Page 18 - Bajaj Auto

Bajaj Auto Q4 net profit jumps 35% to Rs 10.79 billion on robust sales

The company's total motorcycle sales (including exports) during the quarter rose 22 per cent to 856,389 units

Bajaj Auto Q4 net up 36% at Rs 11.75 bn, revenue rises to Rs 67 bn

The company's board recommended a dividend of Rs 60 per share (600% ) subject to approval of shareholders

Bajaj Auto FY18 Q3 net up 3.8% at Rs 10.13 bn, but misses estimates

Shares of Bajaj Auto were trading at Rs 3,245.55 apiece in the afternoon trade, down 4.81% from the previous close on BSE

Bajaj Auto slips 5% on poor Q3 results

The stock hit a new high of Rs 3,473, up 2% on BSE in intra-day trade, after the company reported 46% jump in total sales at 353,147 units in January.

Bajaj hoping to re-Discover the executive segment with new bike models

With the new models - the Discover 110c, priced at Rs 50,496 (ex-showroom, Maharashtra) and Discover 125cc, priced upwards of Rs 53,490

2018 Bajaj Discover 110, Discover 125 introduced: Price starts at Rs 50,176

Bajaj Auto today launched its new Discover 110 and Discover 125 models priced between Rs 50,496 and Rs Rs 56,314 (ex-showroom Maharashtra) with an eye on strengthening presence in premium executive segment. The Discover 110 model, powered by 115.5 cc engine will be available for Rs 50,496, while Discover 125 with a 124.5 cc power unit is priced between Rs 53,491 and Rs 56,314 for drum and disc version, respectively (Ex-showroom Maharashtra), the company said in a statement. Commenting on the launch, Bajaj Auto Ltd President (Motorcycles) Eric Vas said, "Bajaj has made a significant impact in the 100 cc segment with the Platina Comfortech & CT 100. The new Discover 110 and 125 bring first time ever features to customers in the 100-125 cc segment for a premium experience". The Discovers shall attract a whole new set of customers, who desire the benefits of modern technology, he added. The two new models' features include LED daytime running headlamps and digital ...

Bajaj Auto December sales up 30% to 292,547 units

Commercial vehicles sales zoomed to 63,785 units during the month compared to 22,217 units in the year-ago period

Bajaj Auto hits new high in an otherwise weak market

In past three months, Bajaj Auto has outperformed the market by gaining 22% against 5.5% rise in Sensex.

Bajaj Auto eyes 23% market share by end of FY18

Firm's sales took a hit in H1 this year on account of norms mandating transition to BS-IV emission standards and GST

Bajaj Auto on track to hit volume targets

After the goods and services tax (GST)-led disruption in the June quarter, Bajaj Auto posted improved volumes in the July-September period (Q2). But, beyond volumes, it is the product mix and cost management, which helped Bajaj Auto post better than expected operating performance, which also saw the stock gain over a per cent to close at Rs 3,257 on Tuesday.A 4 per cent year-on-year increase in volumes to 1.07 million units and similar gain in realisations helped the company posted an 8.6 per cent growth in revenues to Rs 6,579 crore in Q2. While revenues were lower than most estimates that had pegged the number at the Rs 6,700 crore, operating profit margins at 19.7 per cent were better than analyst estimates of about 19 per cent due to lower employee and other expenses as a proportion of sales as compared to the year ago quarter. In comparison to the year ago quarter, margins were down by 166 basis points. The margin performance came in despite a 12 per cent jump in raw material ...

Bajaj Auto Q2 net profit dips marginally to Rs 1,194 cr

Bajaj Auto's turnover inched up by 1% to Rs 6,863 crore from Rs 6,774 crore earned during Q2 of FY17

Bajaj Auto hits new high on September sales numbers

The stock hit a new high of Rs 3,208, up 3% on BSE after the company reported a highest ever total sales of 428,752 units in September

Bajaj Auto sales up 14% at 4.28 lakh units in September 2017

Bajaj Auto total sales at 3.35 lakh units in August 2017

Bajaj Auto: Exports improve, but domestic recovery more crucial

The Bajaj Auto stock was up four per cent on Friday after the company reported year-on-year growth in sales for the first time in six months. Led by seven per cent growth in exports, overall volumes in August was up three per cent to 3.35 lakh units compared to the year ago month. Commercial (three wheelers) vehicles sales, which accounted for 15 per cent of overall volumes, continue to do well both in the domestic as well as exports markets posting a growth of 12-13 per cent in both markets. However, for the street sentiment to improve further, it is crucial that the domestic volumes pick up for Bajaj Auto as it constitutes 60 per cent of volumes (exports is about 40 per cent).What, according to analysts, has stood out is the recovery in the two wheeler (motorcycle) exports segment. Two wheeler exports, which have been under pressure over the last few months, were up nearly seven per cent. Two wheeler exports have fallen in each month from May to July and the fall has been in the ...

Bajaj Auto seeks a Triumph: To break into niche market via tie-up

The tie-up will develop models at Bajaj's Maharashtra plant, sell them in India, global markets

Rahul Bajaj's sister gives up 'promoter' tag at Bajaj Auto

In a rare case of suo motu reclassification, Suman Jain, sister of Bajaj Auto chairman Rahul Bajaj, has tagged herself as an ordinary shareholder in the automaker.In the letter addressed to the chairman of Bajaj Auto, she claimed although she is an immediate relative of Bajaj, she doesn't have role to play in the daily operations of the company. This move will substantially reduce the regulatory obligations and the compliance liability of Jain as she will no longer be treated as an "insider" under Securities and Exchange Board of India (Sebi's) Prohibition of Insider Trading Regulations.Jain, who holds 0.36 per cent in the company, argued that she can't be termed a promoter by merely being the sister of the promoter. Legal experts say the move is significant as it could trigger open the door for more such reclassification. "Sebi may relax condition for re-classification in specific case, if it is satisfied about the non-exercise of control by the outgoing promoter," said Yogesh ...

Incremental gains from a Bajaj Auto-Triumph partnership

Analysts estimate alliance to hit volumes of 50,000 units by FY21

Bajaj Auto, Triumph Motorcycles ink pact to develop mid-range bikes

New partnership will enable Triumph to expand global reach by entering higher market volume segments

Bajaj Auto is betting on high-end Husqvarna to woo upscale buyers

Firm willing to go far to capture new sales at a time when its traditional market is stagnating

Bajaj Auto close to forming an alliance on motorbikes, says CFO Kevin D'sa

When asked about product segment that the alliance would be in, D'sa said it would be in motorcycles