Bajaj Auto fell 0.57% to Rs 2,239 at 9:44 IST on BSE after the company said its total sales rose 2% to 3.41 lakh units in August 2015 over August 2014.
The announcement was made during trading hours today, 2 September 2015.
Meanwhile, the BSE Sensex was up 114.35 points, or 0.45%, to 25,810.79.
On BSE, so far 7,971 shares were traded in the counter, compared with an average volume of 35,889 shares in the past one quarter.
Trading in the counter was volatile. The stock rose 1.34% at the day's high of Rs 2,281.95 so far during the day. The stock fell 1.53% at the day's low of Rs 2,217.25 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 1,913.80 on 30 April 2015.
The stock had underperformed the market over the past one month till 1 September 2015, sliding 10.61% compared with 8.60% fall in the Sensex. The scrip had, however, outperformed the market in past one quarter, falling 3.62% as against Sensex's 7.73% decline.
The large-cap company has an equity capital of Rs 289.37 crore. Face value per share is Rs 10.
Bajaj Auto said its total motorcycle sales rose 2% to 2.90 lakh units in August 2015 over August 2014. Total commercial vehicles sales fell 2% to 51,529 units in August 2015 over August 2014.
The company said its total exports rose 4% to 1.81 lakh units in August 2015 over August 2014. The company said it was its highest ever exports.
Bajaj Auto's net profit rose 37.1% to Rs 1014.80 crore on 7.2% growth in net sales to Rs 5505.06 crore in Q1 June 2015 over Q1 June 2014.
Bajaj Auto is ranked as the world's fourth largest two-and three-wheeler manufacturer.
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