Bajaj Auto gains on reporting 16% rise in August sales
Bajaj Auto is currently trading at Rs. 11005.70, up by 109.60 points or 1.01% from its previous closing of Rs. 10896.10 on the BSE.
The scrip opened at Rs. 10920.00 and has touched a high and low of Rs. 11151.00 and Rs. 10915.60 respectively. So far 9483 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 11151.00 on 2-Sep-2024 and a 52 week low of Rs. 4,613.30 on 01-Sep-2023.
Last one week high and low of the scrip stood at Rs. 11151.00 and Rs. 10336.60 respectively. The current market cap of the company is Rs. 307394.21 crore.
The promoters holding in the company stood at 55.06%, while Institutions and Non-Institutions held 23.01% and 21.93% respectively.
Bajaj Auto has reported rise of 16% in total sales to 3,97,804 units in August 2024 as against 3,41,648 in the same month last year. Total domestic (2-WH + CV) sales increased by 24% to 2,53,827 units in August 2024 as compared to 2,05,100 units in August 2023. Total exports (2-WH + CV) increased by 5% to 1,43,977 units in August 2024 as compared to 1,36,548 units in August 2023.
Total domestic two-wheeler sales were up by 30% at 2,08,621 units in August 2024 as compared to 1,60,820 units in the year-ago month. Total domestic Commercial Vehicles sales stood at 45,206 units in August 2024 as against 44,280 units in August 2023, registering a rise of 2%.
Bajaj Auto is an Indian company which manufactures motorcycles, three-wheelers and quadricycles