Bajaj Auto gains on reporting 17% rise in April sales
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Bajaj Auto is currently trading at Rs. 9078.75, up by 171.00 points or 1.92 % from its previous closing of Rs. 8907.75 on the BSE.
The scrip opened at Rs. 8934.95 and has touched a high and low of Rs. 9099.95 and Rs. 8823.75 respectively. So far 10493 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 9356.00 on 02-Apr-2024 and a 52 week low of Rs. 4427.30 on 05-May-2023.
Last one week high and low of the scrip stood at Rs. 9120.00 and Rs. 8643.10 respectively. The current market cap of the company is Rs. 253745.08 crore.
The promoters holding in the company stood at 55.06 % while Institutions and Non-Institutions held 23.06 % and 21.88 % respectively.
Bajaj Auto has reported rise of 17% in total sales to 3,88,256 units in April 2024 as against 3,31,278 in the same month last year. Total domestic (2-WH + CV) sales increased by 17% to 2,49,083 units in April 2024 as compared to 2,13,172 units in April 2023. Total exports (2-WH + CV) increased by 18% to 1,39,173 units in April 2024 as compared to 1,18,106 units in April 2023.
Total domestic two-wheeler sales were up by 19% at 2,16,950 units in April 2024 as compared to 1,81,828 units in the year-ago month. Total domestic Commercial Vehicles sales stood at 32,133 units in April 2024 as against 31,344 units in April 2023, registering a rise of 3%.
Bajaj Auto is an Indian company which manufactures motorcycles, three-wheelers and quadricycles.
