Previous Close | 9,190.35 |
Open | 9,165.10 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's Range | 8,992.25 - 9,272.40 |
52 Week Range | 5,987.85 - 12,774.00 |
Volume | |
Avg. Volume | 629,924 |
Market Cap | 2.517T |
Beta (5Y Monthly) | 1.05 |
PE Ratio (TTM) | 34.41 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | 80.00 (0.87%) |
Ex-Dividend Date | Jun 14, 2024 |
1y Target Est | N/A |
Bajaj Auto Ltd (BOM:532977) reports a 22% revenue increase, driven by strong domestic and export performance, with significant contributions from electric and CNG vehicles.
India's third-biggest motorcycle maker by sales said festive sales of motorcycles had grown only about 1%-2% so far this month, falling short of market expectations of 5%-6%. This indicated that the season, which runs from October to November and when Indians generally make big-ticket purchases, would see sales growth of just 3%-5%, well below industry expectations of at least 8%. The warning by Bajaj, the first automaker to report its results, weighed on the broader market, which fell 0.7%, as the forecast all but confirmed that high inflation, especially in food prices, forced consumers to limit expensive purchases in the roughly month-long season that started in early October.