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Bajaj Auto reports 31% rise in February sales

01 Mar 2018 Evaluate

Bajaj Auto has registered a jump of 31% in total sales to 3,57,883 units in February 2018 against 2,73,513 units in February 2017. The company’s total exports out of the above stood at 1,43,860 units, a gain of 26% as compared to 1,14,404 units sold in the corresponding month last year.

The sales of the motorcycles increased by 21% and stood at 2,97,514 units in the month under review against 2,44,958 units in February 2017. The company has reported 111% jump in commercial vehicles sales, which stood at 60,369 units as compared to 28,555 units in month of February 2017.

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.

Peers
Company Name CMP
Bajaj Auto 9861.10
TVS Motor Company 3920.20
Hero MotoCorp 4991.10
Eicher Motors 6960.00
OLA Electric Mobilit 36.30
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