Page 2 - Bajaj Auto Sales

Bajaj Auto board approves Rs 1,364 cr investment in Netherlands arm

Bajaj Auto Ltd on Friday said its board has approved an investment of up to Euro 150 million (Rs 1,364 crore) in its wholly-owned arm, Bajaj Auto International Holdings BV, Netherlands, to fund the needs of the latter towards investment opportunities. The board of directors at its meeting held on Friday have accorded approval to invest funds up to Euro 150 million in Bajaj Auto International Holdings BV, Netherlands (BAIH BV), the company said in a regulatory filing. The investment could be either in the form of equity capital, preference capital, loan -- convertible or otherwise, as may be determined in the due course, in one or more tranches, it added. The capital infusion will be made in one or more tranches depending on the fund requirements up to March 31, 2026, the company said. BAIH BV is a wholly-owned subsidiary of the company and is engaged in the business of investment. "The additional capital infusion by the company is to fund the needs of BAIH BV towards investment ..

Bajaj Auto gets mixed reactions from brokerages after muted Q3 results

Despite the strong export performance, the overall Q3 results were seen as somewhat lacklustre, leading to mixed reactions from brokerages

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 Q3 preview: 2W growth may aid revenue; PAT may rise up to 7% YoY

On the bourses, Bajaj Auto shares settled 0.28 per cent lower at Rs 8380.35. In comparison, BSE Sensex closed 1.08 per cent lower at 75,366.17, on January 27, 2025

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 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

Nuvama bets on M&M, TVS Motor & Uno Minda ahead of November auto sales data

On the bourses, M&M has gained about 6% over the past month, while Uno Minda has surged more than 6%. On the flipside, TVS Motor dropped over 1%. In comparison, BSE Auto index declined nearly 2.5%

Bajaj Auto share drops 5% as domestic sales in October falls 8% YoY

The fall in Bajaj Auto share price came on the back of weak domestic sales, which tanked 8 per cent year-on-year (Y-o-Y) to 3,03,831 units in October 2024, from 3,29,618 units in October last year

Bajaj Auto tanks 12% after Q2; analysts cautious on margin, export outlook

The decline followed a mixed response from both domestic and international brokerages, despite the company delivering strong results in the September quarter (Q2FY25).

Bajaj Auto Q2FY25 preview: Revenue may climb upto 25% YoY on strong volumes

Analysts are optimistic about major revenue growth for Bajaj Auto, driven by robust volume increases and effective pricing strategies.

Auto Bet: Bajaj, M&M, Escorts Kubota may lead August sales, says Nuvama

Within the 2W segment, analysts believe, mass-market original equipment manufacturers (OEMs) such as Honda, Hero Moto Corp, Bajaj Auto, and TVS are anticipated to perform well.

Need to hike provision for deferred tax by Rs 211 cr, says Bajaj Auto

Bajaj Auto Ltd on Monday said it will need to increase its provision for deferred tax by Rs 211 crore due to the withdrawal of indexation benefit and change in the tax rate on long-term capital gains on debt mutual fund. The company invests its surplus funds into a range of asset classes, including debt mutual funds. It was making accounting provisions for deferred tax as per applicable law on fair value gains on these investments, Bajaj Auto said in a regulatory filing. A one-time impact will be made while computing the profit after tax, and reporting the financial results for Q2 of FY25, it added. Bajaj Auto said the Finance (No 2) Act 2024 withdraws the indexation benefit on long-term capital gains on debt mutual funds purchased before 1 April 2023. "Further, the tax rate with respect to long-term capital gains for the said asset class has been changed from 20 per cent plus surcharge and cess (with indexation) to 12.5 per cent plus surcharge and cess (without indexation)," it ..

Bajaj Auto receives 6,000 orders for its newly-launched CNG motorbike

Bajaj Freedom, a sports motorcycle with a 124 cubic capacity engine, was launched earlier this month with a starting price of Rs 95,000

Bajaj Auto Q1 Preview: Two-wheeler maker may see revenue growth of 14-15%

Analysts anticipate robust double-digit revenue growth driven by ongoing volume recovery, particularly in rural areas.

Bajaj Auto strikes 'Tiger Zinda Hai' note as first CNG bike hits the road

Bajaj Auto launches world's first CNG-powered bike Freedom 125 at Rs 95k

M&M, Bajaj Auto: Nomura's preferred picks ahead of May sales data

May auto sales preview: Nomura analysts expect passenger vehicle (PV) wholesales to grow by 6 per cent on a year-on-year (Y-o-Y) basis to 355,000 units.

Buy Muthoot Finance, Sell Titan June futures, recommends Religare Broking

Muthoot Finance has been in a steady uptrend for over 10 months, consistently forming higher highs and lows with a gradual increase in volumes

Bajaj Auto appoints Abraham Joseph as MD of its EV arm Chetak Technology

Bajaj Auto Ltd on Tuesday made key leadership changes with Abraham Joseph appointed as Managing Director of its electric vehicle arm -- Chetak Technology Ltd. As part of the strategy to accelerate technological innovation and further strengthen its position in existing and emerging mobility segments, the company also said Ramtilak Ananthan has been named as Chief Technology Officer of Bajaj Auto Ltd (BAL). Joseph is a Bajaj Auto veteran with over 35 years of experience, the company said in a statement. Under his leadership, Chetak Technology Ltd (CTL) will pivot to become a high-tech organisation focused on developing core competencies across the spectrum of cutting-edge automotive technologies. "CTL will explore the potential of hydrogen vehicles, further expanding Bajaj Auto's ability to deliver technologically differentiated products," it added. As CTO of BAL, Joseph has been instrumental in leading the development of brands like Pulsar and overseeing the creation of numerous .

Bajaj Auto logs 16% Y-o-Y boost in Dec sales on high domestic demand

Pune-based Bajaj Auto said that it recorded a 26 per cent jump in two-wheeler (2Ws) domestic sales (Y-o-Y) in December at 158,370 units

Bajaj Auto October sales: Domestic 2W, CV sales up, exports take a hit

Bajaj Auto reported the highest-ever domestic commercial vehicle sales in October 2023, which were up 39%