Bajaj Auto's m-cap falls below Rs 1-trn as shares hit lowest level in 2021

In the past one month, Bajaj Auto has underperformed the market by falling 10 per cent due to weak demand environment

Shares of Bajaj Auto hit their lowest level during the current calendar year 2021, of Rs 3,381, down nearly 1 per cent on the BSE in Thursday's intra-day trade, in an otherwise firm market.

The stock of the two-wheelers maker was trading at its lowest level since December 28, 2020 and has corrected 22 per cent from its 52-week high level of Rs 4,361, touched on February 4, 2021. It had hit a 52-week low of Rs 3,040 on November 25, 2020. In comparison, the S&P BSE Sensex was up 0.69 per cent at 58,746 points at 01:18 PM.