Bajaj Auto rose 3.32% to Rs 2,519.30 at 13:31 IST on BSE after net profit surged 57.9% to Rs 933.06 crore on 2.85% growth in total income to Rs 6250.42 crore in Q2 September 2015 over Q2 September 2014.
The result was announced during market hours today, 21 October 2015.
Meanwhile, the S&P BSE Sensex was down 63.69 points or 0.23% at 27,243.14
On BSE, so far 80,988 shares were traded in the counter as against average daily volume of 31,395 shares in the past one quarter.
The stock hit a high of Rs 2,535 and a low of Rs 2,435 so far during the day. The stock had hit a record high of Rs 2,690 on 24 November 2014. The stock had hit a 52-week low of Rs 1,913.80 on 30 April 2015.
The stock had outperformed the market over the past one month till 20 October 2015, rising 6.28% compared with 4.15% rise in the Sensex. The scrip had also outperformed the market in past one quarter, falling 3.22% as against Sensex's 3.92% decline.
The large-cap company has an equity capital of Rs 289.37 crore. Face value per share is Rs 10.
Bajaj Auto is one of the leading two-and three-wheeler manufacturers in India.
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