Bajaj Auto lost 0.5% to Rs 1955 at 10:24 IST on BSE after the company said its total sales declined 17% to 3.10 lakh units in November 2013 over November 2012.
The company announced the sales numbers during trading hours today, 3 December 2013.
Meanwhile, the S&P BSE Sensex was down 27.95 points or 0.13% at 20,870.06.
On BSE, 9,360 shares were traded in the counter as against average daily volume of 20,000 shares in the past two weeks.
The stock hit a high of Rs 1,964 and a low of Rs 1,943.85 so far during the day.
Bajaj Auto's sales of motorcycles dropped 15% to 2.78 lakh units in November 2013 over November 2012. Sales of commercial vehicles declined 30% to 31,888 units in November 2013 over November 2012. Exports rose 8% to 1.33 lakh units in November 2013 over November 2012.
Bajaj Auto's net profit rose 13% to Rs 837.16 crore on 5.1% growth in net sales to Rs 5061.49 crore in Q2 September 2013 over Q2 September 2012.
Bajaj Auto is India's second largest two-wheeler maker after Hero MotoCorp.
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