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Bajaj Auto shines on plan to commence production of first four-wheeler ‘RE60’ in current fiscal

Bajaj Auto Ltd. | Automobile Two & Three Wheelers | Automobiles | BSE: 532977 | NSE: BAJAJ-AUTO

08 Apr 2013 Evaluate

Bajaj Auto is currently trading at Rs. 1715.85, up by 18.95 points or 1.12% from its previous closing of Rs. 1696.90 on the BSE.

The scrip opened at Rs. 1701.00 and has touched a high and low of Rs. 1727.00 and Rs. 1701.00 respectively. So far 5,423 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2228.95 on 03-Jan-2013 and a 52 week low of Rs. 1423.10 on 18-Jul-2012.

Last one week high and low of the scrip stood at Rs. 1818.45 and Rs. 1657.50 respectively. The current market cap of the company is Rs. 49,651 crore.

The promoters holding in the company stood at 50.02% while Institutions and Non-Institutions held 25.34% and 24.62% respectively.

Bajaj Auto, the second-largest motorcycle manufacturer, would commence production of its first four-wheeler - the RE60 - in the current financial year. The company had unveiled the RE60 at the Delhi Auto Expo last year. Only after the government gave an in-principle approval for the creation of a new class of vehicles known as the quadricycles, the company took the decision of commencing the production.

RE60 will eliminate the negatives of three-wheeler and passenger vehicles, while encapsulating their positives like fuel efficiency of more than 35 km per litre and lower green house gas emissions.

Bajaj Auto is a $2.3 billion company founded in 1926. It 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

9777.15 -46.60 (-0.47%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Bajaj Auto	9777.15
Hero MotoCorp	5229.25
TVS Motor	3743.60
Eicher Motors	7189.40
Ather Energy	850.65
View more..

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Bajaj Auto shines on plan to commence production of first four-wheeler ‘RE60’ in current fiscal

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