Bajaj Auto Ltd Share Price – NSE  /  BSE

Automobile, Mid Cap

Bajaj Auto Ltd rose for a fifth straight session today. The stock is quoting at Rs 5683.3, up 0.59% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.55% on the day, quoting at 19802.95. The Sensex is at 66019.32, up 0.55%. Bajaj Auto Ltd has added around 5.14% in last one month.

Meanwhile, Nifty Auto index of which Bajaj Auto Ltd is a constituent, has added around 3.49% in last one month and is currently quoting at 16777.3, up 0.41% on the day. The volume in the stock stood at 4.56 lakh shares today, compared to the daily average of 4.14 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 5696.6, up 0.66% on the day. Bajaj Auto Ltd is up 57.04% in last one year as compared to a 8.54% gain in NIFTY and a 32.17% gain in the Nifty Auto index.

The PE of the stock is 24.89 based on TTM earnings ending September 23.

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Bajaj Auto Ltd rose for a third straight session today. The stock is quoting at Rs 5637, up 1.55% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.01% on the day, quoting at 19763.6. The Sensex is at 65912.77, down 0.11%. Bajaj Auto Ltd has added around 9.73% in last one month.

Meanwhile, Nifty Auto index of which Bajaj Auto Ltd is a constituent, has added around 2.15% in last one month and is currently quoting at 16788.9, up 0.61% on the day. The volume in the stock stood at 4.28 lakh shares today, compared to the daily average of 5.25 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 5644.7, up 1.3% on the day. Bajaj Auto Ltd is up 55.16% in last one year as compared to a 7.95% gain in NIFTY and a 32.22% gain in the Nifty Auto index.

The PE of the stock is 24.44 based on TTM earnings ending September 23.

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While the company’s domestic sales have risen by 36% to 329,618 units, exports have declined by 7% to 141,570 units in October 2023 over October 2022.

Bajaj has sold 408,144 units of 2-wheelers (up 19% YoY) and 63,044 units of commercial vehicles (up 18% YoY) during the period under review.

Bajaj Auto is engaged in the business of development, manufacturing and distribution of automobiles such as motorcycles, commercial vehicles, electric two-wheelers etc. and parts thereof.

The company's standalone net profit jumped 20.01% to Rs 1,836.14 crore in Q2 FY24 as compared with Rs 1,530 crore in Q2 FY23. Revenue from operations rose 5.63% YoY to Rs 10,777.27 crore in Q2 FY24.

The scrip rose 0.98% to currently trade at Rs 5366.65 on the BSE.

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Bajaj Auto achieved total sales of 4,71,188 units in month of October 2023 compared to 3,95,238 units in October 2022, recording a growth of 19%.

Total sales include domestic sales of 3,29,618 units (higher by 36%) and exports of 1,41,570 units (lower by 7%).

The company sold 4,08,144 two-wheelers and 63,044 commercial vehicles in October 2023.

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