Bajaj Auto moves up on reporting 18% jump in September sales

03 Oct 2011 Evaluate

The scrip is currently trading at Rs 1538.05, up by 3.70 points or 0.24% from its previous closing of Rs 1534.35 on the BSE.

The scrip opened at Rs 1532.00 and has touched a high and low of Rs 1546.95 and Rs 1504.00 respectively. So far 11956 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 1694.90 on 06-Sep-2011 and a 52 week low of Rs 1189.60 on 09-Feb-2011.

Last one week high and low of the scrip stood at Rs 1565.50 and Rs 1486.00 respectively. The current market cap of the company is Rs 44399.03 crore.

The promoters holding in the company stood at 50.02% while Institutions and Non-Institutions held 23.90% and 26.01% respectively.  

Bajaj Auto, the country’s second largest two wheeler maker reported its highest ever monthly sales at 4,17,686 units for September, 2011 against 3,52,769 units in the corresponding month last year recording jump of 18%. The sales of Motorcycle stood at 3,71,208 units during the month, as against 3,14,515 in September last year, translating into 18% increase.

The commercial vehicle sales stood at 46,478 units last month, as against 38,254 units in the same period last year, up 21%. Exports grew by 39% during July this year to 1,41,913 units from 1,01,960 units in the same month last year.

Bajaj Auto’s profit for the quarter ended June 30, 2011 rose 20.49% at Rs 711.06 crore as compared to Rs 590.15 crore for the corresponding quarter last year. Its net sales has grown by 22.73% at Rs 4586.91 crore for the quarter under review from Rs 3737.29 crore for the same quarter last year.

Bajaj Auto Share Price

9100.90 133.75 (1.49%)
31-May-2024 16:01 View Price Chart
Peers
Company Name CMP
Bajaj Auto 9100.90
Hero MotoCorp 5119.60
TVS Motor 2190.00
Eicher Motors 4775.50
Atul Auto 514.00
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