Bajaj Auto gains on bagging order from Sri Lankan government
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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.
The company has already supplied 48,000 units successfully against this order. The company has now secured a repeat order from them through the company's distributor in Sri Lanka for the supply of 1.25 lakh (numbers) Discover-125M, which the company expects to execute in next 3-4 months, it added.
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