Bajaj Auto gains on reporting 30% rise in December sales

02 Jan 2018 Evaluate

Bajaj Auto is currently trading at Rs. 3320.50, up by 27.10 points or 0.82% from its previous closing of Rs. 3293.40 on the BSE.

The scrip opened at Rs. 3314.85 and has touched a high and low of Rs. 3344.50 and Rs. 3285.25 respectively. So far 6,415 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3381.00 on 26-Dec-2017 and a 52 week low of Rs. 2556.00 on 02-Jan-2017.

Last one week high and low of the scrip stood at Rs. 3379.55 and Rs. 3285.00 respectively. The current market cap of the company is Rs. 96,084.00 crore.

The promoters holding in the company stood at 49.30%, while Institutions and Non-Institutions held 26.04% and 24.66% respectively.

Bajaj Auto has registered a jump of 30% in total sales to 2,92,547 units in December 2017 against 2,25,529 units in December 2016. The company’s total exports out of the above stood at 1,43,038 units, a gain of 35% as compared to 1,05,804 units sold in the corresponding month last year.

The sales of the motorcycles increased by 13% and stood at 2,28,762 units in the month under review against 2,03,312 units in December 2016. The company has reported 187% jump in commercial vehicles sales, which stood at 63,785 units as compared to 22,217 units in month of December 2016.

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

9144.90 -26.50 (-0.29%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Bajaj Auto 9144.90
Hero MotoCorp 4717.20
TVS Motor 2151.45
Eicher Motors 4024.25
Atul Auto 480.00
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.