Page 30 - Bajaj Auto

Bajaj Auto rejigs top structure; elevates Rakesh Sharma as its first CCO

Under the new structure, Eric Vas will continue to lead the Motorcycle Business Unit (MBU), reporting to the CCO

Riding on strong Q1 performance, Bajaj Auto eyes 20% domestic market share

With African markets on a rebound after witnessing downturn for nearly three years, the Pune-based firm expects to continue the momentum of high double-digit growth witnessed in the first quarter

Bajaj Auto posts 21% jump in net at Rs 11 billion, shares slump 8.73%

Motorcycle and commercial vehicle volumes in the domestic market rose 44 per cent to 688,665 units over a year ago

Bajaj Auto skids 8% on disappointing Q1 results

Shares Bajaj Auto dipped 8% after the company reported a lower than expected 21% YoY growth in standalone net profit Rs 11.15 billion in June quarter.

Bajaj Auto's bike market share sees sharp rise in the June quarter

The maker of Discover and Pulsar models saw its share go up to 16.27 per cent in the three months to June from 13.96 per cent in the year ago period

Bajaj Auto hits two month high; stock surges 11% in 6 days

The stock was up 2% to Rs 3,029 in intra-day trade, extending its past five days 9% surge after reporting a healthy volume performance during the month of June'18.

Bajaj Auto volumes back on track after 10% gain over four trading sessions

Realisations will be driven by weaker rupee and improving product mix in favour of premium bikes, beside higher three-wheeler sales

Performance in 2018: Bajaj Auto chief concerned over decline in volumes

Bajaj's remarks come amid the company's steadily declining market share and ceding ground to Hero MotoCorp and Honda Motorcycle India

Bajaj Auto quadricycle: The Qute infant of the four-wheel world

Bajaj Auto's quadricycle is finally set to hit the roads but the challenge of creating a new category in the competitive automobile market has only just begun

Bajaj Auto Q4 net profit jumps 35% to Rs 10.79 billion on robust sales

The company's total motorcycle sales (including exports) during the quarter rose 22 per cent to 856,389 units

Bajaj Auto Q4 net up 36% at Rs 11.75 bn, revenue rises to Rs 67 bn

The company's board recommended a dividend of Rs 60 per share (600% ) subject to approval of shareholders

Bajaj Auto FY18 Q3 net up 3.8% at Rs 10.13 bn, but misses estimates

Shares of Bajaj Auto were trading at Rs 3,245.55 apiece in the afternoon trade, down 4.81% from the previous close on BSE

Bajaj Auto slips 5% on poor Q3 results

The stock hit a new high of Rs 3,473, up 2% on BSE in intra-day trade, after the company reported 46% jump in total sales at 353,147 units in January.

Bajaj hoping to re-Discover the executive segment with new bike models

With the new models - the Discover 110c, priced at Rs 50,496 (ex-showroom, Maharashtra) and Discover 125cc, priced upwards of Rs 53,490

2018 Bajaj Discover 110, Discover 125 introduced: Price starts at Rs 50,176

Bajaj Auto today launched its new Discover 110 and Discover 125 models priced between Rs 50,496 and Rs Rs 56,314 (ex-showroom Maharashtra) with an eye on strengthening presence in premium executive segment. The Discover 110 model, powered by 115.5 cc engine will be available for Rs 50,496, while Discover 125 with a 124.5 cc power unit is priced between Rs 53,491 and Rs 56,314 for drum and disc version, respectively (Ex-showroom Maharashtra), the company said in a statement. Commenting on the launch, Bajaj Auto Ltd President (Motorcycles) Eric Vas said, "Bajaj has made a significant impact in the 100 cc segment with the Platina Comfortech & CT 100. The new Discover 110 and 125 bring first time ever features to customers in the 100-125 cc segment for a premium experience". The Discovers shall attract a whole new set of customers, who desire the benefits of modern technology, he added. The two new models' features include LED daytime running headlamps and digital ...

Bajaj Auto December sales up 30% to 292,547 units

Commercial vehicles sales zoomed to 63,785 units during the month compared to 22,217 units in the year-ago period

Bajaj Auto hits new high in an otherwise weak market

In past three months, Bajaj Auto has outperformed the market by gaining 22% against 5.5% rise in Sensex.

Bajaj Auto eyes 23% market share by end of FY18

Firm's sales took a hit in H1 this year on account of norms mandating transition to BS-IV emission standards and GST

Bajaj Auto on track to hit volume targets

After the goods and services tax (GST)-led disruption in the June quarter, Bajaj Auto posted improved volumes in the July-September period (Q2). But, beyond volumes, it is the product mix and cost management, which helped Bajaj Auto post better than expected operating performance, which also saw the stock gain over a per cent to close at Rs 3,257 on Tuesday.A 4 per cent year-on-year increase in volumes to 1.07 million units and similar gain in realisations helped the company posted an 8.6 per cent growth in revenues to Rs 6,579 crore in Q2. While revenues were lower than most estimates that had pegged the number at the Rs 6,700 crore, operating profit margins at 19.7 per cent were better than analyst estimates of about 19 per cent due to lower employee and other expenses as a proportion of sales as compared to the year ago quarter. In comparison to the year ago quarter, margins were down by 166 basis points. The margin performance came in despite a 12 per cent jump in raw material ...

Bajaj Auto Q2 net profit dips marginally to Rs 1,194 cr

Bajaj Auto's turnover inched up by 1% to Rs 6,863 crore from Rs 6,774 crore earned during Q2 of FY17