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Bajaj Auto gains on unveiling Discover 125T

11 Jul 2013 Evaluate

Bajaj Auto is currently trading at Rs 1878.95, up by 24.35 points or 1.31% from its previous closing of Rs 1854.60 on the BSE.

The scrip opened at Rs 1870.00 and has touched a high and low of Rs 1885.00 and Rs 1869.95 respectively. So far 3381 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 1916.50 and Rs 1839.20 respectively. The current market cap of the company is Rs 54506.62 crore.

The promoters holding in the company stood at 50.02% while Institutions and Non-Institutions held 25.21% and 24.75% respectively.

In a bid to widen its portfolio in the executive 125cc segment, Bajaj Auto, India’s second largest motorcycle manufacturer, has launched Discover 125T under its successful ‘Discover’ brand. Discover 125T is priced at Rs 54,022 (ex-showroom Chennai) for disc brake variant, while Rs 57,070 (ex-showroom Chennai) for the drum version. The motorcycle is equipped with a long seat and nitrox twin shock absorbers. In the year 2012, the company has sold over 4.50 lakh units of Discover 100T and 125ST.

Recently, the company unveiled its premium motorcycle ‘Duke 390cc’, the second variant under the Bajaj-KTM tie up for Rs 1.83 lakh (ex-showroom Chennai). The Duke 390 combines 43.5 Ps of power, 35 Nm of torque and a host of features like ABS, Metzeler tyres, aluminum swing arm, aluminum alloy wheels.

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 0.00 (0.00%)
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
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