Bajaj Auto Ltd.

Bajaj Auto is currently trading at Rs. 1792.10, up by 41.80 points or 2.39% from its previous closing of Rs. 1748.20 on the BSE.

The scrip opened at Rs. 1748.00 and has touched a high and low of Rs. 1802.00 and Rs. 1715.20 respectively. So far 35,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1839.00 on 29-Feb-2012 and a 52 week low of Rs. 1410.00 on 16-Jan-2012.

Last one week high and low of the scrip stood at Rs.1802.00 and Rs. 1709.00 respectively. The current market cap of the company is Rs. 51,796 crore.

The promoters holding in the company stood at 50.02% while Institutions and Non-Institutions held 24.62% and 25.31% respectively.

Bajaj Auto, the country’s second largest two-wheeler maker’s monthly sales excluding exports for August 2012 dipped by 10% at 3,44,906 units against 3,82,739 in the same month last year.  The exports for the month declined by 5% and the number of units sold were 1, 31,562 units against 1, 38,225 in the same period last year. The 3-wheeler exports were 22,300 units indicating near normalcy in Srilankan and Egyptian markets.

The company’s Motorcycle sales dipped 10% to 3, 04,352 units from 3, 38,054 units year ago period .The new Pulsar 200NS and Discover 125 ST registered a sales of 7,200 and 25,000 units respectively. While, commercial vehicles sales dropped by 9% to 40,554 units from 44,685 units

Recently, the company unveiled an upgraded version of its 650-cc sports bike, Kawasaki Ninja, following the launch of the Ninja 650R, which was introduced in June 2011. The company has priced the latest version at Rs 499,834 (ex-showroom) in Delhi. The new bike will be brought from Kawasaki’s Thailand facility in a semi-knocked-down (SKD) condition and assembled at Chakan.