Page 2 - Bajaj Auto

TVS Motor outperforms two-wheeler peers Hero, Bajaj in Sept quarter

Sector to see volume, margin gains on demand uptick, easing supply issues

Bajaj Auto total sales decline 10% YoY in October

On a sequential basis, the company's total sales rose 0.12% from 3,94,747 units sold in September 2022

Bajaj Auto's total sales fall 10% to 395,238 units in Oct, exports down 31%

Bajaj Auto Ltd on Tuesday reported a 10 per cent decline in total sales at 3,95,238 units in October. The company had sold a total of 4,39,615 units in the same month last year, Bajaj Auto Ltd (BAL) said in a statement. Total domestic sales were up 11 per cent at 2,42,917 units last month as against 2,18,565 units in October 2021, it added. However, exports were down 31 per cent at 1,52,321 units as against 2,21,050 units in the year-ago month. Domestic two-wheeler sales grew 4 per cent at 2,06,131 units as compared to 1,98,738 units in the same month a year ago, BAL said. On the other hand, two-wheeler exports declined 29 per cent at 1,35,772 units as against 1,92,565 units in October 2021. Total commercial vehicles sales rose 10 per cent at 53,335 units last month as against 48,312 units in the corresponding period last year. Domestic sales of commercial vehicles grew 86 per cent at 36,786 units as compared to 19,827 units in the same month last year. Exports were, however, do

TVS, Eicher Motors may be the best bets among two-wheeler stocks; check why

On the other hand, Bajaj-Auto and Hero Moto Corp need to adhere their key supports levels to keep the positive bias intact.

Sensex zooms 491 pts, Nifty tops 17,300; PSBs soar, Electronics Mart up 42%

CLOSING BELL: Sectorally, the Nifty PSU Bank index climbed 3.6 per cent, Nifty Bank index 1.6 per cent, Nifty Financial Services and Private Bank indices up to 1.5 per cent

Bajaj Auto gains 2% in a weak mkt after net profit climbs 20% YoY in Q2FY23

The management expects Q3 to be better than Q2 with supply chain visibility being much better

Stocks to Watch: HDFC Bank, Electronics Mart, Bajaj Auto, Axis Bank, DMart

Stocks to watch today: Electronics Mart will make its debut on the bourses today. As per IPO Watch, the company could list with a healthy premium of up to 50% over issue price of Rs 59 apiece

Bajaj Auto shifts gear, logs 20% rise in profits; revenue jumps 16%

Consolidated net profit declines 15%

Bajaj Auto Q2 results: Net profit falls 16% to Rs 1,719 cr as exports slip

Bajaj Auto on Friday reported a 16 per cent decline in its consolidated net profit to Rs 1,719 crore for the September quarter, hit by a 25 per cent dip in overseas shipments. The Pune-based company had posted a consolidated net profit of Rs 2,040 crore in the July-September quarter of the previous fiscal. Total revenue from operations, however, rose to Rs 10,203 crore in the September quarter against Rs 8,762 crore in the year-ago period, Bajaj Auto said in a regulatory filing. On a standalone basis, the company posted a net profit of Rs 1,530 crore in the second quarter compared to Rs 1,275 crore in the corresponding period of the last fiscal. The company said its total sales during the second quarter rose 1 per cent to 11,51,012 units from 11,44,407 units in the same period last fiscal. The domestic sales of two and three-wheelers stood at 6,94,375 units in the September quarter, up 30 per cent from 5,32,216 units a year ago. Exports fell 25 per cent to 4,56,637 units in the s

Sensex jumps 685pts, Nifty ends near 17,200; Infosys, HDFC, HDFC Bank shine

CLOSING BELL: A sharp pull-back in the US overnight triggered the relief rally in our markets on Friday. Benchmark indices however pared gains in the latter half of the trading day.

Stocks to watch: Infosys, Mindtree, Bajaj Auto, Shree Cement, Power Mech

Stocks to watch today: Bajaj Auto & Shree Cement will post September quarter (Q2FY23) results on Friday, October 14; Infosys posted 11 per cent YoY rise in consolidated net profit to Rs 6,021 cr in Q2

Bajaj Auto Q2 preview: Ebitda may rise up to 34% YoY, margins seen flat

Bajaj Auto Q2: Brokerages tracking the company expect it to report a double digit sequential growth in net profit on the back of healthy volume-based sales during the quarter

Sensex sheds 844pts in late sell-off, Nifty breaks 17,000; IT index down 2%

CLOSING BELL: Sectorally, apart from the BSE IT index, which declined 2 per cent, the Consumer Durables, Metal and Realty indices were the other major losers

Pricing hurdle may hit Hero MotoCorp's entry into EV segment: Brokerages

Volume trajectory in the festive season is a key near-term trigger

Bajaj Auto buys back 6.4 mn shares worth Rs 2,499.97 cr at Rs 4,600 apiece

Bajaj Auto Ltd on Monday said it has bought back over 64 lakh shares from public shareholders for Rs 2,499.97 crore under its share buyback exercise. The company, which had commenced the share buyback on July 4, 2022, said its Buyback Committee at its meeting held on Monday approved the completion and closure of the exercise from October 10, 2022. In a regulatory filing, Bajaj Auto said it has bought back 64,09,662 equity shares, utilising an aggregate amount of Rs 2,499.97 crore. The total amount earmarked for the purpose was up to Rs 2,500 crore. The company's board at its meeting held on June 27, 2022 had approved the proposal for buyback of the fully paid up equity shares of face value of Rs 10 each from existing shareholders except promoters, promoter group and persons in control of the company from open market at a price not exceeding Rs 4,600 per share. After the completion of the buyback exercise, Bajaj Auto said shareholding of promoters and promoter groups has increased

Sharp rise in e-scooter registrations, penetration close to inflexion point

Ather Energy leads with a 4x increase in registrations in August; Hero Electric crosses the 10,000 mark once again, after a gap of over four months

Bajaj Auto's total vehicle sales rise 8% to 401,595 units in August

Bajaj Auto total vehicle sales grew 8 per cent on an annual basis to 4,01,595 units in August, the company said on Thursday. The Pune-based automaker had sold a total of 3,73,270 vehicles in August 2021. Total domestic sales rose 49 per cent to 2,56,755 units in the month under review, from 1,72,595 units in August 2021. The two-wheeler exports volume fell 28 per cent to 1,44,840 units in August this year, from 2,00,675 units in the year-ago period, the company said in a statement. Two-wheeler total sales, including exports, grew 5 per cent to 3,55,625 vehicles in August 2022, as against 3,38,310 units dispatched in the same month year earlier. Two-wheeler domestic sales, according to the company, rose 48 per cent to 2,33,838 units in August this year, as compared to 1,57,971 units in the year-ago period. The two-wheeler exports volume plunged 32 per cent to 1,21,787 units, from 1,80,339 units in the same month of 2021, it said. The company also registered a 31 per cent growth i

SBI, DLF, Bajaj Auto, Manappuram look good on charts post RBI policy

Manappuram Finance has so far on Friday post RBI rate hike has logged its biggest intra-day gain this year, the stock along with DLF, SBI and Bajaj Auto can rally up to 14 per cent in the near term.

Bajaj Auto two-wheeler sales drop by 5% to 3,15,054 units in July

Bajaj Auto on Monday reported a 5 per cent drop in its total two-wheeler sales at 3,15,054 units in July 2022

TMS Ep224: UPI-credit card link, monkeypox, auto firms' results, DESH Bill

Will UPI on credit cards take off? Should India be worried about monkeypox? Will easing chip shortage perk up auto firms' Q1 commentary? What is the DESH Bill? All answers here