Stocks of Bajaj Auto today went down by nearly 2 per cent after the company reported 12 per cent decline in motorcycle sales in January 2015.
Bajaj Auto's scrip fell by 1.74 per cent to end the day at Rs 2,347.80 on the BSE. During the day, it lost 2.69 per cent to Rs 2,325.
At the NSE, shares of Bajaj Auto were down 1.83 per cent to Rs 2,348.
Bajaj Auto today reported 12 per cent decline in motorcycle sales at 2,46,955 units in January 2015.
The company had sold 2,81,390 units in the year ago period, Bajaj Auto Ltd (BAL) said in a BSE filing.
BAL said exports rose four per cent during the month to 1,42,992 units from 1,37,644 units in the same period a year ago.
In the commercial vehicles category, its sales stood at 41,791 units, up 14 per cent, as against 36,781 units in January 2014.
