Bajaj Auto Ltd.

BSE: 532977 | NSE: BAJAJ-AUTO
Large Cap | Automobile Two & Three Wheelers
9427.75
-52.55 (-0.55%)
< Home < Back

Bajaj Auto strengthens on reporting 4% rise in May 2014 sales

Date: 02-06-2014

Bajaj Auto is currently trading at Rs 1975.05, up by 21.90 points or 1.12% from its previous closing of Rs 1953.15 on the BSE.

The scrip opened at Rs 1954.00 and has touched a high and low of Rs 1990.95 and Rs 1929.10 respectively. So far 4585 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 2193.85 on 17-Oct-2013 and a 52 week low of Rs 1683.35 on 28-Aug-2013.

Last one week high and low of the scrip stood at Rs 2013.60 and Rs 1930.00 respectively. The current market cap of the company is Rs 56517.72 crore.

The promoters holding in the company stood at 50.02% while Institutions and Non-Institutions held 25.68% and 24.30% respectively.

Bajaj Auto, the second-largest motorcycle manufacturer has registered a 4% rise in total sales to 351,436 units in May 2014 against 339,348 units in May 2013. The sales of the motorcycles increased by 3% and stood at 313,020 units in the month under review against 304,780 units in May 2013. The company has reported 11% rise in Commercial Vehicles sales which stood at 38,416 units as compared to 34,568 units in month of May 2013.

Meanwhile, the company’s total exports out of the above stood at 156,179 units, an increase of 40% as compared to 111,835 units sold in the corresponding month last year.

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.