Bajaj Auto Ltd.

BSE: 532977 | NSE: BAJAJ-AUTO
Large Cap | Automobile Two & Three Wheelers
9480.30
-96.30 (-1.01%)
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Bajaj Auto declines on registering 3% drop in February 2013 sales

Date: 04-03-2013

Bajaj Auto is currently trading at Rs. 1973.85, down by 49.60 points or 2.45% from its previous closing of Rs. 2023.45 on the BSE.

The scrip opened at Rs. 2030.00 and has touched a high and low of Rs. 2035.00 and Rs. 1966.60 respectively. So far 13990 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. 2039.15 and Rs. 1909.00 respectively. The current market cap of the company is Rs. 57251.26 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 has registered a 3% drop in its total vehicle sales in the month of February 2013. The company has sold 332,387 units in February 2013 as compared to 343,777 units in the same month last year, while the company’s sales from export out of the above stood at 135,149 units, a rise of 10% compared to 122,727 units in February 2012.

The company has sold 41,090 units of Commercial Vehicle (CV) in February 2013, registering a decline of 2% as compared to 41,816 in February 2012. Moreover, the total motorcycle sales for the month also witnessed a drop of 4% at 291,297 units from 301,961 units.

Further, for April-February 2013 period, the company’s total sales stood at 3,935,931 units a decline of 2% compared to 4,014,045 units for April-February 2012 period. The exports out of the above stood at 1,445,783 units, a drop of 2% compared to 1,472,133 units over the corresponding period.

Also, the company has sold 445,863 units of Commercial Vehicle in April-February 2013 period, registering decline of 7% as compared to 480,488 over the corresponding period. Moreover, the total motorcycle sales for the same period stood at 3,490,068 units compared to 3,533,557 units, a drop of 1%.