Bajaj Auto rose 1.17% to Rs 1,925 at 10:07 IST on BSE after the company said its total sales fell 8% to 3.18 lakh units in January 2014 over January 2013.
The company made the announcement during trading hours today, 3 February 2014.
Meanwhile, the BSE Sensex was down 65.68 points, or 0.32%, to 20,448.17.
On BSE, so far 2,119 shares were traded in the counter, compared with an average volume of 30,235 shares in the past one quarter.
The stock hit a high of Rs 1,932.95 and a low of Rs 1,894.55 so far during the day. The stock hit a 52-week high of Rs 2,193.85 on 17 October 2013. The stock hit a 52-week low of Rs 1,657.50 on 4 April 2013.
The stock had outperformed the market over the past one month till 31 January 2014, sliding 0.41% compared with the Sensex's 3.10% fall. The scrip had, however, underperformed the market in past one quarter, falling 10.62% as against Sensex's 3.07% fall.
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The large-cap two-wheeler maker has an equity capital of Rs 289.37 crore. Face value per share is Rs 10.
Bajaj Auto's total motorcycle sales fell 7% to Rs 2.81 lakh units in January 2014 over January 2013. Total commercial vehicles sales declined 20% to 36,781 units in January 2014 over January 2013.
Exports rose 7% to 1.37 lakh units in in January 2014 over January 2013. The company said that it was the highest ever export figure for any January.
Bajaj Auto's net profit rose 10.5% to Rs 904.55 crore on 4.7% fall in total income to Rs 5353.08 crore in Q3 December 2013 over Q3 December 2012.
Bajaj Auto is India's second largest two-wheeler maker after Hero MotoCorp.
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