average volume of 38,956.

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.

Read more…