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Bajaj Auto secures order for supply of 1.25 lakh units of Discover-125M

20 Dec 2014 Evaluate

Bajaj Auto has secured a repeat order from Government of Sri Lanka through its distributor in Sri Lanka ‘David Pieris Motor Company’ for supply of 1.25 lakh units of Discover-125M. The company expects to execute in next 3-4 months.

The company had earlier through ‘David Pieris Motor Company’ secured an order for supply of approximately 50,000 units of Discover-125M motorcycles. The company has already supplied 48,000 units successfully against this order.

Bajaj Auto is a $2.3 billion company founded in 1926. It 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.

Peers
Company Name CMP
Bajaj Auto 10032.50
TVS Motor Company 4022.00
Hero MotoCorp 5080.00
Eicher Motors 7059.00
OLA Electric Mobilit 36.69
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