Bajaj Auto is currently trading at Rs. 2343.50, down by 45.85 points or 1.92% from its previous closing of Rs. 2389.35 on the BSE.
The scrip opened at Rs. 2390.00 and has touched a high and low of Rs. 2420.05 and Rs. 2325.00 respectively. So far 9709 shares were traded on the counter.The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2690.00 on 24-Nov-2014 and a 52 week low of Rs. 1796.00 on 04-Feb-2014.
Last one week high and low of the scrip stood at Rs. 2441.50 and Rs. 2325.00 respectively. The current market cap of the company is Rs. 67776.99 crore.
The promoters holding in the company stood at 50.02% while Institutions and Non-Institutions held 25.76% and 24.20% respectively.
Bajaj Auto, the second-largest motorcycle manufacturer has registered 9% drop in total sales to 2,88,746 units in January 2015 against 3,18,171 units in January 2014. The sales of the motorcycles decreased by 12% and stood at 2,46,955 units in the month under review against 2,81,390 units in January 2014. However, the company has reported 14% rise in Commercial Vehicles sales which stood at 41,791 units as compared to 36,781 units in month of January 2014.
Meanwhile, the company’s total exports out of the above stood at 1,42,992 units, an increase of 4% as compared to 1,37,644 units sold in the corresponding month last year.
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.
