| Bajaj Auto Limited Related news |
Bajaj’s 125cc bikes may see price hike on safety norms
Posted on 27th December 2018 |
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Pulsar, Discover and Avenger (125cc and above) motorcycles might see a price hike between Rs 4,000-10,000 post-April 2019 due to the incorporation of anti-lock braking system (ABS) safety norm, Rajiv Bajaj, managing director, Bajaj Auto, said in an interview to a business news channel. Commenting on the outlook for FY20, Bajaj while speaking to CNBC TV18, said: |
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Bajaj Auto unveils Pulsar 150 Neon
Posted on 30th November 2018 |
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Bajaj Auto on Thursday introduced the all new Pulsar 150 Neon collection. The all new Pulsar 150 Neon 2019 collection comes with a young and peppy styling along with the sporty appeal and is for customers looking at a bike with size and performance above the 100/110 cc offerings. The new Pulsar 150 Neon is made available at an exciting introductory price of Rs 64,998/- ex showroom Delhi and is available across all Bajaj Auto dealerships in India. |
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Bajaj Auto launches KTM 200 Duke with ABS at 1.60 lakh
Posted on 26th November 2018 |
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Mumbai: Bajaj Auto, which owns 49 per cent in Austrian sports bike brand KTM, Friday launched the ABS (anti-lock braking system) version of KTM 200 Duke, priced at Rs 1.60 lakh (ex-showroom Delhi). The newly added ABS will be an added feature for improved and controlled stopping power. |
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Bajaj Auto margins under pressure, net profit grows 3.6%
Posted on 25th October 2018 |
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Bajaj Auto on Wednesday reported a 3.6% year-on-year (y-o-y) increase in standalone net profits at Rs 1,152.5 crore in the July-September quarter on the back of higher revenues and other income. The motorcycles manufacturer reported a strong 22% y-o-y increase in its revenue at Rs 7,987 crore, driven by strong volume growth. However, the Bajaj Auto stock crashed to a 28-month low, losing 4.3% on the Bombay Stock Exchange (BSE) to close at Rs 2,475.30. |
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Q2 results: Bajaj Auto profit rises 4%, beats estimates
Posted on 24th October 2018 |
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Bengaluru: Bajaj Auto Ltd posted a 3.65% rise in September-quarter profit on Wednesday, beating analyst estimates, helped by higher sales volume. Profit came in at Rs 1,152 crore in the second quarter ended 30 September, compared with Rs 1,112 crore a year earlier, the automaker said in a statement. |
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Bajaj Auto September sales surge 17% to 5,02,009 units; exports up 30%
Posted on 1st October 2018 |
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Bajaj Auto Monday reported 17 per cent increase in total sales to 5,02,009 units for September as against 4,28,752 units in the same month last year. Total domestic sales during the month stood at 3,11,503 units as against 2,81,779 units in September last year, a growth of 11 per cent, Bajaj Auto said in a statement. |
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Bajaj Auto rated ‘sell’; Rupee depreciation likely to help margins
Posted on 24th September 2018 |
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The recent depreciation of Rupee versus USD will likely improve Bajaj Auto’s Ebitda margin as well as its competitiveness in export markets. We have increased our earnings estimates by 5-8% after factoring in the change in our currency assumptions. However, we maintain our Sell rating due to deteriorating profitability in the domestic motorcycle segment. Increase target price to Rs 2,700 (from Rs 2,500 earlier). |
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Bajaj Auto gains 3% on plans to expand 3 wheeler & quadricycle capacity
Posted on 7th September 2018 |
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Shares of Bajaj Auto were up by 3% at Rs 2,875 per share on the BSE in an otherwise weak market after the company announced its plan to expand 3 wheelers & quadricycle capacity to 1 million per year as Government announced an end to permits. At the Society of Indian Automobile Manufacturers (SIAM) convention on Thursday, the Minister for Transport, |
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Analysts concerned about Bajaj Auto profitability
Posted on 23rd August 2018 |
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Bajaj Auto may have reported a 39% year-on-year increase in its domestic sales in the three months to June, but analysts are concerned about the Pune-headquartered firm’s profitability, given it has triggered a price war. The Bajaj Auto stock has lost 4% over the last one month and 9% over the last six months. The stock closed Tuesday’s trading session at Rs 2,727.55 on the BSE, down 0.24% over Monday’s close. |
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Bajaj Auto reports 30 per cent increase in July sales at 4,00,343 units
Posted on 1st August 2018 |
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New Delhi: Bajaj Auto on Wednesday reported 30 per cent increase in sales at 4,00,343 units in July. The company had sold 3,07,727 units in the year-ago month, Bajaj Auto said in a statement. Domestic sales were at 2,37,511 units as against 1,86,497 units, up 27 per cent, it added. |
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