IndiaCatalog.com
India News
Search Web Directory
News Home
Bajaj Auto shines on Sensex today; August sales and stock, both up 3%
Posted on 1st September 2017
Shares of the two-wheeler maker Bajaj Auto gained over 3% on Friday after the company reported a 3% rise in the sales for the month of August. The automaker posted an increase of 2.98% in the total sales to 3,35,031 units for the month of August 2017 versus 3,25,347 units in the August 2016. The stock of Bajaj Auto rose as much as 3.9% to the day’s high of Rs 2,918.1 on BSE today. Meanwhile, the benchmark Sensex was trading 141 points or 0.45% higher at 31,871.83 points.

The total sales of the company include domestic sales and exports. The domestic sales were almost flat at 2,00,659 units for the month of August 2017 as compared to 2,00,314 units in the same month of previous year. While exports saw a 7% rise at 1,34,372 units as compared to 1,25,033 units in the corresponding month last year, the company said in an exchange filing.

The company posted a 1.4% rise in the total motorcycle sales were at 2,83,861 units in the August 2017 as against 2,79,911 units in August last year. Domestic motorcycle sales grew 1.75% to 1,71,664 units in August 2017 as compared to 1,74,719 units in August 2016. Bajaj Auto said its total commercial vehicles sales grew 12.62% at 51,170 units as against 45,436 units in the year-ago month.

Earlier in July 2017, Bajaj Auto posted a 19.51% decline in consolidated net profit to Rs 836.79 crore for the April-June quarter for the financial year 2018, on account of lower sales. The automaker’s net profit for the first quarter of FY 2017 was at Rs 1,039.70 crore. Bajaj Auto said in a BSE filing that its total income from operations during the quarter under review stood at Rs 6,177.66 crore as against Rs 6,355.84 crore in the April-June quarter of 2016-17.

Related Companies: Bajaj Auto Limited   

Other Latest News
Bharti Airtel defers Q2 results till Nov 14 over ambiguity on AGR verdict
Posted on 29th October 2019

Bharti Airtel said on Tuesday it has postponed its second-quarter earnings report to mid-November, as the wireless operator sought clarity on the court ruling asking telecom firms to cough up overdue payments to the government.

Shares of the company, which was expected to release its quarterly numbers later in the day, dropped 3.3 per cent in early trade.


Rupee slips 8 paise vs US dollar in early trade amid drop in oil prices
Posted on 7th October 2019
The rupee on Monday opened eight paise lower at 70.96 against the US dollar amid drop in crude oil prices and rise in Asian equities. The domestic unit on Friday closed almost flat at 70.88 against after the Reserve Bank of India (RBI) in a widely expected move cut key interest rates by 0.25 percentage point.

On a weekly basis, the local unit slumped by 32 paise.


LIC pips private insurers in first-year premium growth during April-August
Posted on 13th September 2019
In the first five months of the current financial year, first-year premiums of life insurance companies grew by 39.84% (year-on-year) at Rs 1.05 lakh crore as compared to Rs 75,588.35 crore in April-August of 2018-19.

Life Insurance Corporation of India (LIC) continued to grow at a faster pace compared to private insurance players, shows the data from the Insurance Regulatory and Development Authority of India (Irdai).


Apollo Hospitals rules out further stake sale
Posted on 13th September 2019
Apollo Hospitals Enterprise (AHEL) has ruled out further dilution of promoters’ stake in the company. The company also said its Rs 1,337-crore stake sale of Apollo Munich Health Insurance with mortgage major HDFC will be concluded by October. Following these stake sales, the promoters’ pledged position will come down from a high of 76% to 54% by October and eventually to 20% by November or December, company sources said here.

World trusts India on Kashmir, not us: Pakistan minister Ijaz Ahmed Shah
Posted on 13th September 2019
In a major embarrassment for Pakistan and its Prime Minister Imran Khan, the country's Interior Minister Ijaz Ahmed Shah, a retired brigadier, said the international community didn't believe Pakistan's narrative on Kashmir; instead it is India whose version is trusted.

» Post a FREE Classified Advertisement
Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.
Jobs in India India Real Estate Automobiles Matrimonials Beauty & Fitness

Add a comment for Bajaj Auto shines on Sensex today; August sales and stock, both up 3%
Please only use this form to enter comments on the above company. All comments are reviewed before they are displayed on the web site. Not all comments may be displayed. Check back with us to see if your comments have been displayed.
If you want us to email the comments posted by users, please Subscribe by email
Name*
Comments*
Security Code*
 

Be the first person to write a business review for Bajaj Auto shines on Sensex today; August sales and stock, both up 3%

Most Read News

More India News

Photo Gallery

Hyundai(10 Images) Hyundai
Deeksha Seth(12 Images)Deeksha Seth
  India Web Directory
Business Profiles
Yellow Pages
Photo Galleries
Global Web Directory
*** FREE India Classifieds
Order Premium Listings
Submit a Site
Business Reviews
Home
About us
Link to us
Advertise
Contact us
Google Search Keywords: India Catalog, IndiaCatalog, India Web Directory
    © 1999 - 2026 IndiaCatalog.com
    All Rights Reserved
Privacy Statement