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Bajaj Auto Ltd News

Bajaj Auto to ride into e-rickshaw segment by end of ongoing fiscal year

Bajaj Auto is gearing up to enter the domestic e-rickshaw segment by the end of this fiscal to tap a 'sizable opportunity' in a fast-growing but highly unorganised market, according to a top company official. The company expects to get regulatory clearances towards the end of the ongoing quarter for its e-rickshaw that will enable it to enter the segment which is about 45,000 units a month, Bajaj Auto Executive Director Rakesh Sharma told analysts. "By the end of this financial year, we also intend to launch a modern 'e-rick', which will set an absolutely new standard in the segment and bring a very high level of satisfaction to both owners and passengers. The e-rick segment is almost as large as the auto segment and the new e-Rick should generate new business, he said. When asked for the exact timeline, Sharma said, "We expect to launch the e-rick by the end of this quarter, let's say, by the end of the FY25 fiscal. By the time all the permissions are through, it may just spill ov

Bajaj Auto to ride into e-rickshaw segment by end of ongoing fiscal year
Updated On : 09 Feb 2025 | 11:19 AM IST

Bajaj Auto to take 'legal action' after it gets over Rs 10 cr GST penalty

Bajaj Auto Ltd on Friday said it has been imposed penalty and interest of over Rs 10 crore by the tax authority in a matter related to differential GST on classification of instruments cluster and will legally challenge it. The Joint Commissioner, Central GST, Pune -- II Commissionerate passed an order confirming classification of instruments cluster under HSN code 8708/8714 for the period July 2017 to March 2022, as against classification of 9029 adopted by the company, Bajaj Auto said in a regulatory filing. "The order has confirmed demand of differential GST amounting to Rs 10,03,91,402. The Joint Commissioner has appropriated and adjusted the said demand against the tax deposited by the company," it said. Bajaj Auto further said, "the order has also confirmed applicable interest and equivalent penalty of Rs 10,03,91,402 and general penalty of Rs 25,000, resulting in an overall penalty of Rs 10,04,16,402." The company said it "believes that the order passed by the Joint ...

Bajaj Auto to take 'legal action' after it gets over Rs 10 cr GST penalty
Updated On : 31 Jan 2025 | 2:33 PM IST

Bajaj Finance, TaMo, Maruti: Largecap buy, sell stock ideas post Q3 results

Here's a technical outlook on 5 largecap stocks post Q3 results. Charts hint towards a positive bias for Bajaj Finance and Bajaj Auto; whereas a likely fall for Maruti, Tata Motors and Dr. Reddy's.

Bajaj Finance, TaMo, Maruti: Largecap buy, sell stock ideas post Q3 results
Updated On : 30 Jan 2025 | 11:17 AM IST

Bajaj Auto Q3 FY25 results: Net profit rises 8% to Rs 2,196 crore

Chetak margins are out of red; exports touched 500K units after 9 quarters

Bajaj Auto Q3 FY25 results: Net profit rises 8% to Rs 2,196 crore
Updated On : 28 Jan 2025 | 7:17 PM IST

Bajaj Auto Q3FY25 results: Net profit increases 3% to Rs 2,109 crore

The 'Pulsar' motorcycle manufacturer reported a profit of Rs 2,109 crore (around $244 million) for the October-December quarter, missing analysts' expectations of Rs 2,163 crore

Bajaj Auto Q3FY25 results: Net profit increases 3% to Rs 2,109 crore
Updated On : 28 Jan 2025 | 6:09 PM IST

Nifty fall since October 2nd biggest in 10 years; 16 stocks tank over 20%

The Nifty has declined nearly 12% in the last four months. The NSE index has witnessed six significant price corrections in the last one decade, excluding the COVID-related panic sell-off; shows data.

Nifty fall since October 2nd biggest in 10 years; 16 stocks tank over 20%
Updated On : 28 Jan 2025 | 9:39 AM IST

Eicher Motors rallies 5% in 3 days on healthy outlook; outperforms market

In one month, Eicher Motors has rallied 9%, as compared to 1.4% in the BSE Auto index, while Bajaj Auto, Hero MotoCorp and TVS Motor Company were down in the range of 4% to 6%.

Eicher Motors rallies 5% in 3 days on healthy outlook; outperforms market
Updated On : 24 Jan 2025 | 12:50 PM IST

Nifty Auto on slippery ground; 13 out of 15 stocks trade below 200-DMA

Hero Moto, Tata Motors and Bharat Forge are the worst hit as shares trade at over 20% discount against the long-term moving average. Maruti, Bosch, Bajaj Auto stock could dip another 11%.

Nifty Auto on slippery ground; 13 out of 15 stocks trade below 200-DMA
Updated On : 10 Jan 2025 | 2:01 PM IST

Eicher Motors to Maruti Suzuki: Auto stocks race on December sales boost

Eicher Motors said it has launched some category-defining motorcycles through the year and it is encouraging to see the response to its recently launched motorcycles both in India and int'l markets.

