The stock ended with a gain of 1% at Rs 944. Over 130,000 shares were traded at the counter today.
_____________________________________________________
(Updated at 1153 hrs)
Bajaj Auto has hit a new 52-week high of Rs 989 after announcing its Q4 results yesterday.
The stock opened flat at Rs 933 and slipped into the red to a low of Rs 905. However, the stock soon surged to a new 52-week high of Rs 989, up over 9% from the day's low. The stock is now up 5% at Rs 980. In the process, the stock has gained 55% in the past month. The counter has clocked a volume of 73,113 shares.
The company had informed the BSE yesterday that the Q4 net profit has increased 8% to Rs 130 crore from Rs 120 crore in the corresponding quarter a year ago. This was inspite of a 20% dip in sales in the quarter under review.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app