Bajaj Auto declines on reporting marginal fall in December sales
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Bajaj Auto is currently trading at Rs. 8639.55, down by 162.40 points or 1.85% from its previous closing of Rs. 8801.95 on the BSE.
The scrip opened at Rs. 8769.95 and has touched a high and low of Rs. 8770.00 and Rs. 8550.00 respectively. So far 10156 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 12772.15 on 27-Sep-2024 and a 52 week low of Rs. 6560.05 on 02-Jan-2024.
Last one week high and low of the scrip stood at Rs. 9178.50 and Rs. 8550.00 respectively. The current market cap of the company is Rs. 241342.80 crore.
The promoters holding in the company stood at 55.04%, while Institutions and Non-Institutions held 23.07% and 21.88% respectively.
Bajaj Auto has reported marginal fall of 1.13% in total sales to 3,23,125 units in December 2024 as against 3,26,806 in the same month last year. Total domestic (2-WH + CV) sales decreased by 15% to 1,62,420 units in December 2024 as compared to 1,90,919 units in December 2023. Total exports (2-WH + CV) increased by 18% to 1,60,705 units in December 2024 as compared to 1,35,887 units in December 2023.
Total domestic two-wheeler sales were down by 19% at 1,28,335 units in December 2024 as compared to 1,58,370 units in the year-ago month. Total domestic Commercial Vehicles sales stood at 34,085 units in December 2024 as against 32,549 units in December 2023, registering a rise of 5%.
Bajaj Auto is an Indian company which manufactures motorcycles, three-wheelers and quadricycles.
