Bajaj Auto is yet to dislodge Hero MotoCorp from the pole position in the Indian two-wheeler market. The Pune-based automaker sold 3.97 million vehicles in FY21 against Hero MotoCorp’s 5.8 million units. The number for Bajaj Auto includes three-wheelers, unlike Hero that only sells motorcycles and scooters.
Despite being relatively small in terms of revenues and sales volumes, Bajaj Auto is miles ahead of its rival on the bourses.
Bajaj Auto ended Friday with a market capitalisation of Rs 1.12 trillion, nearly double the Hero MotoCorp's m-cap of Rs 57,000 crore. This is the biggest gap the m-cap
Despite being relatively small in terms of revenues and sales volumes, Bajaj Auto is miles ahead of its rival on the bourses.
Bajaj Auto ended Friday with a market capitalisation of Rs 1.12 trillion, nearly double the Hero MotoCorp's m-cap of Rs 57,000 crore. This is the biggest gap the m-cap