Bajaj Auto hits record high; market-cap crosses Rs 90,000 crore

With a market-cap of Rs 90,225 crore, Bajaj Auto now stands ahead of Eicher Motors, maker of Royal Enfield motorcycles, which have market-cap of Rs 88,514 crore, at 11:54 AM.

Bajaj Auto hit a record high of Rs 3,129, up 3.5% on BSE in intra-day trade to regain its status as the country’s most valued two-wheeler company in terms of market capitalisation (market-cap).

The stock surpassed its previous high of Rs 3,122 touched on September 9, 2016 in intra-day trade.

The market-cap of Bajaj Auto crossed Rs 90,000 crore mark today, after a sharp 7% rally in the last two trading sessions.

With a market-cap of Rs 90,225 crore, Bajaj Auto now stands ahead of Eicher Motors, maker of Royal Enfield motorcycles, which quoted market-cap of Rs