Bajaj Auto fell 1.74% to Rs 2,347.80 at 15:17 IST on BSE after total sales declined 9% to 2.88 lakh units in January 2015 over January 2014.
The announcement was made during trading hours today, 2 February 2015.
Meanwhile, the BSE Sensex was down 85.61 points, or 0.29%, to 29,097.34.
On BSE, so far 21,000 shares were traded in the counter, compared with an average volume of 46,144 shares in the past one quarter.
The stock hit a high of Rs 2,420.05 and a low of Rs 2,325 so far during the day. The stock hit a record high of Rs 2,690 on 24 November 2014. The stock hit a 52-week low of Rs 1,796 on 4 February 2014.
The stock had underperformed the market over the past one month till 30 January 2015, falling 2.66% compared with 6.49% rise in the Sensex. The scrip had also underperformed the market in past one quarter, falling 7.27% as against Sensex's 6.72% rise.
The large-cap company has an equity capital of Rs 289.37 crore. Face value per share is Rs 10.
Motorcycles sales fell 12% to 2.46 lakh units in January 2015 over January 2014. Sales of commercial vehicles rose 14% to 41,791 units in January 2015 over January 2014. Exports rose 4% to 1.42 lakh units in January 2015 over January 2014.
Bajaj Auto reported 4.78% fall in net profit to Rs 861.24 crore on 10.24% rise in total income from operations (net) to Rs 5657.17 crore in Q3 December 2014 over Q3 December 2013.
Bajaj Auto is India's second largest two-wheeler maker after Hero MotoCorp.
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