Bajaj Auto fell 0.64% to Rs 1,886.30 at 9:35 IST on BSE after the company's total vehicles sales fell 13% to 2.97 lakh units in December 2013 over December 2012.
The company made the announcement during trading hours today, 3 January 2014.
Meanwhile, the BSE Sensex was down 68.42 points, or 0.33%, to 20,819.91.
On BSE, so far 2,908 shares were traded in the counter, compared with an average volume of 45,413 shares in the past one quarter.
The stock hit a high of Rs 1,897 and a low of Rs 1,873.75 so far during the day. The stock hit a record high of Rs 2,228.95 on 3 January 2013. The stock hit a 52-week low of Rs 1,657.50 on 4 April 2013.
The stock had underperformed the market over the past one month till 2 January 2014, sliding 3.38% compared with the Sensex's 0.05% fall. The scrip had also underperformed the market in past one quarter, sliding 5.87% as against Sensex's 7.03% rise.
More From This Section
The large-cap company has an equity capital of Rs 289.37 crore. Face value per share is Rs 10.
Total motorcycle sales declined 13% to 2.60 lakh units in December 2013 over December 2012.
Total commercial vehicles sales fell 19% to 37,131 units in December 2013 over December 2012.
Exports jumped 20% to 1.50 lakh units in December 2013 over December 2012. It was the highest ever export figure for any December month.
Bajaj Auto's net profit rose 13% to Rs 837.16 crore on 5.1% growth in net sales to Rs 5061.49 crore in Q2 September 2013 over Q2 September 2012.
Bajaj Auto is India's second largest two-wheeler maker after Hero MotoCorp.
Powered by Capital Market - Live News