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Bajaj Auto to hike motorcycle prices by upto Rs 5000 in next few days

04 Oct 2013 Evaluate

Motorcycle manufacturer Bajaj Auto is planning to hike motorcycle prices in the range of Rs 500-Rs 5,000 in the next few days. The company, back in September, disclosed its intent of raising product prices to offset the impact of high input costs and a weak rupee.

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.

Peers
Company Name CMP
Bajaj Auto 10032.50
TVS Motor Company 4022.00
Hero MotoCorp 5080.00
Eicher Motors 7059.00
OLA Electric Mobilit 36.69
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