Bajaj Auto rose 2.14% to Rs 2,196.50 at 12:05 IST on BSE after net profit fell 18.62% to Rs 621.62 crore on 4.36% decline in total income to Rs 4893.61 crore in Q4 March 2015 over Q4 March 2014.
The Q4 result was announced during market hours today, 21 May 2015.
Meanwhile, the S&P BSE Sensex was down 106.71 points or 0.38% at 27,730.50.
On BSE, so far 96,000 shares were traded in the counter as against average daily volume of 65,089 shares in the past one quarter.
The stock was volatile. The stock rose as much as 2.67% at the day's high of Rs 2,208 so far during the day. The stock fell as much as 1.23% at the day's low of Rs 2,124 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 1,844 on 20 May 2014.
The stock had outperformed the market over the past one month till 20 May 2015, surging 6.54% compared with Sensex's 0.18% fall. The scrip had also outperformed the market in past one quarter, sliding 2.66% as against Sensex's 4.77% fall.
The large-cap company has equity capital of Rs 289.37 crore. Face value per share is Rs 10.
Bajaj Auto is India's second largest two-wheeler maker after Hero MotoCorp.
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