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Bajaj Auto hits new high on strong January sales
Posted on 2nd February 2018
Bajaj Auto hit a new high of Rs 3,473, up 2% on BSE in early morning trade, after the company reported healthy sales growth for January, with total sales jumping 46% at 353,147 units over the previous year. It had sold total 241,917 units in the same month last year.

The company’s overall motorcycles sales jump 36% year on year (YoY) at 288,936 units.


Bajaj Auto union seeks Rahul Bajaj’s intervention to resolve dispute
Posted on 31st January 2018
Bajaj Auto labour union president Dilip Pawar’s indefinite hunger strike entered the second day on Tuesday. Workers affiliated to the Vishwa Kalyan Kamgar Sanghatana also boycotted breakfast and lunch at the company canteen on Monday and Tuesday. Pawar wrote to Bajaj Auto chairman Rahul Bajaj seeking his intervention to resolve pending issues of wage revision settlement, termination of eight workers in 2013 and transfer of six workers in 2016.

Bajaj Auto eyes big jump in sales with new & refurbished models
Posted on 11th January 2018
Bajaj Auto, which had overlooked its line-up in the executive segment of motorcycles (or bikes between the price range of Rs 50,000-60,000), on Wednesday re-launched Discover 110cc and a refurbished Discover 125cc. The company claimed while it now sells about 8,000 units in the executive segment per month, the aim is to ramp this up 10-fold to 70,000 units within a year. Eric Vas, president (motorcycles), Bajaj Auto, said, “In a year’s time, we want to sell around 70,000 units in the executive segment every month.

In a war of words between Bajaj Auto and Royal Enfield, Maruti Suzuki walks away in smiles! Here’s what happened
Posted on 5th December 2017
Ad wars in the automotive space are quite common in Europe and US but not so much in India. That, however, doesn't mean that things are completely boring here. Siddhartha Lal, CEO, Eicher Motors, recently tweeted that Royal Enfield's sales are equivalent to the global sales of Harley-Davidson, KTM, BMW, Triumph and Ducati combined. Yes, he actually said that! Rajiv Bajaj, Managing Director, Bajaj Auto, responded to the tweet through a statement to Business Standard, saying "By measuring solely on the basis of volumes at the exclusion of pricing power, it would seem that Maruti Suzuki is above and beyond brands like Mercedes, BMW, Audi and Porsche put together."

Bajaj Auto sales rise 21% in November; motorcycle sales up 11%
Posted on 1st December 2017
Bajaj Auto on Friday reported a 21 per cent increase in total sales in November at 3,26,458 units as against 2,69,948 units in the same month last year.

Motorcycle sales grew by 11 per cent to 2,63,970 units in November 2017 against 2,37,757 units in November 2016, the company said in a BSE filing.


Bajaj Auto hits new high in an otherwise weak market
Posted on 30th November 2017
Bajaj Auto hit a new high of Rs 3,372, up 1.7% on the BSE in intra-day trade in an otherwise weak market. At 10:18 AM; the stock was the top gainer among the Sensex, up 1% at Rs 3,354. On comparison, the S&P BSE Sensex was down 0.69% at 33,371.

In past three months, Bajaj Auto has outperformed the market by gaining 22% against 5.5% rise in the benchmark index.


Bajaj Auto launches Pulsar NS200 priced at Rs 1.09 lakh
Posted on 2nd November 2017
Bajaj Auto on Thursday introduced a new variant of its performance motorcycle model Pulsar NS200 equipped with enhanced safety feature ABS, priced at Rs 1.09 lakh (ex-showroom Delhi).

The Pulsar NS200 is powered by a 200-cc liquid cooled engine.


Bajaj Auto Q2 net profit dips marginally to Rs 1,194 cr
Posted on 17th October 2017
MUMBAI: Bajaj Auto today reported a marginal decline in consolidated net profit at Rs 1,193.58 crore for the September quarter, 2017-18.

The Pune-based company had reported a consolidated net profit of Rs 1,200.72 crore for the July-September period of last fiscal.


Bajaj Auto sales rev up but will margins follow suit?
Posted on 4th October 2017
Bajaj Auto Ltd has shifted into the fast lane in September, ending a long ride in the slow lane. Motorcycle sales bounced back while its commercial vehicle (three-wheeler) segment revved up growth. This does signal an improvement in prospects, assuming sales growth sustains, but what is equally important is whether this can translate into higher profit margins.

Domestic motorcycle sales in September comprised 58% of total sales during the month, and rose by 7.3% over a year ago. This has come after 10 successive months of declining sales growth. Better still, Bajaj Auto has regained some lost share—rising from 18% a year ago to 20%—and the management is confident that it can increase further to 25% by end-fiscal year 2018 (FY18).


Bajaj Auto hits new high on September sales numbers
Posted on 3rd October 2017
Bajaj Auto hits a new high of Rs 3,208, up 3% on BSE after the company reported a highest ever total sales of 428,752 units in September against 376,765 units sold in the same month last year. The company recorded sales growth of 14% in September, its highest monthly sales growth rate since March 2016.

Bajaj Auto’s commercial vehicles sales were up 32% at 59,074 units as against 44,789 in the corresponding month last year. Motorcycle sales were at 369,678 units as against 331,976 in the year-ago month, up 11%, the company said in a statement.


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