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Bajaj Auto climbs on higher sales
Posted on 10th June 2015
Shares of Bajaj Auto have gained over 1.5% at Rs 2,217 on the Bombay Stock Exchange (BSE) on back of the sales from the auto major’s two forgotten bike brands, CT 100 and Platina.

Since January, the combined sales of Bajaj Auto in the entry level no-frills segment shot up to 80,000 units a month from an average of 35,000 units per month. Further, the market share of bikes in this segment has also gone up to 40%, an increase of 16% during this period. These brands were discontinued by the company 11 years ago.


Bajaj Auto sales skid 2% in May
Posted on 2nd June 2015
Bajaj Auto today reported a 2% decline in total sales in May at 3,45,438 units against 3,51,436 units in the same month last year.

Motorcycle sales during the month dropped 4% at 3,01,862 units as against 3,13,020 units in May last year, the company said in a BSE filing.


Bajaj Auto Q4 net declines 19% as volumes disappoint
Posted on 22nd May 2015
Bajaj Auto on Thursday reported an 18.58% year-on-year (y-o-y) fall in Q4 FY15 net profit to Rs 622 crore. The company posted a 4.35% y-o-y drop in turnover to Rs 4,894 crore as volumes fell 16.36% to 7,82,669 units.

Operating Ebitda dropped 9.02% to Rs 937 crore while profit before tax declined 13.99% to Rs 922 crore. Ebitda margin for Q4 was 19.4%, dragged down largely due to one-off-expenses, including loss on account of a fire at the Akurdi plant in January 2015 and increase in gratuity charge to Rs 90 crore due to actuarial valuation, the company said.


Bajaj Auto Q4 profit falls 18.5% to Rs622 crore
Posted on 21st May 2015
Mumbai: Bajaj Auto Ltd’s net profit dropped 18.5% to Rs.622 crore from Rs.764 crore a year ago for the quarter ended 31 March, as it sold fewer motorcycles in domestic and overseas markets.

The earnings lagged market estimates. A Bloomberg poll of 31 brokerages had estimated a net profit of Rs.668 crore.


Bajaj , HDFC frame 'insider trading' codes, others to follow
Posted on 16th May 2015
With new insider trading norms coming into force on Friday, a host of companies, including Bajaj Auto, HDFC Bank, HDFC and YES Bank, have framed their codes of conduct to regulate and report stock trades by promoters, top executives, their relatives and connected persons.

Besides, Aurobindo Pharma, Axis Bank, BEML, Jubilant Life Sciences, Ashok Leyland, Tata Communi-cations, JK Lakshmi Cement and Hindustan Motors have formulated their respective Codes of Conduct, according to exchange data.


Bajaj Auto sales up 1% in April
Posted on 5th May 2015
Bajaj Auto Ltd on Monday reported one per cent increase in total sales in April at 3,36,274 units as against 3,31,529 units in the same month last year.

Motorcycle sales during the month declined by five per cent at 2,85,791 units as against 2,99,636 units in April last year, the company said.


Bajaj Auto sales up 1 percent in April
Posted on 4th May 2015
Bajaj Auto Ltd today reported one per cent increase in total sales in April at 3,36,274 units as against 3,31,529 units in the same month last year.

Motorcycle sales during the month declined by 5 per cent at 2,85,791 units as against 2,99,636 units in April last year, the company said in a statement.


Bajaj Auto expands Pulsar portfolio
Posted on 29th April 2015
Two wheeler manufacturer Bajaj Auto is now targeting emerging sport bike category with more offerings. The company today unveiled the Pulsar Adventure Sport series with Pulsar AS 200 and Pulsar AS150 along with Pulsar Rs 200. It will expand the category further in the next few months. The adventure sport bike category - AS200 and AS150 - are priced at Rs 80,570 and Rs 91000(ex-showroom Pune). The RS200 is priced at Rs 1.21 lakh for the non-ABS version and at Rs 1.33 lakh for the ABS version, ex-showroom, Pune.

Bajaj Auto expands Pulsar range
Posted on 15th April 2015
Bajaj Auto, on Tuesday, expanded its Pulsar range in the adventure sport motorcycle category, AS200 and AS150, priced at Rs 79,000 and Rs 91,550 (ex-showroom Delhi).

The Pulsar Adventure Sport series is launched targeting the young bikers, and the company will expand the category further in the next few months, said Managing Director Rajiv Bajaj. “We sell almost 60,000 Pulsars a month across categories.”


Bajaj, Hero stake claim for most fuel-efficient motorcycle
Posted on 13th April 2015
Mumbai: On 7 April, the readers of the national dailies—The Times of India and Hindustan Times—woke up to full-page advertisements from the Delhi-based two-wheeler market leader Hero MotoCorp Ltd.

“World’s most fuel-efficient bike,” announced the advertisement featuring the Splendor iSmart, a 110cc motorcycle with a claimed mileage of 102.5 km/l.


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