Page 10 - Bajaj Auto

Two-wheeler sales growth muted in Dec on dull rural demand, high inflation

Top-5 players post a combined sales growth of just 3% YoY; experts expect recovery to take some time

Bajaj Auto sales dip 22% to 281,486 units in Dec 2022, exports down 36%

Bajaj Auto Ltd on Monday reported a 22 per cent decline in total sales to 2,81,486 units in December 2022. The company posted a total sales of 3,62,470 units in December 2021, Bajaj Auto said in a statement. The two-wheeler sales slipped 23 per cent to 2,47,024 units from 3,18,769 units in the year-ago month, it added. In the domestic market, two-wheeler sales dipped 2 per cent to 1,25,525 last month compared to 1,27,593 units in December 2021. Exports of two-wheelers stood at 1,21,499 units against 1,91,176 units a year ago, down 36 per cent. Commercial vehicle sales were also down 21 per cent at 34,462 units against 43,701 units in December 2021. In the domestic market, commercial vehicle sales rose 25 per cent to 23,030 units from 18,386 units in the same month the previous year, the company said. However, exports of commercial vehicles declined 55 per cent to 11,432 units in December 2022 compared to 25,315 units in the year-ago month, Bajaj Auto said.

Move to block Rs 1,100 crore subsidy for EV players arbitrary, says SMEV

Manufacturers had already been passed on subsidy amounts to customers, can't sustain any further and are planning go stop operations

RBI Policy: Time to be selective in rate sensitives; keep DLF, SBI on radar

As per the charts, SBI and DLF need to conquer the near resistances at Rs 620 and Rs 420, respectively, for fresh gains to emerge.

Bajaj Auto total sales in November decline 19% YoY to 306,552 units

Bajaj Auto on Thursday reported a 19 per cent decline in total sales at 3,06,552 units in November, compared to 3,79,276 units in the same month a year ago. Total sales in the domestic market stood at 1,52,716, down 4 per cent from 1,58,755 units in the same month last year, the company said in a regulatory filing. Bajaj Auto said its exports last month were down 30 per cent at 1,53,836 units, as against 2,20,521 units in the same month last year.

Three-wheelers take charge in auto industry's electrification race

Over half all three-wheeler registrations are of electric vehicles; Surge in e-rickshaws puts category miles ahead of two-wheelers

Pvt banks, IT drag Sensex 230pts down, Nifty below 18,350; Paytm tanks 10%

CLOSING BELL: Among the Sensex 30 shares, Titan, M&M, Maruti, HDFC and Bajaj Finserv were the major per centage losers.

Stocks to watch: Bajaj Auto, RIL, Paytm, Aurobindo Pharma, NMDC, Page Inds

Stocks to watch today: Aurobindo Pharma received EIR from USFDA for its manufacturing facility in Andhra Pradesh; Softbank plans to offload around 29 million shares of Paytm via block deals

Bajaj Auto eyes south east Asia to take e-scooter space by storm

Bajaj's presence in this market in ICE vehicles has been limited till now because the region is essentially a step-through two-wheeler and scooter market

TVS Motor outperforms two-wheeler peers Hero, Bajaj in Sept quarter

Sector to see volume, margin gains on demand uptick, easing supply issues

Bajaj Auto total sales decline 10% YoY in October

On a sequential basis, the company's total sales rose 0.12% from 3,94,747 units sold in September 2022

Bajaj Auto's total sales fall 10% to 395,238 units in Oct, exports down 31%

Bajaj Auto Ltd on Tuesday reported a 10 per cent decline in total sales at 3,95,238 units in October. The company had sold a total of 4,39,615 units in the same month last year, Bajaj Auto Ltd (BAL) said in a statement. Total domestic sales were up 11 per cent at 2,42,917 units last month as against 2,18,565 units in October 2021, it added. However, exports were down 31 per cent at 1,52,321 units as against 2,21,050 units in the year-ago month. Domestic two-wheeler sales grew 4 per cent at 2,06,131 units as compared to 1,98,738 units in the same month a year ago, BAL said. On the other hand, two-wheeler exports declined 29 per cent at 1,35,772 units as against 1,92,565 units in October 2021. Total commercial vehicles sales rose 10 per cent at 53,335 units last month as against 48,312 units in the corresponding period last year. Domestic sales of commercial vehicles grew 86 per cent at 36,786 units as compared to 19,827 units in the same month last year. Exports were, however, do

TVS, Eicher Motors may be the best bets among two-wheeler stocks; check why

On the other hand, Bajaj-Auto and Hero Moto Corp need to adhere their key supports levels to keep the positive bias intact.

Sensex zooms 491 pts, Nifty tops 17,300; PSBs soar, Electronics Mart up 42%

CLOSING BELL: Sectorally, the Nifty PSU Bank index climbed 3.6 per cent, Nifty Bank index 1.6 per cent, Nifty Financial Services and Private Bank indices up to 1.5 per cent

Bajaj Auto gains 2% in a weak mkt after net profit climbs 20% YoY in Q2FY23

The management expects Q3 to be better than Q2 with supply chain visibility being much better

Stocks to Watch: HDFC Bank, Electronics Mart, Bajaj Auto, Axis Bank, DMart

Stocks to watch today: Electronics Mart will make its debut on the bourses today. As per IPO Watch, the company could list with a healthy premium of up to 50% over issue price of Rs 59 apiece

Bajaj Auto shifts gear, logs 20% rise in profits; revenue jumps 16%

Consolidated net profit declines 15%

Bajaj Auto Q2 results: Net profit falls 16% to Rs 1,719 cr as exports slip

Bajaj Auto on Friday reported a 16 per cent decline in its consolidated net profit to Rs 1,719 crore for the September quarter, hit by a 25 per cent dip in overseas shipments. The Pune-based company had posted a consolidated net profit of Rs 2,040 crore in the July-September quarter of the previous fiscal. Total revenue from operations, however, rose to Rs 10,203 crore in the September quarter against Rs 8,762 crore in the year-ago period, Bajaj Auto said in a regulatory filing. On a standalone basis, the company posted a net profit of Rs 1,530 crore in the second quarter compared to Rs 1,275 crore in the corresponding period of the last fiscal. The company said its total sales during the second quarter rose 1 per cent to 11,51,012 units from 11,44,407 units in the same period last fiscal. The domestic sales of two and three-wheelers stood at 6,94,375 units in the September quarter, up 30 per cent from 5,32,216 units a year ago. Exports fell 25 per cent to 4,56,637 units in the s

Sensex jumps 685pts, Nifty ends near 17,200; Infosys, HDFC, HDFC Bank shine

CLOSING BELL: A sharp pull-back in the US overnight triggered the relief rally in our markets on Friday. Benchmark indices however pared gains in the latter half of the trading day.

Stocks to watch: Infosys, Mindtree, Bajaj Auto, Shree Cement, Power Mech

Stocks to watch today: Bajaj Auto & Shree Cement will post September quarter (Q2FY23) results on Friday, October 14; Infosys posted 11 per cent YoY rise in consolidated net profit to Rs 6,021 cr in Q2