Bajaj Auto is world's first two-wheeler maker to cross Rs 1 trn market cap

Company attributes achievement to sharp focus on motorcycles, strategies of differentiation and practice of TPM combined with global ambitions

Bajaj Auto became the first two-wheeler firm globally to cross a market capitalisation of Rs 1 trillion. Shares closed at Rs 3,479 on the NSE on Friday.

The stock has gained 11 per cent over the year, with a 79 per cent rally from the lows in March. This helped it reach the milestone. Bajaj Auto’s current m-cap is 63 per cent higher than Hero MotoCorp and 43 per cent more than Eicher Motors, its closest peers.

“The sharp focus on motorcycles and unwavering commitment to strategies of differentiation, as well as the practice of total productive maintenance combined with global ambitions,