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Bajaj Auto catches speed on inking global partnership pact with Triumph

08 Aug 2017 Evaluate

Bajaj Auto is currently trading at Rs. 2972.20, up by 82.20 points or 2.84% from its previous closing of Rs. 2890.00 on the BSE.

The scrip opened at Rs. 2900.00 and has touched a high and low of Rs. 2973.65 and Rs. 2879.85 respectively. So far 59768 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3122.00 on 09-Sep-2016 and a 52 week low of Rs. 2510.00 on 15-Nov-2016.

Last one week high and low of the scrip stood at Rs. 2901.00 and Rs. 2789.00 respectively. The current market cap of the company is Rs. 84246.31 crore.

The promoters holding in the company stood at 49.30%, while institutions and non-institutions held 25.81% and 24.88% respectively.

Bajaj Auto and Triumph motorcycles have entered into global partnership pact. The objective of this non-equity partnership is to deliver a range of outstanding mid-capacity motorcycles benefiting from the collective strengths of both companies.

The partnership will bring to bear upon global markets the individual strengths of the partners including brand position & perception, design & development technology, quality & cost competitiveness & worldwide distribution.

This new global partnership will enable Triumph to significantly expand its global reach by entering new higher volume market segments, especially within the emerging markets across the world. Bajaj will gain access to the iconic Triumph brand, and its great motorcycles, enabling it to offer a wider range of motorcycles within its domestic market and other international markets.

Bajaj Auto 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.

Bajaj Auto Share Price

10710.85 104.10 (0.98%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Bajaj Auto 10710.85
Hero MotoCorp 5321.50
TVS Motor 3692.45
Eicher Motors 7300.10
Ather Energy 915.00
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