Page 15 - Bajaj Auto

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

Bajaj Auto pips Hero MotoCorp to become No 1 motorcycle maker in November

The Pune-based firm sold a total of 337,962 units in November in the domestic and exports market against the 329,185 units sold by Hero MotoCorp

Bajaj Auto's November sales decline 10% amid weak domestic demand

Two-wheeler sales in the world's largest market have been under pressure for the last two years

Market wrap: 6% rally in RIL stock powers gains for Sensex and Nifty

RIL shares rise as board approves restructuring plan; Bajaj Auto's m-cap falls below Rs 1-trillion mark; India Inc to show significant EBITDA growth in next 12-18 months, says Moody's

Bajaj Auto's m-cap falls below Rs 1-trn as shares hit lowest level in 2021

In the past one month, Bajaj Auto has underperformed the market by falling 10 per cent due to weak demand environment

IT major Wipro to replace Bajaj Auto in Sensex, effective December 20

IIFL Alternative Research estimates Wipro to see passive inflows of $166 million and Bajaj Auto to see outflows of $80 million on account of the rebalancing

Street signs: Traders eye 18,400 on Nifty, go short on Bajaj Auto, and more

Market watchers say traders have mounted bullish bets on optimism that the index will touch 18,400

Indian 2-wheeler makers not as lightweight as startups may think: Bajaj MD

Takes a dig at newcomers in the EV space at the launch of the all-new Pulsar 250, points to several differences between legacy firms and startups

Sensex tanks 1,159pts on broad-based sell-off; Nifty ends below 17,900

Financials led by PSU banks, realty, metal and FMCG shares where the major losers in trade. All NSE sectoral indices ended with losses of more than a per cent

Bajaj Auto's Q2 net rises 12% on strong exports, beats estimates

Higher input costs drag margins down to 16.4%

Bajaj Auto second quarter after-tax profit rises 71% to Rs 2,040 crore

Exports of two-wheelers stood at 5,41,767 units as compared to 4,14,271 units in the second quarter last fiscal, a growth of 31 per cent

Stocks to Watch: Bajaj Auto, Axis Bank, ITC, Maruti, L&T, SBI Life, Cipla

The broader markets may swing to the global cues, while individual stocks are likely to react to corporate earnings and company specific developments in trade today

Bajaj Auto launches updated version of Dominar 400 tagged at Rs 2.16 lakh

Bajaj Auto on Monday said it has launched the updated version of its bike Dominar 400 priced at Rs 2.16 lakh (ex-showroom).

Uttarakhand: As rains subside, manufacturing units of automakers resume ops

Will take some time to restore normalcy, say auto suppliers