Bajaj Auto sales up marginally by 1% in October

Bajaj Auto sales up marginally by 1% in October

02/11/2016 16:25

Second-largest motorcycle manufacturer Bajaj Auto Ltd on Wednesday reported a marginal growth of 1 per cent in its total sales in October this year at 3,56,168 units as against 3,52,822 units during the same period previous fiscal. The motorcycle sales of the company during October 2016, however, fell to 3,07,892 units as compared to 3,08,733 units in the same month last year, Bajaj Auto Ltd said in a filing to the Bombay Stock Exchange on November 02, 2016. It’s commercial vehicles sales during the month grew by 9 per cent to 48,276 units from 44,089 units in the year-ago period. Further, the company’s exports dropped by 8 per cent to 1,17,387 units as against 1,27,645 units during the same period previous fiscal, the company said.

Meanwhile, shares of the company closed at Rs 2,817.65 apiece, down 0.25 per cent, from previous close on BSE.

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