Bajaj Auto Limited has reported a net increase of 15% in exports to 1.35 lakh units in October 2017 as against 1.17 lakh units in October 2016. This is majorly on account of 20% increase in the export of motorcycles to 1.14 lakh units. Although there has been a dip in exports of commercial vehicles by 7 % to 21,029 units.
The Company has also achieved its highest ever domestic sales of commercial vehicles by 38% increase to 35,657 units in October 2017 to 25,784 units in October 2016. There is a minor shrink in domestic sales of motorcycles by 1% to 2.11 lakh units.
Overall, the domestic sales have grown by 4 % to 2.47 lakh units in October 2017 as against 2.38 lakh units in October 2016.
The Company’s total sales have increased by 7 % to 3.82 lakh units in October 2017 as against 3.56 lakh units in October 2016.
Bajaj Auto Ltd is currently trading at Rs 3252.05, up by Rs 11.55 or 0.36% from its previous closing of Rs 3240.5 on the BSE.
The scrip opened at Rs 3277 and has touched a high and low of Rs 3277 and Rs 3242.45 respectively.
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