Banking, finance and IT counters accounted for most of the losses, while strong demand for metal stocks cushioned the fall
Bajaj Auto on Tuesday said it has reduced price of Dominar 250 bike by Rs 16,800 to Rs 1,54,176 (ex-showroom Delhi). The newly announced price on Dominar 250 is expected to grow the franchise further by encouraging customers to take their first step into the world of touring, the Pune-based company said in a statement. The Dominar 250 comes with a 248.8 cc petrol engine. "We, at Bajaj Auto, believe that touring on a bike opens the doors to a world of 'real' experiences that widens your perspective and shapes one's character. We realise that biking for youngsters can be so much more than just street fun if the bike comes with the right dose of performance, sharp design and a superior riding experience," Bajaj Auto President (Motorcycle Business) Sarang Kanade noted. In times of price hikes across the industry, the company has taken a stance of reducing price on Dominar 250 and make sports touring more accessible, he added. Bajaj had launched Dominar 250 in March 2020 with the missi
Shares of Bajaj Auto on Thursday gained nearly 3 per cent after the company reported 24 per jump in its total sales in June 2021. The stock jumped 2.82 per cent to Rs 4,250 on BSE. On NSE, it gained 2.80 per cent to Rs 4,250. Bajaj Auto on Thursday reported 24 per jump in its total sales at 3,46,136 units in June 2021. The company had sold 2,78,097 units in the same month a year ago. Domestic sales in June this year were at 1,61,836 units as against 1,51,189 units, up 7 per cent, Bajaj Auto said in a regulatory filing. Total motorcycle sales stood at 3,10,578 units, an increase of 22 per cent, as compared to 2,55,122 units sold in June last year.
Bajaj Auto expects to start delivering its electric scooter 'Chetak' in the second quarter of 2021-22, having stopped taking bookings in April this year
Maruti Suzuki was the top-performing index stock as it rose over 4 per cent after the company said it would be raising vehicle prices in the July-September quarter
Analysts expect the 'pent-up demand' story to play out from the second quarter of the financial year 2021-22 (Q2FY22) as states unlock
Bajaj Auto has reported 114 per cent growth in its total vehicle sales at 2,71,862 units in May compared to the same month last year
Segment-wise, Bajaj Auto's 2-wheeler sales grew 113 per cent to 240,554 units while commercial vehicles were up 118 per cent at 31,308 units
Bajaj Auto has extended the free service period of all its brands in the country till July 31 in the wake of lockdowns and travel restrictions announced by several states
Since no part of the Companies Act deals with chairperson emeritus, these appointments will have to be governed by a formal contract between the company and the individual or under its articles
It will offer monetary support, education and insurance to kin of deceased employees
Business Standard brings you stories that made the headlines on Thursday
These measures are in addition to several initiatives already undertaken by the company over the past one year, Bajaj Auto Ltd said in a release
Automobile and financial stocks dominate the list of companies where analysts have scaled back their earnings estimates for FY22
The m-cap gap is widest despite Hero's better sales and volumes
A week-long shutdown by Hero MotoCorp gives Bajaj Auto a marginal lead over its arch rival
Bajaj Auto on Monday said it sold 1,34,471 units of two-wheelers and commercial vehicles in the domestic market in April
Q4 earnings got a boost from higher realisation of exports and larger contribution of pricier models in overall sales
Rising exports, price hike, improving mix not enough to offset costs
Rahul Bajaj has been named as chairman emeritus of the company for five years with effect from May 1