Page 3 - Bajaj Auto

Will easing chip shortage perk up auto firms' Q1 commentary?

Amid lukewarm Q1 result of Bajaj Auto, we drive into the world of autos, interpret Bajaj Auto's performance and ask analysts what they expect from Maruti Suzuki and Tata Motors results today.

Bajaj Auto Q1 results: Exports boost net profit by 11%, revenue up 8%

Net profit during the quarter rose 11 per cent year-on-year to Rs 1,173 crore in the June quarter over Rs 1,061 crore

2-wheeler makers accelerate global expansion plans as exports gain traction

The domestic slowdown and growing acceptability of Made-in-India brands offer opportunities to accelerate the drive to global markets

Sensex sheds 498 pts, Nifty below 16,500; Infy slips 3.5%, Axis Bank 3%

CLOSING BELL: Equity markets settled near the low point of the day as investors chose to stay on the sidelines ahead of the US Federal Reserve's monetary policy outcome on Wednesday

Bajaj Auto Q1FY23 results: Net profit up 11% YoY to Rs 1,173 cr, revenue 8%

Bajaj Auto Q1 review: Auto major Bajaj Auto clocked 8.3 per cent rise year-on-year (YoY) in total revenue from operations to Rs 8,004.97 crore in June quarter results (Q1FY23) on a standalone basis.

Chip crunch, high RM to dent Bajaj Auto's margins in Q1FY23, say analysts

Analysts, on average, expect the revenue to fall up to 7 per cent quarter-on-quarter (QoQ) to Rs 7,416 crore in Q1FY23.

Stocks to watch: Asian Paints, Bajaj Auto, Tata Steel, Axis Bank, Lupin

Stocks to watch today: Asian Paints, Bajaj Auto will report their June quarter results (Q1FY23) on Tuesday, July 26; Lupin received approval from USFDA to market medication for high blood pressure.

Bajaj Auto Q1 results: How was company's performance in last four quarters

In Q4FY22, Bajaj Auto recorded a net profit of Rs 1,468.95 crore, up over 250 crores from the Q3FY22

Top 20 dividend-paying firms raise shareholder rewards in FY22: Experts

Vedanta, for instance, is majority-owned by Vedanta Resources, led by billionaire Anil Agarwal

2-wheeler stocks in top gear as chip woes ease; EV transition key: Analysts

Analysts expect 2Ws to reflect strong volumes in Q2FY23 amid strong pent-up demand, and improved mobility in June quarter 2022 (Q1FY23)

Bajaj Auto looks to sell its e-scooter Chetak from 75 locations in FY23

Witnessing a robust demand for its electric scooter Chetak, Bajaj Auto plans to scale up the sales infrastructure for the model to 75 locations across the country in the current fiscal.

Bajaj Auto starts share buyback worth Rs 2,500 crore at Rs 4,600 per share

In a regulatory filing, the Pune-based company said the buyback initiative has begun with effect from July 4

Bajaj Auto slips 3% on flat June sales numbers; sheds 7% in last three days

The company's total two-wheeler sales grew 2 per cent year on year (YoY) to 315,948 units, mainly due to a 23 per cent YoY jump in exports at 190,865 units during the month.

Bajaj Auto sales remain flat at 347,004 units in June; exports up 13%

Two-wheeler exports last month grew 23 per cent to 1,90,865 units as compared to 1,54,938 vehicles in the year-ago period

Sensex, Nifty end flat after volatile session; metal, energy stocks shine

CLOSING BELL: M&M, Tech M, Dr Reddy's Labs, Reliance Industries, HCL Tech, and Tata Steel were the top gainers on the 30-pack index

Bajaj Auto slips 2% as share buyback fails to cheer investors

The company intends to buy back 5.43 million shares, aggregating up to 1.88 per cent of its paid-up share capital via the open market at Rs 4,600 per share.

Stocks to watch: Bajaj Auto, TVS Motor, Tata Steel, Cipla, JSW Steel, FRL

Stocks to watch today: Bajaj Auto approved buyback of shares worth up to Rs 2,500 crore; Moody's upgraded Tata Steel's outlook to 'positive' from 'stable'

Bajaj Auto to buy back shares worth Rs 2,500 crore at Rs 4,600 each

Two-wheeler giant Bajaj Auto to take back 5.43 mn shares at Rs 4,600 a piece

For Bajaj Auto, share buyback worth up to Rs 2,500 crore spurs optimism

Fall in raw material prices, low base, and normal monsoon are other positives

Bajaj Auto board approves Rs 2,500-cr share buyback at Rs 4,600 per share

On June 14, the company's board had deferred a decision on its proposed share buyback citing further deliberations were required on the proposal