Bajaj Auto revs up on better sales outlook

Dalal Street Spikes

 The counter is attracting buying interest in anticipation of good sales for November 2003. The company reported sales of 1,07,115 motorcycles for October 2003 and is expected to match if not beat this figure in November, according to market sources.

 The company is also set to benefit from rural demand, following the good monsoon this year. The company is also all set to start exporting motorcycles to the Philippines. The bikes will be sold through Kawasaki, the company