Eicher Motors to Maruti Suzuki: Auto stocks race on December sales boost
Updated On : 02 Jan 2025 | 12:17 PM IST

Bajaj Auto share price falls 3% as December 2024 sales miss estimates

Bajaj Auto share price: Bajaj Auto's December 2024 sales fell 1 per cent year-on-year (Y-o-Y) to 3,23,125 units from 3,26,806 units sold in December 2023

Bajaj Auto share price falls 3% as December 2024 sales miss estimates
Updated On : 01 Jan 2025 | 10:07 AM IST

Bajaj Auto, Hero Moto seen testing key supports in 4 yrs; Is the fall over?

After rallying up to 88% in 2024, Bajaj Auto and Hero MotoCorp have declined up to 33% from their respective peaks in the last 3 months. Is it time to buy these stocks or wait for further fall?

Bajaj Auto, Hero Moto seen testing key supports in 4 yrs; Is the fall over?
Updated On : 31 Dec 2024 | 1:57 PM IST

Auto shares in demand; Escorts, Tata Motors, Eicher, M&M rally up to 5%

In the past six months, the auto index on both the BSE and NSE has underperformed the market by falling 8 per cent, compared to the 0.34 per cent decline in the benchmark indices Sensex and Nifty

Auto shares in demand; Escorts, Tata Motors, Eicher, M&M rally up to 5%
Updated On : 27 Dec 2024 | 11:27 AM IST

Bajaj Auto rises 3% in trade on Friday; here's what's accelerating stock

As per reports, DAM Capital expects a recovery in the auto sector in FY26E due to favourable macros, comfortable valuation after a sharp correction, and favourable risk-reward

Bajaj Auto rises 3% in trade on Friday; here's what's accelerating stock
Updated On : 27 Dec 2024 | 11:05 AM IST

Bajaj rises to top in e-scooters with low-cost strategy: Can it stay there?

The two-wheeler giant had only 14 per cent of the electric two-wheeler market in May this year, but its 26.8 per cent in December

Bajaj rises to top in e-scooters with low-cost strategy: Can it stay there?
Updated On : 26 Dec 2024 | 10:01 PM IST

Bajaj Auto's Chetak 35-Series exports may start within six months

More variants of the e-scooter, targeting delivery executives, likely soon

Bajaj Auto's Chetak 35-Series exports may start within six months
Updated On : 20 Dec 2024 | 5:25 PM IST

Smoke emanates from electric scooter, Bajaj Auto says incident being probed

A video of smoke emanating from an electric scooter in Chhatrapati Sambhajinagar has gone viral, after which leading two-wheeler maker Bajaj Auto said the incident is being probed. Smoke came out of the vehicle, apparently a Bajaj Chetak electric scooter, at a busy traffic signal on the Jalna Road on Thursday. Fire brigade deployed a team to douse the smoke, an official said. Two farmers, Bhagwan Chavan and Ravindra Chavan from Varvandi village had come to Chhatrapati Sambhajinagar for purchasing water pipes. While they were waiting at the signal, they noticed that smoke was coming out of their e-vehicle, the official said. The vehicle was taken aside and a fire brigade team was called from the Seven Hills fire station. The team sprayed water over the vehicle and the smoke stopped, the official said. We have been informed of a thermal incident. The matter is being investigated, a spokesperson of Bajaj Auto told PTI. When contacted, local police and fire brigade official said they

Smoke emanates from electric scooter, Bajaj Auto says incident being probed
Updated On : 08 Dec 2024 | 11:29 PM IST

RBI Policy Impact: Financials gain, PSU Bank index rises 2% on CRR cut

Uco Bank, Indian Overseas Bank, Central Bank of India, Bank of Baroda, Canara Bank and Union Bank were up in the range of 2 per cent to 2.5 per cent.

RBI Policy Impact: Financials gain, PSU Bank index rises 2% on CRR cut
Updated On : 06 Dec 2024 | 11:21 AM IST

Price cuts for 2 bike portfolios will have nominal impact: Bajaj Auto

Company says brokerage's report on sales does not give 'full or accurate picture'

Price cuts for 2 bike portfolios will have nominal impact: Bajaj Auto
Updated On : 05 Dec 2024 | 12:00 PM IST

Bajaj Auto skids 3% after dismissing price cut claims on Freedom & Pulsar

Bajaj Auto clarified that the dispatch number of Freedom 125, a motorcycle produced by the company, is stated incorrectly at 80,000

Bajaj Auto skids 3% after dismissing price cut claims on Freedom & Pulsar
Updated On : 05 Dec 2024 | 12:57 PM IST

Bajaj Auto refutes price cut claims in Freedom 125 and Pulsar models

Bajaj Auto addressed reports that claimed price cuts of Rs 5,000 to Rs 10,000 for its bikes post-Diwali

Bajaj Auto refutes price cut claims in Freedom 125 and Pulsar models
Updated On : 05 Dec 2024 | 12:10 PM IST