Bajaj Auto fell 1.35% to Rs 1,668.95 at 13:58 IST on BSE, extending recent fall triggered by the company reporting decline in sales in March 2013.
Meanwhile, the BSE Sensex was down 246.27 points, or 1.31%, to 18,555.37.
On BSE, 35,000 shares were traded in the counter as against an average daily volume of 28,556 shares in the past one quarter.
The stock hit a high of Rs 1,704.95 and a low of Rs 1,657.50 so far during the day. The stock had hit a record high of Rs 2,228.95 on 3 January 2013. The stock had hit a 52-week low of Rs 1,423.10 on 18 July 2012.
The stock had underperformed the market over the past one month till 3 April 2013, falling 16.39% compared with the Sensex's 0.62% fall. The scrip had also underperformed the market in past one quarter, sliding 23.58% as against Sensex's 4.87% fall.
The large-cap company has equity capital of Rs 289.37 crore. Face value per share is Rs 10.
Bajaj Auto announced during market hours on Tuesday, 2 April 2013, that total sales fell 10% to 3.01 lakh units in March 2013 over March 2012. Motorcycles sales declined 11% to 2.67 lakh units in March 2013 over March 2012. Commercial vehicles sales fell 1% to 34,194 units in March 2013 over March 2012. Exports declined 6% to 1,01,374 units in March 2013 over March 2012.
Shares of Bajaj Auto fell 1.53% to Rs 1,756.50 on Tuesday, 2 April 2013. It fell 3.68% to Rs 1,691.85 on Wednesday, 3 April 2013. The stock has fallen 6.44% in three sessions from Rs 1783.80 on Monday, 1 April 2013.
Bajaj Auto's net profit rose 3% to Rs 818.74 crore on 9.7% growth in net sales to Rs 5307.20 crore in Q3 December 2012 over Q3 December 2011.
Bajaj Auto is India's second largest two-wheeler maker after Hero MotoCorp.
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