Page 14 - Bajaj Auto

Bajaj Auto reports 16% drop in total sales to 3,16,020 units in Feb

Bajaj Auto on Wednesday reported a 16 per cent drop in its total sales to 3,16,020 units in February. The company had sold 3,75,017 units in February 2021. Domestic sales last month stood at 1,12,747 units as against 1,64,811 units, down 32 per cent, Bajaj Auto said in a regulatory filing. Total two-wheeler sales declined 16 per cent to 2,79,337 units compared to 3,32,563 units in February last year. Total commercial vehicle sales slipped 14 per cent to 36,683 units against 42,454 units in the same month last year, the company said. Exports last month also witnessed a decline of 3 per cent to 2,03,273 units from 2,10,206 units in the corresponding month last year, it added.

Rahul Bajaj, former chairman of Bajaj Group, passes away at 83

Rahul Bajaj resigned as the chairman of Bajaj Auto in April last year and was the Chairman Emeritus of the firm

Auto shares on fast-track; TVS Motor, Hero MotoCorp rally up to 5%

At 10:42 am; Nifty Auto index, the top gainer among sectoral indices, was up 1.6 per cent, as compared to 0.39 per cent decline in the Nifty50 index.

Bajaj Auto posts 15% decline in sales to 363,443 units in January

Exports of two-wheelers stood at 1,87,934 units as compared with 2,27,532 units in the year-ago month, down 17 per cent

Sensex falls for 3rd straight day, sheds 634 pts; Nifty holds 17,750

Analysts, however, expect markets to recover from here on as they have reached their key support zones.

Stocks to Watch: HUL, Bajaj Auto, Mastek, Ceat, OFSS, SBI, M&M, RBL Bank

Asian Paints, Bajaj Finserv, Bajaj Holdings, Biocon, Century Textiles, Havells India, Hindustan Unilever, Bank of Maharashtra, MphasiS, Persistent Systems and Shoppers Stop to announce results today.

Bajaj Auto's Q3 net profit declines 22% on weak domestic volumes

The company took a price increase of 1-1.2 per cent in the third quarter. It expects to take a similar amount in the current quarter

Bajaj Auto Q3 results: Net profit falls 22% to Rs 1,214 cr

Revenue from operations in Q3FY22 marginally rose to Rs 9,022 cr

Sensex sheds 656 pts, Nifty ends below 18K amid weak global cues; PSBs soar

Stock market LIVE: Sector-wise, only Auto, metals and energy stocks were trading higher. Meanwhile, Nifty IT index, down nearly 2 per cent , was still the biggest loser. .

Stocks to Watch: Bajaj Auto, RIL, Just Dial, Bajaj Fin, Tata Motors, Telcos

Aptech, Bajaj Auto, Ceat, JSW Energy, L&T Infotech, Mastek, Oracle Financial Services, Rallis India, Saregama and Tata Communications to announce December quarter results on Wednesday

New year cheer for indices! Sensex above 59K, up 929 pts; Nifty atop 17,600

The gains came even as India's manufacturing activity lost some momentum in December, with the Manufacturing PMI easing to a three-month low of 55.5

Bajaj Auto retail sales drop 3% in December; two-wheeler sales slip 6%

Total exports (both two-wheelers and commercial vehicles) also declined 7 per cent

Tata Motors, Bajaj Auto: Near-term headwinds may keep auto shares volatile

Going ahead, analysts at Motilal Oswal Financial Services see easing semiconductor supplies supporting PV wholesales, but the two-wheeler segment will take time to recover

Bajaj Auto says its overseas sales rise 30% to 2.5 mn units in 2021

Bajaj Auto on Monday said it sold 30 per cent more vehicles in the overseas market at over 2.5 million units in calendar year 2021 over the year earlier despite the challenging global environment. The 2.5-million vehicles exports in 2021 were also the highest ever for the company in a calendar year, Bajaj Auto Ltd said in a statement. Bajaj exports its vehicles to over 70 countries. Two-wheeler exports for CY 2021 stood at an impressive over 2.2 million units while three-wheeler and quadricycle sales added another 0.3 million plus units, it said. Stating that the 125cc plus segment contributed 41 per cent of two-wheeler volumes in CY 2021, Bajaj Auto said its flagship sports motorcycle brand Pulsar achieved its highest ever export sales. Pulsar continues to consolidate its leadership position in key countries across the globe like Colombia, Mexico, Argentina, Guatemala, Peru, Turkey, Bangladesh, Nepal and Egypt, the company said. Besides, Dominar grew 49 per cent last year owing

Stocks to Watch: HUL, Bajaj Auto, NTPC, Dish TV, IRB Infra, FMCG shares

Hindustan Unilever and the FMCG pack will be in focus as distributors in Maharashtra plan to stop supply HUL products in phases from Jan 1, also rural demand for FMCG has been weak in Dec quarter

Bajaj Auto sets up Rs 300 crore EV manufacturing facility in Pune

Akurdi is the site of the original Chetak scooter factory that made Bajaj Auto a household name in India

Bajaj Auto to set up Rs 300 crore EV manufacturing facility in Pune

Bajaj Auto Ltd on Wednesday said it will set up an electric vehicle manufacturing facility at Akurdi in Pune with an investment of Rs 300 crore. The facility, for which the work has already commenced, will have the capacity to produce 5,00,000 Electric Vehicles (EVs) per annum and cater to both domestic and exports markets, the company said in a release. The first vehicle from the new unit, spread over half-a-million square feet space, is expected to be rolled out by June 2022. The unit will employ around 800 personnel. Akurdi is the site of the original Chetak scooter factory. "In 2001, Bajaj 2.0 took off on the roaring Pulsar, in 2021, Bajaj 3.0 arrived on the charming Chetak. Going forward, for the Bajaj portfolio, except for implementing one state-of-the-art ICE (Internal Combustion Engine) platform that is currently under development, all our R&D drive train resources are now laser focused on creating EV solutions for the future. "This alignment reflects our belief that ...

Wipro replaces Bajaj Auto in the Sensex; two-wheeler major skids 5%

Meanwhile, the Supreme Court last week dismissed a plea by Bajaj Auto against AAP government's decision to issue 4,261 new permits only to e-autos

SC upholds Delhi govt's decision to issue 4,261 new permits only to e-autos

Residents of Delhi are badly affected by the air pollution, undoubtedly a part of which is contributed by vehicles, says SC while dismissing Bajaj Auto's plea

18 top holdco shares gain 40% so far this year, twice that of Sensex

Holding company discount in India could narrow in the long-run, says HDFC Securities