Bajaj Auto Ltd Share Price – NSE /  BSE

Automobile, Mid Cap

Two-wheeler exports during the period under review increased by 15% year-over-year (YoY) to 1,43,838 units during the period under review.

Accordingly, total two-wheeler sales for December 2024 added up to 2,72,173, down 4% YoY.

The company’s commercial vehicles division recorded sales of 50,952 units in December 2024, which is higher by 16% as compared with 43,805 units sold in December 2023. While domestic sales rose by 5% YoY to 34,085 units, commercial vehicles exports jumped by 50% YoY to 16,867 units in December 2024.

Bajaj Auto’s total auto sales aggregated to 3,23,125 units in December 2024, down 1% YoY.

Pune-based 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 auto major’s standalone net profit increased 9.19% to Rs 2,005.04 crore on a 21.80% jump in revenue from operations to Rs 13,127.47 crore in Q2 FY25 over Q2 FY24.

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Bajaj Auto will hold a meeting of the Board of Directors of the Company on 28 January 2025.

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Bajaj Auto reported sales of 3,23,125 units in month of December 2024 compared to 3,26,806 units in December 2023, recording a decline of 1%. The company's domestic sales declined 15% to 1,62,420 units while exports rose 18% to 1,60,705 units during the month.

The company's 2-wheeler sales declined 4% to 2,72,173 units while its commercial vehicles sales rose 16% to 50,952 units.

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Bajaj Auto Ltd rose for a third straight session today. The stock is quoting at Rs 9008.05, up 1.46% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.42% on the day, quoting at 23849.94921875. The Sensex is at 78785.09, up 0.4%. Bajaj Auto Ltd has dropped around 0.06% in last one month.

Meanwhile, Nifty Auto index of which Bajaj Auto Ltd is a constituent, has dropped around 0.16% in last one month and is currently quoting at 22876.1, up 1.3% on the day. The volume in the stock stood at 4.82 lakh shares today, compared to the daily average of 4.74 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 9080, up 1.78% on the day. Bajaj Auto Ltd is up 34.38% in last one year as compared to a 9.51% gain in NIFTY and a 25.88% gain in the Nifty Auto index.

The PE of the stock is 30.3 based on TTM earnings ending September 24.

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