Bajaj Auto Q1 results: The share price surged after Bajaj Auto reported a solid performance in the first quarter ending June 30, 2024 (Q1FY25)
From a technical analysis perspective, the Daily RSI has reversed from 50 levels, further signalling a positive outlook for Bajaj Auto stock.
Analysts anticipate robust double-digit revenue growth driven by ongoing volume recovery, particularly in rural areas.
In July, their combined share surges past Ola's
The government's support to the EV industry has been through direct subsidy on the price of the vehicle through FAME, PLI and now the EMPS scheme aggregating to over Rs 59,000 crore
Need to see whether two-wheeler customers are willing to shift to CNG now that a good product is in the market, they said
Bajaj Auto launched the world's first CNG motorcycle-Freedom 125. The starting price of Bajaj Auto's first-ever CNG bike has been set at Rs 95,000
Stocks to watch today, Friday, July 5: Bajaj Auto is all set to become the world's first two-wheeler company to launch a CNG bike
The bike is likely to have flexible fuel options and will feature two separate switches for petrol and CNG
Bajaj Auto is set to launch its latest motorbike with dual-fuel capability, which will run on both petrol and CNG, thereby cutting the running costs by half
Honda Motorcycle and Scooter India on Monday reported a 45 per cent year-on-year jump in domestic wholesales at 4,50,589 units in May. The company had dispatched 3,11,144 units to its dealers in May 2023. Exports increased to 41,458 units last month from 18,249 units in May 2023, Honda Motorcycle & Scooter India (HMSI) said in a statement. The total sales rose to 4,92,047 units last month as against 3,29,393 units in the same month last year, it added.
Shares of Mahindra and Mahindra (M&M) zoomed 5.9 per cent, hitting its 52-week high at Rs 2,654 per share on the BSE in today's intraday trade
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 Ltd has launched its largest Pulsar model, the Pulsar NS400Z, marking a significant addition to its iconic motorcycle lineup. To know all about it, read on
Auto, tyre stock update: Shares of auto and tyre makers rallied up to 5 per cent in intra-day deals on Tuesday, lifting the Nifty Auto index to a new all-time high on upbeat outlook.
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 .
Despite strong earnings, analysts warned investors on future growth trends as most positives of the company are priced in and the stock is currently trading at high valuations
Stocks to watch on Friday, April 19: Balrampur Chini, Bandhan Bank, Exide, GNFC, Hindustan Copper, Metropolis, National Aluminium, Primal Enterprises, SAIL and Zee among 11 stocks in F&O ban today.
Bajaj Auto records highest ever PAT, revenue in FY24
Triumph accounted for 2.1% of Bajaj Auto's total two-wheeler sales in the fourth quarter. Its overall two-wheeler sales rose about 26% in the quarter year-on-year