Business Standard

Bajaj Auto slips on profit booking

Related News

Meanwhile, the Sensex was down 51.05 points or 0.26% at 19,713.73.

On BSE, 5,039 shares were traded in the counter as against average daily volume of 34,872 shares in the past one quarter.

The stock hit a high of Rs 2,221.70 and a low of Rs 2,195.20 so far during the day. The stock had hit a record high of Rs 2,228.95 on Thursday, 3 January 2013. The stock had hit a 52-week low of Rs 1,410 on 16 January 2012.

The stock had outperformed the market over the past one month till 3 January 2013, surging 14.92% compared with the Sensex's 2.38% rise. The scrip had also outperformed the market in past one quarter, jumping 24.11% as against Sensex's 4.74% gain.

The large-cap company has equity capital of Rs 289.37 crore. Face value per share is Rs 10.

Shares of had risen 3.6% in two trading sessions to settle at Rs 2,213.95 on Thursday, 3 January 2013, from Rs 2,136.95 on 1 January 2013, after the company during trading hours on 2 January 2013 reported good December 2012 sales. The stock witnessed solid rally over the past few months. From Rs 1,447.15 on 17 July 2012, the stock jumped 52.98% to settle at Rs 2,213.95 on 3 January 2013.

Bajaj Auto's total sales rose 13% to 3.43 lakh shares in December 2012 over December 2011. Motorcycle sales rose 13% to 2.98 lakh units in December 2012 over December 2011. Three-wheeler sales rose 9% to 45,596 units in December 2012 over December 2011. Bajaj Auto's exports rose 5% to 1.26 lakh units in December 2012 over December 2011.

Bajaj Auto's net profit rose 2% to Rs 740.67 crore on 3.5% decline in net sales to Rs 4817.07 crore in Q2 September 2012 over Q2 September 2011.

Bajaj Auto is India's second largest motorcycle maker by sales after Hero MotoCorp.

Powered by Capital Market - Live News

 

Read more on:   
|
|
|

Read More

Hindustan Unilever leads gainers in 'A' group

United Spirits, Shriram Transport Finance Company, Colgate Palmolive (India) and Nestle India are among the other gainers.

Quick Links

Back to Top