Page 2 - Bajaj Auto Ltd News

Bajaj Auto's Chetak 35-Series exports may start within six months

More variants of the e-scooter, targeting delivery executives, likely soon

Smoke emanates from electric scooter, Bajaj Auto says incident being probed

A video of smoke emanating from an electric scooter in Chhatrapati Sambhajinagar has gone viral, after which leading two-wheeler maker Bajaj Auto said the incident is being probed. Smoke came out of the vehicle, apparently a Bajaj Chetak electric scooter, at a busy traffic signal on the Jalna Road on Thursday. Fire brigade deployed a team to douse the smoke, an official said. Two farmers, Bhagwan Chavan and Ravindra Chavan from Varvandi village had come to Chhatrapati Sambhajinagar for purchasing water pipes. While they were waiting at the signal, they noticed that smoke was coming out of their e-vehicle, the official said. The vehicle was taken aside and a fire brigade team was called from the Seven Hills fire station. The team sprayed water over the vehicle and the smoke stopped, the official said. We have been informed of a thermal incident. The matter is being investigated, a spokesperson of Bajaj Auto told PTI. When contacted, local police and fire brigade official said they

RBI Policy Impact: Financials gain, PSU Bank index rises 2% on CRR cut

Uco Bank, Indian Overseas Bank, Central Bank of India, Bank of Baroda, Canara Bank and Union Bank were up in the range of 2 per cent to 2.5 per cent.

Price cuts for 2 bike portfolios will have nominal impact: Bajaj Auto

Company says brokerage's report on sales does not give 'full or accurate picture'

Bajaj Auto skids 3% after dismissing price cut claims on Freedom & Pulsar

Bajaj Auto clarified that the dispatch number of Freedom 125, a motorcycle produced by the company, is stated incorrectly at 80,000

Bajaj Auto refutes price cut claims in Freedom 125 and Pulsar models

Bajaj Auto addressed reports that claimed price cuts of Rs 5,000 to Rs 10,000 for its bikes post-Diwali

Bajaj Auto posts 5% growth in total vehicle sales at 421,640 units in Nov

Bajaj Auto Ltd on Monday reported a 5 per cent on-year growth in total vehicle sales, including exports, at 4,21,640 units in November. The Pune-based automaker had sold 4,03,003 units in November 2023, according to a company statement. Total domestic sales (including commercial vehicles) declined 7 per cent at 2,40,854 units in the previous month, as compared to 2,57,744 units sold in the same month last year. Total exports during the month under review rose 24 per cent at 1,80,786 units, from 1,45,259 vehicles shipped out to overseas markets in November 2023, according to the statement. The total two-wheeler volume (domestic and exports) in November 2024 stood at 3,68,076 units, an increase of 5 cent over 3,49,048 units sold in the same month of last year, Bajaj Auto said. Domestic two-wheeler sales declined 7 per cent to 2,03,611 units, from 2,18,597 units in November 2023. The two-wheeler exports logged a 26 per cent year-on-year growth at 1,64,465 vehicles in November, as ..

Holding firm restructuring won't affect India biz with Bajaj Auto: KTM

Austrian bike maker KTM on Saturday said the judicial restructuring of its holding firm Pierer Mobility AG has no impact on business related to products co-developed with Bajaj Auto for Indian domestic market and select export markets. However, it is impacting business of Pierer Mobility AG/KTM AG that is run out of Austria, including exports from Austria, India and China to its key markets in the US and Europe. On November 26, given the immediate liquidity constraints, the Executive Board of KTM AG has decided to file an application for the initiation of judicial restructuring proceedings with self-administration over the assets of KTM AG and its subsidiaries KTM Components GmbH and KTM F&E GmbH, the company said in a statement. All other subsidiaries of KTM AG, in particular all sales companies, are not affected, it added. "It is to be noted that the aforesaid matter has a bearing on the business of Pierer Mobility AG/KTM AG that is run out of Austria," the company said. These .

RIL, Tata Motors, Titan: Over 50% Nifty stocks trade below 200-DMA

As many as 27 out of the Nifty 50 stocks are trading below their respective long-term moving average; analysts see this as an overall weak trend in the market.

Bajaj Auto share drops 5% as domestic sales in October falls 8% YoY

The fall in Bajaj Auto share price came on the back of weak domestic sales, which tanked 8 per cent year-on-year (Y-o-Y) to 3,03,831 units in October 2024, from 3,29,618 units in October last year

Riding high: Bajaj Auto's CNG motorcycle races ahead with record sales

Registrations highest since Freedom 125 was launched in July this year

Earnings disappointment a catalyst for market correction: Analysts

The developments come at a time when the markets are already grappling with geopolitical developments in West Asia and the uncertainty surrounding the outcome of the US presidential polls

Nifty pivot stands at 24,800, Bank Nifty 51,800; shows F&O data

F&O market update Oct 18: The Nifty options data suggests likely resistance for the index near 24,800 - 25,000, and support between 24,500 - 24,700; says Dupesh Dhameja of SAMCO Securities.

Bajaj Auto shares hit by mixed Q2 results, weak festive season outlook

Stock slumps over 13% on weak Q2 results, subdued festive demand outlook

Bajaj Auto tanks 12% after Q2; analysts cautious on margin, export outlook

The decline followed a mixed response from both domestic and international brokerages, despite the company delivering strong results in the September quarter (Q2FY25).

Nifty Auto skids below 100-DMA; Bajaj Auto, Hero Moto can dip another 9%

Two-wheeler stocks bore the brunt of the selling pressure in auto on Thursday, as the Nifty Auto index plunged below its 100-DMA for the first-time in 18 months; Tech charts suggest more pain ahead.

Bajaj Auto, TVS, Hero slip up to 11% on below expectation festive demand

At 10:15 am, the BSE Auto index, the top loser among sectoral indices, was down 3 per cent, as compared to the 0.33 per cent decline in the BSE Sensex

Bajaj Auto Q2 results: Profit dips 31% to Rs 1,385 cr, revenue at Rs 13k cr

The domestic business achieved record-high revenue growth in double digits for the tenth consecutive quarter, driven by growth across motorcycles, commercial vehicles, and electric scooters

Festive season motorcycle sales fall short of expectations: Bajaj Auto

Motorcycle sales in the ongoing festive season so far are below expectations as demand is muted and the industry will be lucky if it sees 3-5 per cent growth compared to last year, Bajaj Auto Executive Director Rakesh Sharma said on Wednesday. While there are still about 15 more days to go for the festive sales this month, he said as a result of muted growth in motorcycles, the overall growth prospects of the two-wheeler industry could also be impacted for the full fiscal. "The responses in the motorcycle industry are a little bit muted in the sense that we thought that about 6 to 8 per cent growth will be there in the festive period, but it is not that much. It is 1-2 per cent, almost very similar to last year, same period," Sharma told reporters in an earnings call. The expectations were that by Dussehra the growth would be at about 6 to 8 per cent, he added. "There are still 15 days. We have noticed a lot of times that demand can become very compressed, and can surprise us even

Bajaj Auto Q2 results: PAT dips 31% to Rs 1,385 cr, revenue at Rs 13,247 cr

Total revenue from operations however rose to Rs 13,247 crore in the second quarter compared with Rs 10,838 crore in the year-ago period, Bajaj Auto said in a regulatory filing