Bajaj Finserv falls Monday, underperforms market


Bajaj Finserv Ltd.
532978,
-0.41%

shares inched down 0.41% to 1,591.95 Indian rupees Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P BSE Sensex Index
1,
-0.08%

falling 0.08% to 62,130.57.

Bajaj Finserv Ltd. closed 269.66 rupees short of its 52-week high (1,861.61 rupees), which the company reached on January 19.

The stock underperformed when compared to some of its competitors Monday, as Religare Enterprises Ltd.
RELIGARE,
-0.37%

fell 0.37% to 175.10 rupees and L&T Finance Holdings Ltd.
L&TFH,
+0.65%

rose 0.65% to 92.60 rupees.

Trading volume (30,766) remained 113,799 below its 50-day average volume of 144,565.


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.



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