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Bajaj Auto motorcycle sales fall 21% in February
Posted on 2nd March 2015
Bajaj Auto today reported a 21% decline in motorcycle sales at 2,16,077 units in February 2015.

The company had sold 2,73,323 units in the year ago period.

Bajaj Auto hits six-month low
Posted on 26th February 2015
Shares of Bajaj Auto have dipped 2.4% at Rs 2,128, its lowest level since August 2014 on the National Stock Exchange (NSE).

The stock of the country’s third largest two-wheeler maker has underperformed the market by falling 13% in past one month after reporting lower-than-expected vehicle sales for the month of January 2015. The CNX Nifty has declined about 1% during the period.

Bajaj Auto motorcycle sales fall 12% in January 2015
Posted on 2nd February 2015
India’s third largest two-wheeler maker Bajaj Auto on Monday reported a 12% decline in total motorcycle sales in January at 246,955 units as against 281,390 units posted in the same month last year.

Exports grew 4% during the reporting month at 142,992 units as compared to 137,644 last January.

PILs against quadricycle are instigated, says Bajaj Auto
Posted on 22nd January 2015
The half a dozen public interest suits filed in various courts across the country against the proposed launch of the four-wheeled transport vehicle called a quadricycle has been instigated, believes Pune-based Bajaj Auto.

Instigated, I think...I won’t like to say by whom, Kevin D’Sa, its president (finance) told analysts.

Bajaj net slides 5%, as do home sales, though exports keep up
Posted on 16th January 2015
Bajaj Auto, the country’s third biggest two-wheeler maker, reported a five per cent decline in net profit for the December quarter, hit by falling demand for its motorcycle range in the domestic market.

The Pune-based company posted net profit of Rs 861 crore, against Rs 905 crore in the same quarter a year before. The profit, however, beat the market estimate of Bloomberg, which expected it to be Rs 836 crore.

Bajaj Auto sales down 5.52 per cent in December
Posted on 2nd January 2015
Bajaj Auto on Friday reported 5.52 per cent decline in motorcycle sales to 2,46,233 units in December 2014.

The company had sold 2,60,645 motorcycle units in the year-ago period, Bajaj Auto Ltd. (BAL) said in a statement.

Markets may open higher; Infosys, HDFC Bank, Bajaj Auto in focus
Posted on 22nd December 2014
Markets are likely to open higher tracking gains in their Asian peers. However, some volatility may be expected later in the session as traders will remain cautious in a truncated week ahead of the F&O expiry on Wednesday.

For cues investors will also watch the US jobless data which is to be released later this week.

Bajaj Auto gains on bagging order from Sri Lankan government
Posted on 22nd December 2014
Bajaj Auto is trading higher by 2% at Rs 2,517 in early morning trades on BSE on after company has bagged an order for 1.25 lakh units of Discover-125M motorcycles from Sri Lankan government.

The company through its distributor David Pieris Motor Company in Sri Lanka had secured, after a detailed evaluation process by the Government of Sri Lanka, an order from them for supply of around 50,000 units of Discover-125M motorcycles, Bajaj Auto said in a statement.

Sensex closes 245 points higher as IT stocks rally
Posted on 20th December 2014
Mumbai: Both the benchmark S&P BSE Sensex and CNX Nifty continued to rally for the second consecutive session on Friday led by gains in IT stocks after global rival Accenture Plc raised its revenue forecast, while Reliance Industries Ltd (RIL) rose on bets it will roll out its telecom services in the next few months.

The 30-share Sensex closed 0.9%, or 245.27 points, higher at 27,371.84, while the National Stock Exchange’s broader barometer 50-share Nifty rose 0.81%, or 65.90 points, to end at 8,225.20 points.

Bajaj Auto secures order from Sri Lankan govt for 1.25 lakh bikes
Posted on 20th December 2014
Bajaj Auto Ltd, India’s largest exporter of motorcycles and three-wheelers, has secured an order for 125,000 units of its Discover 125M motorcycle from the Sri Lankan government through its distributor, David Pieris Motor Co. Ltd, the company said in a filing to BSE on Friday.

This is a repeat order by the Sri Lankan government. Bajaj Auto had earlier secured an order for 50,000 units of the model. Of this, it has already supplied 48,000 units. The company expects to execute the fresh order over the next three to four months.

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