Bajaj Auto sales slip 13% in November

Bajaj Auto sales slip 13% in November

02/12/2016 12:09

Second-largest motorcycle manufacturer Bajaj Auto Ltd on Friday reported a fall of 13 per cent in its total sales in November this year at 2,69,948 units as against 3,09,673 units during the same period previous fiscal. The motorcycle sales of the company during November 2016, too, fell by 12 per cent to 2,37,757 units as compared to 2,70,886 units in the same month last year, Bajaj Auto Ltd said in a filing to the Bombay Stock Exchange on December 02, 2016. Further, it’s commercial vehicles sales during the month dropped by 17 per cent to 32,191 units from 38,787 units in the year-ago period. Further, the company’s exports dragged 16 per cent to 1,15,425 units as against 1,37,315 units during the same period previous fiscal, the company said.

Meanwhile, shares of the company were trading at Rs 2,677 apiece, down 0.30 per cent, from previous close on BSE at 12:12 hours.

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