Bajaj Auto is currently trading at Rs. 2350.25, up by 7.80 points or 0.33% from its previous closing of Rs. 2342.45 on the BSE.
The scrip opened at Rs. 2364.00 and has touched a high and low of Rs. 2371.45 and Rs. 2331.05 respectively. So far 6,807 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2655.00 on 23-Jul-2015 and a 52 week low of Rs. 1913.80 on 30-Apr-2015.
Last one week high and low of the scrip stood at Rs. 2481.80 and Rs. 2331.05 respectively. The current market cap of the company is Rs. 68,008.00 crore.
The promoters holding in the company stood at 49.29% while Institutions and Non-Institutions held 25.89% and 24.81% respectively.
Bajaj Auto is planning to roll out a series of new products, double capacity at one of its factories and launch a new brand this year. The country's second largest producer of motorcycles will launch new products in the budget (100cc), executive (110-150cc) and sports (150cc and above) segments, despite the broadly sluggish demand.
A budget motorcycle under an existing brand is also to be launched later this month and a new product in the Rs 1-2 lakh category under the Pulsar brand. Currently, the Pulsar RS200 is the only model priced above Rs 1 lakh.
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.
