Tag: Bajaj Auto Ltd

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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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.

Sensex slips below 26,000-mark; Tata Motors drops nearly 3.92%

24/11/2016 13:33

Indian equity benchmarks continued to trade in the negative territory during the afternoon session on Thursday with speculators liquidating positions as today being the last day of November month derivatives expiry.

Also, concerns rose over looming US monetary tightening may impact foreign capital flows to Asia’s third biggest economy, and weakness in Rupee against US dollar, too influenced domestic sentiment.

At 1:08 hours, the 30-share barometer index of Bombay Stock Exchange, Sensex was at 25,916.68, down by 135.13 points or 0.52 per cent while the NSE Nifty was at 7,985.75, down by 47.55 points or 0.59 per cent.

Meanwhile, selling pressure was witnessed mainly in the oil & gas and auto sector stocks.

Major show spoilers were Tata Motors Ltd. (Rs. 452.90,-3.92%), NTPC Ltd. (Rs. 156.10,-2.41%), ICICI Bank Ltd. (Rs. 259.75,-1.98%), Reliance Industries Ltd. (Rs. 989.10,-1.80%), Sun Pharmaceutical Industries Ltd. (Rs. 689.55,-1.64%), among others.

The top gainers of the BSE Sensex pack were Infosys Ltd. (Rs. 938.05,+1.91%), Tata Consultancy Services Ltd. (Rs. 2186.05,+1.36%), Wipro Ltd. (Rs. 453.45,+1.18%), Bajaj Auto Ltd. (Rs. 2625.95,+1.16%), Power Grid Corporation of India Ltd. (Rs. 183.90,+1.13%), among others.

The market breadth, indicating the overall strength of the market, was positive. On BSE, out of the total 2,550 shares traded, 1,255 advanced while 1,117 shares declined and 178 remained unchanged.

On the global front, Asian markets were mixed after Fed minutes showed that officials saw a stronger case for monetary tightening relatively soon amid an improvement in the labour market, with some FOMC members calling for an interest rate hike as soon as December.

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.