Bajaj Auto gains on launching 115 cc bike Platina 110
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Bajaj Auto is currently trading at Rs. 3899.00, up by 21.65 points or 0.56% from its previous closing of Rs. 3877.35 on the BSE.
The scrip opened at Rs. 3874.00 and has touched a high and low of Rs. 3908.05 and Rs. 3824.70 respectively. So far 11505 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4361.20 on 04-Feb-2021 and a 52 week low of Rs. 1793.10 on 24-Mar-2020.
Last one week high and low of the scrip stood at Rs. 3973.20 and Rs. 3751.70 respectively. The current market cap of the company is Rs. 112476.96 crore.
The promoters holding in the company stood at 53.70%, while Institutions and Non-Institutions held 22.19% and 24.11% respectively.
Bajaj Auto has launched 115 cc bike Platina 110 in the country priced at Rs 65,920 (ex-showroom). The bike comes with ABS (anti-lock braking system) and other features like Nitrox spring-on-spring suspension as well as tubeless tyres. The new Platina 110 ABS offers unmatched safety by offering riders complete control over unforeseen braking scenarios.
The brand Platina has an unmatched proposition of comfort with over 70 lakh satisfied customers as a testament to its segment-leading attributes and now with the addition of ABS, it remains a generation ahead of its competitors.
Bajaj Auto is world’s fourth largest two and three-wheeler manufacturer. Bajaj Auto has three plants in all, two at Waluj and Chakan in Maharashtra and one plant at Pant Nagar in Uttaranchal.
