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Bajaj plans Rs 500-cr capex in 18 months; new Pulsar by January

24 Oct 2011 Evaluate

The country's second-largest motorcycle-maker Bajaj Auto will invest Rs 500 crore to add capacity and develop a new variant of the flagship Pulsar over the next 18 months. The company had already spent Rs 150 crore last year. The proposed capex will include development cost of the new Pulsar, which will be based on a new technology, and will be launched in December/January.

Peers
Company Name CMP
Bajaj Auto 10069.85
TVS Motor Company 4021.45
Hero MotoCorp 5173.00
Eicher Motors 6949.85
OLA Electric Mobilit 37.09
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