Page 4 - Bajaj Auto

Creditors greenlight two-wheeler maker KTM AG debt restructuring plan

KTM AG filed for court restructuring proceedings with self-administration on November 29, 2024

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 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

E2W race: Ola Electric reclaims driver's seat; TVS, Bajaj stay on its tail

Ola Electric's twin gamble of offering attractive discounts throughout the month, along with its substantial expansion in distribution

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 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 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

Market Today: Maruti, TaMo Q3; Nasdaq; FIIs; Denta Water, Dr Agarwal's IPOs

In the previous session, the Sensex gained 535.24 points, or 0.71 per cent, closing at 75,901.41. Similarly, the Nifty50 closed higher at 22,957.25, up 128.10 points or 0.56 per cent

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 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

Markets Today: Cipla, Bajaj Auto Q3; RBI; Nasdaq; DeepSeek; CLN Energy IPO

At 6:31 AM, GIFT Nifty futures pointed to a positive start, trading 76 points higher at 22,922

Revved up for 2025: Upgraded Bajaj Pulsar RS200 to launch in January

The new Bajaj Pulsar RS200 will feature hardware upgrades, including USD front forks, a larger rear tyre, and an all-digital instrument cluster, along with new graphics and colour options

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%.

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 reports 1% decline in total sales at 3,23,125 units in Dec 2024

Bajaj Auto on Wednesday reported a 1 per cent decline in total sales at 3,23,125 units in December 2024 compared to the same month a year ago. Bajaj Auto said in a regulatory filing that the company had sold a total of 3,26,806 units in December 2023. Total two-wheeler sales were at 2,72,173 units last month against 2,83,001 units in the year-ago period, down 4 per cent, it added. Domestic two-wheeler sales stood at 1,28,335 units compared to 1,58,370 units in the corresponding month a year ago, a decline of 19 per cent, the company said. Exports of two-wheelers were higher at 1,43,838 units last month over 1,24,631 units in December 2023, up 15 per cent. Total commercial vehicle sales were higher by 16 per cent at 50,952 units in December 2024 from 43,805 units a year ago, the company said.

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?

M&M, TVS & Uno Minda among top picks by Nuvama ahead of December auto sales

Nuvama analysts said December is expected to bring encouraging results for the industry. PVs are predicted to achieve double-digit growth, propelled by strong performances from M&M, Maruti & Toyota

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 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