Bajaj Auto rises nearly 3% on bourses

Bajaj Auto rises nearly 3% on bourses

05/06/2017 12:00

Shares of Bajaj Auto rebounded nearly 3 per cent on the Bombay stock Exchange amid surge in volume trade. The company has reported a 10 per cent decline in total vehicle sales in May at 3,13,756 units, compared to 3,47,655 units in the same month last year.

In line with benchmark indices, shares of the company gained as much as 2.80 per cent to hit intra-day high of Rs 2927.20 apiece on the Bombay Stock Exchange. The scrip was currently trading at Rs 2921.95 against previous close price of Rs 2846.10.

In a similar fashion, stocks of company were trading 2.60 per cent higher at Rs 2,927.05 apiece on the National Stock Exchange.

Meanwhile, the broader benchmark BSE Sensex was trading at 31,335.34, up 62.05 points or 0.20 per cent, at 11:50 hours.

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