Bajaj Auto lost 1.74% to Rs 2,589.50 at 9:31 IST on BSE after the company said its total sales almost remained unchanged at 3.09 lakh units in November 2014 compared with 3.10 lakh units in November 2013.
The sales numbers were announced during market hours today, 2 December 2014.
Meanwhile, the S&P BSE Sensex was down 60.78 points or 0.21% at 28,498.84.
On BSE, so far 4,916 shares were traded in the counter as against average daily volume of 13,000 shares in the past two weeks.
The stock hit a high of Rs 2,629.70 and a low of Rs 2,565 so far during the day.
Bajaj Auto's motorcycles sales declined 6% to 2.61 lakh units in November 2014 over November 2013. Sales of commercial vehicles surged 48% to 47,311 units in November 2014 over November 2013.
Bajaj Auto's net profit declined 29.4% to Rs 590.90 crore on 15.1% growth in net sales to Rs 5826.85 crore in Q2 September 2014 over Q2 September 2013.
Bajaj Auto is India's second largest two-wheeler maker after Hero MotoCorp.
Powered by Capital Market - Live News
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