Bajaj Auto, India’s third largest motorcycle maker, on Friday launched the world’s first compressed natural gas (CNG)-powered two-wheeler, Freedom 125, in Pune under a separate brand Bajaj’s bi-fuel motorcycle. Aiming to shake things up in the motorcycle market, the company announced that it will be available at Rs 95,000 (ex-showroom). The bike will be available … Read more
Bajaj Auto looks to sustain momentum in its domestic business and expand production capacity for new businesses as it expects demand to remain robust in the current fiscal, according to its Chairman Niraj Bajaj. Addressing shareholders in the company’s Annual Report for 2023-24, he noted that the company would also aim for recovery in export … Read more
Bajaj Auto shares jumped nearly 4% to hit their 52-week high of Rs 7,499 on Thursday, notwithstanding scepticism expressed by a couple of top domestic brokerages following the auto major’s Q3 results.While Kotak Institutional Equities recommended a ‘Sell’ rating and slashed the target price, Nuvama stuck to its ‘Hold’ stance. JM Financial retained its buy … Read more
