Page 22 - Bajaj Auto
Bajaj Auto to set up Rs 300 crore EV manufacturing facility in Pune
Bajaj Auto Ltd on Wednesday said it will set up an electric vehicle manufacturing facility at Akurdi in Pune with an investment of Rs 300 crore. The facility, for which the work has already commenced, will have the capacity to produce 5,00,000 Electric Vehicles (EVs) per annum and cater to both domestic and exports markets, the company said in a release. The first vehicle from the new unit, spread over half-a-million square feet space, is expected to be rolled out by June 2022. The unit will employ around 800 personnel. Akurdi is the site of the original Chetak scooter factory. "In 2001, Bajaj 2.0 took off on the roaring Pulsar, in 2021, Bajaj 3.0 arrived on the charming Chetak. Going forward, for the Bajaj portfolio, except for implementing one state-of-the-art ICE (Internal Combustion Engine) platform that is currently under development, all our R&D drive train resources are now laser focused on creating EV solutions for the future. "This alignment reflects our belief that ...
 "Bajaj Auto to set up Rs 300 crore EV manufacturing facility in Pune")
Wipro replaces Bajaj Auto in the Sensex; two-wheeler major skids 5%
Meanwhile, the Supreme Court last week dismissed a plea by Bajaj Auto against AAP government's decision to issue 4,261 new permits only to e-autos
 "Wipro replaces Bajaj Auto in the Sensex; two-wheeler major skids 5%")
SC upholds Delhi govt's decision to issue 4,261 new permits only to e-autos
Residents of Delhi are badly affected by the air pollution, undoubtedly a part of which is contributed by vehicles, says SC while dismissing Bajaj Auto's plea
 "SC upholds Delhi govt's decision to issue 4,261 new permits only to e-autos")
18 top holdco shares gain 40% so far this year, twice that of Sensex
Holding company discount in India could narrow in the long-run, says HDFC Securities
 "18 top holdco shares gain 40% so far this year, twice that of Sensex")
Bajaj Auto pips Hero MotoCorp to become No 1 motorcycle maker in November
The Pune-based firm sold a total of 337,962 units in November in the domestic and exports market against the 329,185 units sold by Hero MotoCorp
 "Bajaj Auto pips Hero MotoCorp to become No 1 motorcycle maker in November")
Bajaj Auto's November sales decline 10% amid weak domestic demand
Two-wheeler sales in the world's largest market have been under pressure for the last two years
 "Bajaj Auto's November sales decline 10% amid weak domestic demand")
Market wrap: 6% rally in RIL stock powers gains for Sensex and Nifty
RIL shares rise as board approves restructuring plan; Bajaj Auto's m-cap falls below Rs 1-trillion mark; India Inc to show significant EBITDA growth in next 12-18 months, says Moody's
 "Market wrap: 6% rally in RIL stock powers gains for Sensex and Nifty")
Bajaj Auto's m-cap falls below Rs 1-trn as shares hit lowest level in 2021
In the past one month, Bajaj Auto has underperformed the market by falling 10 per cent due to weak demand environment
IT major Wipro to replace Bajaj Auto in Sensex, effective December 20
IIFL Alternative Research estimates Wipro to see passive inflows of $166 million and Bajaj Auto to see outflows of $80 million on account of the rebalancing
 "IT major Wipro to replace Bajaj Auto in Sensex, effective December 20")
Street signs: Traders eye 18,400 on Nifty, go short on Bajaj Auto, and more
Market watchers say traders have mounted bullish bets on optimism that the index will touch 18,400
 "Street signs: Traders eye 18,400 on Nifty, go short on Bajaj Auto, and more")
Indian 2-wheeler makers not as lightweight as startups may think: Bajaj MD
Takes a dig at newcomers in the EV space at the launch of the all-new Pulsar 250, points to several differences between legacy firms and startups
 "Indian 2-wheeler makers not as lightweight as startups may think: Bajaj MD")
Sensex tanks 1,159pts on broad-based sell-off; Nifty ends below 17,900
Financials led by PSU banks, realty, metal and FMCG shares where the major losers in trade. All NSE sectoral indices ended with losses of more than a per cent
 "Sensex tanks 1,159pts on broad-based sell-off; Nifty ends below 17,900")
Bajaj Auto's Q2 net rises 12% on strong exports, beats estimates
Higher input costs drag margins down to 16.4%
Bajaj Auto second quarter after-tax profit rises 71% to Rs 2,040 crore
Exports of two-wheelers stood at 5,41,767 units as compared to 4,14,271 units in the second quarter last fiscal, a growth of 31 per cent
Stocks to Watch: Bajaj Auto, Axis Bank, ITC, Maruti, L&T, SBI Life, Cipla
The broader markets may swing to the global cues, while individual stocks are likely to react to corporate earnings and company specific developments in trade today
 "Stocks to Watch: Bajaj Auto, Axis Bank, ITC, Maruti, L&T, SBI Life, Cipla")
Bajaj Auto launches updated version of Dominar 400 tagged at Rs 2.16 lakh
Bajaj Auto on Monday said it has launched the updated version of its bike Dominar 400 priced at Rs 2.16 lakh (ex-showroom).
Uttarakhand: As rains subside, manufacturing units of automakers resume ops
Will take some time to restore normalcy, say auto suppliers
 "Uttarakhand: As rains subside, manufacturing units of automakers resume ops")
Motown in fast lane! Auto stocks eye up to 20% upside; MRF can hit Rs 1L
The NSE Auto index seems well placed to test its all-time high; Prominent auto stocks like Tata Motors, Bajaj Auto, Hero MotoCorp and TVS Motor can gain 3.5-10 per cent
 "Motown in fast lane! Auto stocks eye up to 20% upside; MRF can hit Rs 1L")
Bajaj Auto reports 16% decline in total domestic sales in September
Bajaj Auto on Friday reported a 16 per cent decline in total domestic sales at 1,92,348 units in September this year, over the year-ago period
Aarti Inds, Bajaj Auto, Sun Pharma: Top stock picks by Ajit Mishra
While Aarti Industries and Sun Pharma have been consolidating in a range and awaiting a breakout, Bajaj Auto seems to have given a breakout, says the technical analyst from Religare Broking
 "Aarti Inds, Bajaj Auto, Sun Pharma: Top stock picks by Ajit Mishra")