| Bajaj Auto Limited Related news |
Bajaj Auto gains 3% on plans to expand 3 wheeler & quadricycle capacity
Posted on 7th September 2018 |
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Shares of Bajaj Auto were up by 3% at Rs 2,875 per share on the BSE in an otherwise weak market after the company announced its plan to expand 3 wheelers & quadricycle capacity to 1 million per year as Government announced an end to permits. At the Society of Indian Automobile Manufacturers (SIAM) convention on Thursday, the Minister for Transport, |
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Analysts concerned about Bajaj Auto profitability
Posted on 23rd August 2018 |
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Bajaj Auto may have reported a 39% year-on-year increase in its domestic sales in the three months to June, but analysts are concerned about the Pune-headquartered firm’s profitability, given it has triggered a price war. The Bajaj Auto stock has lost 4% over the last one month and 9% over the last six months. The stock closed Tuesday’s trading session at Rs 2,727.55 on the BSE, down 0.24% over Monday’s close. |
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Bajaj Auto reports 30 per cent increase in July sales at 4,00,343 units
Posted on 1st August 2018 |
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New Delhi: Bajaj Auto on Wednesday reported 30 per cent increase in sales at 4,00,343 units in July. The company had sold 3,07,727 units in the year-ago month, Bajaj Auto said in a statement. Domestic sales were at 2,37,511 units as against 1,86,497 units, up 27 per cent, it added. |
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Bajaj Auto set to disrupt India’s motorcycle market in peak sale season
Posted on 30th July 2018 |
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Mumbai: India’s motorcycle market is set to witness a new round of competitive intensity as Bajaj Auto Ltd prepares to grow its share in the market for entry-level and premium motorcycles, according to analysts. Bajaj’s push for market share growth is already consuming its profit margins but the Pune-based company is undaunted and has set greater ambitions with aggressive product pricing, the analysts told Mint. |
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Bajaj and Honda neck and neck for No. 2 slot
Posted on 23rd July 2018 |
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The race for the No. 2 motorcycle manufacturer in the domestic market is almost mirroring a see-saw battle between Bajaj Auto and Honda Motorcycle and Scooter India (HMSI) since the beginning of FY18 and the battle continues on the same lines in the current fiscal also. The country’s annual 20-million-unit-strong motorcycle market has three major players — Hero MotoCorp with a market share of 51.5%, followed by Bajaj Auto at 15.6% and HMSI at 15.5%. |
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Bajaj Auto posts 21% jump in net at Rs 11 billion, shares slump 8.73%
Posted on 21st July 2018 |
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A robust growth in motorcycle and commercial vehicle volumes drove Bajaj Auto’s net profit by 21 per cent to Rs 11.15 billion in the April to June quarter, against Rs 9.24 billion a year ago. The net was lower than Rs 12.5-billion estimated by Bloomberg analysts. The company’s revenue rose 26.7 per cent to Rs 74.19 billion over a year-ago period, missing the consensus forecast of Rs 77.91 billion, too. |
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Bajaj Auto Q1 net rises 24% to Rs 10.4 billion on higher sales volume
Posted on 20th July 2018 |
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Bajaj Auto Ltd on Friday reported 24.5 per cent increase in consolidated net profit at Rs 10.41 billion for the first quarter ended June 30, 2018 riding on robust sales. The company had posted consolidated net profit of Rs 8.36 billion in the same quarter of the last financial year, Bajaj Auto said in a BSE filing. |
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Bajaj Auto's bike market share sees sharp rise in the June quarter
Posted on 16th July 2018 |
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Bajaj Auto, under pressure in the domestic motorcycle market for the last couple of years, reported a sharp 300 basis points increase in its market share in the June quarter over a year ago. The maker of Discover and Pulsar models saw its share go up to 16.27 per cent in the three months to June from 13.96 per cent in the year ago period. |
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Bajaj Auto hits two month high; stock surges 11% in 6 days
Posted on 6th July 2018 |
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Shares of Bajaj Auto hit a two month high of Rs 3,029 per share, up 2% on the BSE in early morning trade, extending their 9% rally in the past five days after reporting a healthy volume performance during the month of June 2018. The stock was trading at its highest level since May 2, 2018.
Bajaj Auto on Monday, said that its total sales grew 65% YoY at 404,429 units in June 2018, due to strong domestic performance in two-wheeler (2W) and three-wheeler (3W) segment led by new launches and healthy export 3W sales. |
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Bajaj Auto on the fast track as sales jump 65% to 4,04,429 units in June
Posted on 2nd July 2018 |
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Bajaj Auto on Monday reported a 65 per cent jump in total sales to 4,04,429 units for June. The company had sold 2,44,878 units in the same month a year ago. Its motorcycle sales also increased by 65 per cent to 3,37,752 units as against 2,04,667 in June last year, Bajaj Auto said in a BSE filing. |
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