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Infosys, Bajaj Auto, Hero MotoCorp, Yes Bank, Zee Entertainment hit 52-week high
Posted on 3rd June 2016
Infosys, Asian Paints, Bajaj Auto, Hero MotoCorp, IndusInd Bank, Yes Bank, Kotak Mahindra Bank and Zee Entertainment Enterprises are eight stocks from the Nifty 50 index touching their respective 52-week highs on the National Stock Exchange (NSE) in intra-day trade today.

Of these, five stocks - Infosys, Asian Paints, IndusInd Bank, Kotak Mahindra Bank and Yes Bank are quoting at their lifetime highs on the NSE.


Bajaj Auto motorcycle sales up 2% in May
Posted on 2nd June 2016
Bajaj Auto today reported a 2% increase in motorcycle sales at 3,07,344 units for May as compared with 3,01,862 units in the year-ago month.

The company's total vehicle sales last month stood at 3,47,655 units, up 1%, as against 3,45,438 units in the same month a year earlier, the two-wheeler major said in a BSE filing.


Bajaj Auto gains post Q4 results
Posted on 25th May 2016
Bajaj Auto has moved higher by 5% to Rs 2,505 on the BSE after the company reported 29% year on year (YoY) jump with net profit at Rs 803 crore for the quarter ended March 2016 (Q4FY16), on the back of strong operational performance. The two-wheeler maker posted a profit of Rs 622 crore in the same quarter year ago.

The company’s turnover grew 13% at Rs 5,536 crore on YoY basis.


Bajaj Auto pips TVS Motors, regains no.3 spot after 2 years
Posted on 3rd May 2016
Pune-based two and three-wheeler maker Bajaj Auto has regained the number 3 spot, displacing Chennai-based TVS Motors after a gap of nearly 24 months.

Powered by new model launches in recent months — such as Avenger and V15 (promoted by INS Vikrant) — Bajaj's all-motorcycle line-up beat TVS Motors in April sales, which has motorcycles, scooters and mopeds in its line-up.


Bajaj Auto motorcycle sales up 2% in April
Posted on 2nd May 2016
Bajaj Auto today reported a 2% increase in motorcycle sales at 2,91,898 units in April compared with 2,85,791 units last year.

However, Bajaj Auto's exports declined 36% during the month to 1,03,976 units from 1,61,598 units in the corresponding period a year ago, the two-wheeler major said in a statement.


Bajaj Auto aims to sell 3 lakh three-wheelers this fiscal
Posted on 19th April 2016
Bajaj Auto on Tuesday said that it aims to sell three lakh three-wheelers in the current fiscal, a growth of over 17% over the last fiscal.

The Pune-based firm sold 2,54,967 three-wheelers during the 2015-16 fiscal.


Bajaj Auto, KTM AG ready to extend network in Indonesia
Posted on 9th April 2016
After a successful foray into the India market, Bajaj Auto and KTM AG are set to extend their network into Indonesia. The partnership plans to sell Duke and RC motorcycles in one of the biggest motorcycle markets in South East Asia.

Bajaj reached an agreement with KTM AG of Austria to extend its distribution network in Indonesia and expand business in this growing by price sensitive market in South East Asia. The arrangement will involve KTM branded Duke and RC motorcycles up to a displacement of 400 cc, which are developed and assembled by the Austrian-Indian JV.


Bajaj Auto targets to export 10,000 units of Qute in FY17
Posted on 7th April 2016
Bajaj Auto on Thursday said it expects to export 10,000 units of its quadricycle Qute in the ongoing fiscal even as the mini four-wheeler awaits clearance for sale in India.

The company had introduced Qute in October and exported a total of 334 units to 19 markets including Turkey, Russia, Indonesia and Peru in 2015-16, Bajaj Auto President Business Development and Assurance S Ravikumar said in a statement.


Bajaj Auto to ready a Royal Enfield rival
Posted on 4th April 2016
Royal Enfield's dominance in the middle-weight motorcycle category might soon have competition from Bajaj Auto.

According to Bajaj Auto, the third largest two-wheeler manufacturer in the country, the 350-600cc motorcycle market Royal Enfield operates in has enough room for more players to come in. When asked if Bajaj Auto would get into this space, Rajiv Bajaj, managing director, Bajaj Auto, said, "Definitely. Every mature segment becomes a two-horse race eventually in any given market.


Bajaj Auto trades ex-dividend
Posted on 16th March 2016
Bajaj Auto is trading 1% higher at Rs 2,250 (adjusted to dividend) on the BSE as the stock turned ex-dividend today, for an interim dividend of Rs 50 per share.

The board of directors of the two-and-three wheeler manufacturer at its meeting held on March 09, 2016, had declared an interim dividend at the rate of Rs 50 per equity share of Rs 10 each (i.e. 500 %), for the financial year ending March 31, 2016 (FY16).


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