Bajaj Auto Sales

Nuvama bets on M&M, TVS Motor & Uno Minda ahead of November auto sales data

On the bourses, M&M has gained about 6% over the past month, while Uno Minda has surged more than 6%. On the flipside, TVS Motor dropped over 1%. In comparison, BSE Auto index declined nearly 2.5%

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

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).

Bajaj Auto Q2FY25 preview: Revenue may climb upto 25% YoY on strong volumes

Analysts are optimistic about major revenue growth for Bajaj Auto, driven by robust volume increases and effective pricing strategies.

Auto Bet: Bajaj, M&M, Escorts Kubota may lead August sales, says Nuvama

Within the 2W segment, analysts believe, mass-market original equipment manufacturers (OEMs) such as Honda, Hero Moto Corp, Bajaj Auto, and TVS are anticipated to perform well.

Need to hike provision for deferred tax by Rs 211 cr, says Bajaj Auto

Bajaj Auto Ltd on Monday said it will need to increase its provision for deferred tax by Rs 211 crore due to the withdrawal of indexation benefit and change in the tax rate on long-term capital gains on debt mutual fund. The company invests its surplus funds into a range of asset classes, including debt mutual funds. It was making accounting provisions for deferred tax as per applicable law on fair value gains on these investments, Bajaj Auto said in a regulatory filing. A one-time impact will be made while computing the profit after tax, and reporting the financial results for Q2 of FY25, it added. Bajaj Auto said the Finance (No 2) Act 2024 withdraws the indexation benefit on long-term capital gains on debt mutual funds purchased before 1 April 2023. "Further, the tax rate with respect to long-term capital gains for the said asset class has been changed from 20 per cent plus surcharge and cess (with indexation) to 12.5 per cent plus surcharge and cess (without indexation)," it ..

Bajaj Auto receives 6,000 orders for its newly-launched CNG motorbike

Bajaj Freedom, a sports motorcycle with a 124 cubic capacity engine, was launched earlier this month with a starting price of Rs 95,000

Bajaj Auto Q1 Preview: Two-wheeler maker may see revenue growth of 14-15%

Analysts anticipate robust double-digit revenue growth driven by ongoing volume recovery, particularly in rural areas.

Bajaj Auto strikes 'Tiger Zinda Hai' note as first CNG bike hits the road

Bajaj Auto launches world's first CNG-powered bike Freedom 125 at Rs 95k

M&M, Bajaj Auto: Nomura's preferred picks ahead of May sales data

May auto sales preview: Nomura analysts expect passenger vehicle (PV) wholesales to grow by 6 per cent on a year-on-year (Y-o-Y) basis to 355,000 units.

Buy Muthoot Finance, Sell Titan June futures, recommends Religare Broking

Muthoot Finance has been in a steady uptrend for over 10 months, consistently forming higher highs and lows with a gradual increase in volumes

Bajaj Auto appoints Abraham Joseph as MD of its EV arm Chetak Technology

Bajaj Auto Ltd on Tuesday made key leadership changes with Abraham Joseph appointed as Managing Director of its electric vehicle arm -- Chetak Technology Ltd. As part of the strategy to accelerate technological innovation and further strengthen its position in existing and emerging mobility segments, the company also said Ramtilak Ananthan has been named as Chief Technology Officer of Bajaj Auto Ltd (BAL). Joseph is a Bajaj Auto veteran with over 35 years of experience, the company said in a statement. Under his leadership, Chetak Technology Ltd (CTL) will pivot to become a high-tech organisation focused on developing core competencies across the spectrum of cutting-edge automotive technologies. "CTL will explore the potential of hydrogen vehicles, further expanding Bajaj Auto's ability to deliver technologically differentiated products," it added. As CTO of BAL, Joseph has been instrumental in leading the development of brands like Pulsar and overseeing the creation of numerous .

Bajaj Auto logs 16% Y-o-Y boost in Dec sales on high domestic demand

Pune-based Bajaj Auto said that it recorded a 26 per cent jump in two-wheeler (2Ws) domestic sales (Y-o-Y) in December at 158,370 units

Bajaj Auto October sales: Domestic 2W, CV sales up, exports take a hit

Bajaj Auto reported the highest-ever domestic commercial vehicle sales in October 2023, which were up 39%

Bajaj Auto Ltd Q2FY24 result: Net profit rises to Rs 2020 cr; revenue up 6%

The company's total income for Q2FY24 came in at Rs 11,206.84 crore, compared to Rs 10,536.56 crore year-on-year

Bajaj Auto September sales: Domestic 2W sales down 9% YoY; CV sales up 60%

Domestic commercial vehicle (CV) sales for Bajaj Auto grew by 60 per cent Y-o-Y as the automaker sold 50,683 units in September 2023, compared to 31,752 units sold in September 2022

Bajaj Auto July sales: Total sales down 10% YoY, 2W sales dip 14%

2W exports were also down 16% YoY which came down from 150,670 in July 2022 to 126,850 in July 2023

Bajaj Auto to set up first overseas manufacturing plant in Brazil

According to Executive Director Rakesh Sharma, the proposed plant is likely to come up in Manaus Special Economic Zone in northern Brazil and commence production in the next 12 months

Bajaj Auto net profit up 41.35% YoY at Rs 1,644 cr, revenue rises 29.4%

Sales also saw a year-on-year jump of 10 per cent to reach 1,027,091 units

Chetak EV domestic sales grow over 4-fold to 36,260 units: Bajaj Auto

Bajaj Auto's domestic sales of its electric scooter Chetak grew over four-fold to 36,260 units in FY23, with the easing of global semiconductor shortage, according to the company's latest annual report. In FY22, Chetak electric scooter clocked sales of 8,187 units, as per Bajaj Auto's Annual Report for 2022-23. "The global semiconductor shortage that affected the industry, right up to the first quarter of FY2023 also affected the Chetak. Thus, despite market demand, Bajaj Auto could not produce the quantities needed right up to the end of Q1 FY2023," it said. Thereafter, Bajaj Auto said, "the supply-side constraints eased, and we increased the manufacturing of the Chetak". The iconic brand Chetak was re-introduced in the market as an electric scooter in FY2021. In the year ended March 2021, domestic sales of Chetak EV were at 1,395 units. The Chetak is currently sold through 105 dealers present across 84 cities, the report said. In his address to shareholders, Bajaj Auto Chairman