Page 11 - Bajaj Auto

Bajaj Auto Q2 preview: Ebitda may rise up to 34% YoY, margins seen flat

Bajaj Auto Q2: Brokerages tracking the company expect it to report a double digit sequential growth in net profit on the back of healthy volume-based sales during the quarter

Sensex sheds 844pts in late sell-off, Nifty breaks 17,000; IT index down 2%

CLOSING BELL: Sectorally, apart from the BSE IT index, which declined 2 per cent, the Consumer Durables, Metal and Realty indices were the other major losers

Pricing hurdle may hit Hero MotoCorp's entry into EV segment: Brokerages

Volume trajectory in the festive season is a key near-term trigger

Bajaj Auto buys back 6.4 mn shares worth Rs 2,499.97 cr at Rs 4,600 apiece

Bajaj Auto Ltd on Monday said it has bought back over 64 lakh shares from public shareholders for Rs 2,499.97 crore under its share buyback exercise. The company, which had commenced the share buyback on July 4, 2022, said its Buyback Committee at its meeting held on Monday approved the completion and closure of the exercise from October 10, 2022. In a regulatory filing, Bajaj Auto said it has bought back 64,09,662 equity shares, utilising an aggregate amount of Rs 2,499.97 crore. The total amount earmarked for the purpose was up to Rs 2,500 crore. The company's board at its meeting held on June 27, 2022 had approved the proposal for buyback of the fully paid up equity shares of face value of Rs 10 each from existing shareholders except promoters, promoter group and persons in control of the company from open market at a price not exceeding Rs 4,600 per share. After the completion of the buyback exercise, Bajaj Auto said shareholding of promoters and promoter groups has increased

Sharp rise in e-scooter registrations, penetration close to inflexion point

Ather Energy leads with a 4x increase in registrations in August; Hero Electric crosses the 10,000 mark once again, after a gap of over four months

Bajaj Auto's total vehicle sales rise 8% to 401,595 units in August

Bajaj Auto total vehicle sales grew 8 per cent on an annual basis to 4,01,595 units in August, the company said on Thursday. The Pune-based automaker had sold a total of 3,73,270 vehicles in August 2021. Total domestic sales rose 49 per cent to 2,56,755 units in the month under review, from 1,72,595 units in August 2021. The two-wheeler exports volume fell 28 per cent to 1,44,840 units in August this year, from 2,00,675 units in the year-ago period, the company said in a statement. Two-wheeler total sales, including exports, grew 5 per cent to 3,55,625 vehicles in August 2022, as against 3,38,310 units dispatched in the same month year earlier. Two-wheeler domestic sales, according to the company, rose 48 per cent to 2,33,838 units in August this year, as compared to 1,57,971 units in the year-ago period. The two-wheeler exports volume plunged 32 per cent to 1,21,787 units, from 1,80,339 units in the same month of 2021, it said. The company also registered a 31 per cent growth i

SBI, DLF, Bajaj Auto, Manappuram look good on charts post RBI policy

Manappuram Finance has so far on Friday post RBI rate hike has logged its biggest intra-day gain this year, the stock along with DLF, SBI and Bajaj Auto can rally up to 14 per cent in the near term.

Bajaj Auto two-wheeler sales drop by 5% to 3,15,054 units in July

Bajaj Auto on Monday reported a 5 per cent drop in its total two-wheeler sales at 3,15,054 units in July 2022

TMS Ep224: UPI-credit card link, monkeypox, auto firms' results, DESH Bill

Will UPI on credit cards take off? Should India be worried about monkeypox? Will easing chip shortage perk up auto firms' Q1 commentary? What is the DESH Bill? All answers here

Will easing chip shortage perk up auto firms' Q1 commentary?

Amid lukewarm Q1 result of Bajaj Auto, we drive into the world of autos, interpret Bajaj Auto's performance and ask analysts what they expect from Maruti Suzuki and Tata Motors results today.

Bajaj Auto Q1 results: Exports boost net profit by 11%, revenue up 8%

Net profit during the quarter rose 11 per cent year-on-year to Rs 1,173 crore in the June quarter over Rs 1,061 crore

2-wheeler makers accelerate global expansion plans as exports gain traction

The domestic slowdown and growing acceptability of Made-in-India brands offer opportunities to accelerate the drive to global markets

Sensex sheds 498 pts, Nifty below 16,500; Infy slips 3.5%, Axis Bank 3%

CLOSING BELL: Equity markets settled near the low point of the day as investors chose to stay on the sidelines ahead of the US Federal Reserve's monetary policy outcome on Wednesday

Bajaj Auto Q1FY23 results: Net profit up 11% YoY to Rs 1,173 cr, revenue 8%

Bajaj Auto Q1 review: Auto major Bajaj Auto clocked 8.3 per cent rise year-on-year (YoY) in total revenue from operations to Rs 8,004.97 crore in June quarter results (Q1FY23) on a standalone basis.

Chip crunch, high RM to dent Bajaj Auto's margins in Q1FY23, say analysts

Analysts, on average, expect the revenue to fall up to 7 per cent quarter-on-quarter (QoQ) to Rs 7,416 crore in Q1FY23.

Stocks to watch: Asian Paints, Bajaj Auto, Tata Steel, Axis Bank, Lupin

Stocks to watch today: Asian Paints, Bajaj Auto will report their June quarter results (Q1FY23) on Tuesday, July 26; Lupin received approval from USFDA to market medication for high blood pressure.

Bajaj Auto Q1 results: How was company's performance in last four quarters

In Q4FY22, Bajaj Auto recorded a net profit of Rs 1,468.95 crore, up over 250 crores from the Q3FY22

Top 20 dividend-paying firms raise shareholder rewards in FY22: Experts

Vedanta, for instance, is majority-owned by Vedanta Resources, led by billionaire Anil Agarwal

2-wheeler stocks in top gear as chip woes ease; EV transition key: Analysts

Analysts expect 2Ws to reflect strong volumes in Q2FY23 amid strong pent-up demand, and improved mobility in June quarter 2022 (Q1FY23)

Bajaj Auto looks to sell its e-scooter Chetak from 75 locations in FY23

Witnessing a robust demand for its electric scooter Chetak, Bajaj Auto plans to scale up the sales infrastructure for the model to 75 locations across the country in the current fiscal.