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Bajaj auto inches up on joining hand with Yulu to bring a micro-mobility revolution

26 Nov 2019 Evaluate

Bajaj Auto is currently trading at Rs. 3203.00, up by 7.30 points or 0.23% from its previous closing of Rs. 3195.70 on the BSE.

The scrip opened at Rs. 3196.00 and has touched a high and low of Rs. 3227.15 and Rs. 3174.55 respectively. So far 6918 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3289.50 on 01-Nov-2019 and a 52 week low of Rs. 2400.00 on 29-Jul-2019.

Last one week high and low of the scrip stood at Rs. 3227.15 and Rs. 3119.25 respectively. The current market cap of the company is Rs. 92655.32 crore.

The promoters holding in the company stood at 53.52%, while Institutions and Non-Institutions held 23.84% and 22.64% respectively.

Bajaj auto has joined hand with Yulu, the largest shared e-mobility service provider, to transform urban commute in India. The company is investing $8 million in YULU, to compliment this strategic relationship. Yulu will source from Bajaj electric two-wheelers which have been co-designed and manufactured exclusively for shared micro-mobility.

The company will also consider facilitating the vehicle finance needs of YULU for a large scale deployment of its micro-mobility electric vehicles. This technology-driven approach is key to continuously increase operational efficiency and help reduce traffic congestion in a meaningful way.

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

9760.05 -81.95 (-0.83%)
29-Jun-2026 10:13 View Price Chart
Peers
Company Name CMP
Bajaj Auto 9760.05
Hero MotoCorp 4866.50
TVS Motor Co 3509.45
Eicher Motors 7500.00
Ather Energy 1013.95
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