The bike is available in three colours: Racing Red, Ebony Black, and Metallic Pearl White
In the premium segment, where the motorcycles are priced at prices above Rs 1.7 lakh, Bajaj has sold about 8,000 units per month
Buyers at "the bottom of the pyramid" who were hit by the Covid pandemic, job losses and rising petrol price, are not coming back, Bajaj said
Thus far in the calendar year 2023, the stock price of Bajaj Auto has appreciated by 41%, as compared to a 10.7% rise in the S&P BSE Sensex and a 27.7 per cent surge in the S&P BSE Auto index
Bajaj Auto on Friday said its total vehicle sales, including sale of commercial vehicles, declined 15 per cent to 3,41,648 units in August. The company had reported total sales of 4,01,595 vehicles in August last year. The total domestic sales dropped 20 per cent to 2,05,100 units in the previous month as compared to 2,56,755 units sold in August 2022, Bajaj Auto Ltd said in a statement. Total vehicle exports fell 6 per cent year-on-year to 1,36,548 units in August from 1,44,840 units shipped to the overseas markets in the year-ago period, it said. Its total two-wheeler sales declined 20 per cent to 2,85,031 units in the previous month from 3,55,625 units sold in August 2022. Two-wheeler exports, however, increased 2 per cent to 1,24,211 units in August 2023 as against 1,21,787 units in the same month last year.
LIC decreased its shareholding from 5.2% to 3.17% in Bajaj Auto Ltd
Bajaj-Auto, HIndalco, Dr. Reddy's Laboratories, NTPC, and IDFC First Bank may rally up to 15 per cent, show technical charts
Hero's domestic sales dropped by 12.18 per cent YoY to 391,310 units. Bajaj's domestic sales dropped 13.62 per cent YoY in July
2W exports were also down 16% YoY which came down from 150,670 in July 2022 to 126,850 in July 2023
According to Executive Director Rakesh Sharma, the proposed plant is likely to come up in Manaus Special Economic Zone in northern Brazil and commence production in the next 12 months
Given the high demand, Triumph wants to deal with serious buyers only. Increasing the booking amount may serve that purpose to some extent
During the quarter, the consolidated profit of Bajaj Auto was up 41 per cent year-on-year to Rs 1,644 crore from Rs 1,163 crore in Q1FY23
Its export volumes improved sequentially by 12 per cent amid the continued macro challenges in overseas markets
CLOSING BELL ON JULY 25, 2023: The NSE Nifty ended 8 points higher; Tata Steel and JSW Steel were the major gainers on Tuesday.
Sales also saw a year-on-year jump of 10 per cent to reach 1,027,091 units
So far this calendar year (CY23), shares of Bajaj Auto rose 34 per cent, as against 9.6 per cent gain in the S&P BSE Sensex, during the same period
Triumph Speed 400 deliveries will begin in the second half of July, whereas, Scrambler 400 will be available in October
Bajaj Auto and British motorcycle brand Triumph on Wednesday launched co-developed Triumph Speed 400 and Scrambler 400 X motorcycles in India.
Bajaj Auto and British motorcycle brand Triumph on Wednesday launched co-developed Triumph Speed 400 and Scrambler 400 X motorcycles in India. These motorcycles were unveiled globally in London last week. The two companies formed a global partnership in 2017. Triumph Speed 400 has been priced at Rs 2.33 lakh with the inaugural price of the bike for the first 10,000 customers pegged at Rs 2.23 lakh, the two partners announced at the launch event on Wednesday. Speed 400 will be available in the market from mid-this month while Scrambler 400 X, whose price is yet to be announced, will hit the market by October this year. At the launch, Bajaj Auto Managing Director Rajeev Bajaj said, "we are hopeful of (achieving) significant volume" with the launch of the two new motorcycles, developed in partnership with Triumph. He said that the motorcycles will be produced at Bajaj Auto's new manufacturing facility in Chakan, which currently has a capacity to produce 5,000 units of these bikes pe
The Speed 400 will be available in the second half of July and the Scrambler 400 X will be available by October this year