Bajaj Auto rose 0.18% to Rs 1,916 at 11:24 IST on BSE after the company declared sales volume data for April 2014 during market hours today, 2 May 2014
Meanwhile, the S&P BSE Sensex was up 74.61 points or 0.33% at 22,492.41
On BSE, so far 7,056 shares were traded in the counter as against average daily volume of 20,046 shares in the past two weeks.
The stock hit a high of Rs 1,927.90 and a low of Rs 1,913 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 1,683.35 on 28 August 2013.
The stock had underperformed the market over the past one month till 30 April 2014, falling 6.93% compared with the Sensex's 0.35% rise. The scrip had also underperformed the market in past one quarter, falling 0.36% as against Sensex's 9.36% rise.
The large-cap company has an equity capital of Rs 289.37 crore. Face value per share is Rs 10.
Bajaj Auto's total sales fell 4% to 3.31 lakh units in April 2014 over April 2013. Exports rose 16% to 1.5 lakh units in April 2014 over April 2013. Commercial vehicles sales dropped 26% to 31,893 units in April 2014 over April 2013. Motorcycle sales slipped 0.39% to 2.99 lakh units in April 2014 over April 2013.
Bajaj Auto's net profit rose 10.5% to Rs 904.55 crore on 5.3% decline in net sales to Rs 5024.76 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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