The stock dipped 1.94 per cent to settle at Rs 2,973.85 on BSE. During the day, it went down by 2.54 per cent to Rs 2,955.50.
At NSE, shares of the company slipped 2.19 per cent to close at Rs 2,973.10.
Bajaj Auto today posted 15.48 per cent decline in its net profit at Rs 802 crore for the fourth quarter ended March 31, hit by lower sales.
The company had posted a net profit of Rs 949 crore during the same period of the previous fiscal.
The Pune-based two-wheeler maker sold 7,87,627 units in the fourth quarter, down 9.72 per cent, from 8,72,458 units in the same period of 2015-16 fiscal.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)