bajaj auto

Auto sector sees resilient two-wheeler growth amidst mixed performance in PVs and CVs for June 2024

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Auto sector sees resilient two-wheeler growth amidst mixed performance in PVs and CVs for June 2024

Mumbai: Wholesale volumes across various segments of the automobile industry in June 2024 are anticipated to reflect a subdued trend, primarily attributed to the absence of wedding dates, according to Anand Rathi report. Analysts project a mixed performance with two-wheeler (2W) volumes showing resilience, while passenger vehicles (PVs) and commercial vehicles (CVs) are expected to … Read more

Bajaj Auto inaugurates its first overseas manufacturing facility in Brazil

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Bajaj Auto inaugurates its first overseas manufacturing facility in Brazil

Bajaj Auto, India’s largest exporter of two and three wheelers has inaugurated its new manufacturing plant in Manaus, Brazil, it said in a statement on Wednesday. This will be the company’s first manufacturing facility outside India. In all the other markets in which it has a presence the company follows a distribution-led model – the … Read more

Bajaj Auto news: Bajaj Auto looks to sustain domestic business momentum; recover export volumes

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Bajaj Auto news: Bajaj Auto looks to sustain domestic business momentum; recover export volumes

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

two-wheeler sales: May 2024, saw marginal decline in domestic 2-wheeler sales, exports however were up

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two-wheeler sales: May 2024, saw marginal decline in domestic 2-wheeler sales, exports however were up

The two-wheeler sales in India experienced a marginal decline in May as compared to the same period in the previous year. The major two-wheeler manufacturers of the country reported a decrease in sales numbers, reflecting a broader trend in the industry.Market leader Hero MotoCorp, sold 498,123 units in May 2024, marking a decrease from the … Read more

Nestle, Jio Financial among top 10 large cap stocks sold by mutual funds in April – Stocks watch

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Nestle, Jio Financial among top 10 large cap stocks sold by mutual funds in April – Stocks watch

May 16, 2024, 07:08:12 PM IST Mutual funds buy and sell securities to actively manage their portfolios. Here is the list of top 10 largecap stocks sold by mutual funds in April, according to a report by ICICI Direct Research. ETMarkets.com 2/11 Jio Financial Services The fund houses had 2,661 lakh shares of Jio Financial … Read more

Two-wheeler makers ride high on record sales of branded spare parts

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Two-wheeler makers ride high on record sales of branded spare parts

Two-wheeler makers Royal Enfield, Bajaj Auto and Hero MotoCorp posted record revenue from sales of branded, genuine parts – like brake pads, headlights and speedometer – accessories and merchandise in FY24. At their post-earnings investor calls, company executives attributed this to the market for such items becoming more organised and buyers giving preference to branded … Read more

hero motocorp share price: Hero MotoCorp’s market cap reaches Rs 1 lakh crore

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hero motocorp share price: Hero MotoCorp’s market cap reaches Rs 1 lakh crore

New Delhi: The country’s largest two-wheeler maker Hero MotoCorp’s market cap reached Rs 1 lakh crore for the first time on Tuesday as its stock crossed the Rs 5,000 mark. Hero’s stock has surged 85.42% in the last 12 months and 21.8% so far this year. Investors have been upbeat on the stock on the … Read more

Rajiv Bajaj GST: ‘Over-regulation of the market’: Rajiv Bajaj says taxes are too high on 2-wheelers as prices rise

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Rajiv Bajaj GST: ‘Over-regulation of the market’: Rajiv Bajaj says taxes are too high on 2-wheelers as prices rise

Rajiv Bajaj on Friday attributed the rise in prices of two-wheelers to ‘overruglation’ of the market and asked the government to reconsider the GST rate on two-wheelers, calling for them to be lower. “This kind of a dramatic change in price owes itself to many things, but most of all, over-regulation of the market,” Bajaj … Read more

Bajaj to launch first CNG-powered motorcycle on June 18, reveals MD Rajiv Bajaj

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Bajaj to launch first CNG-powered motorcycle on June 18, reveals MD Rajiv Bajaj

Bajaj Auto will launch India’s first ever CNG-powered motorcycle on June 18, 2024. Rajiv Bajaj, Managing Director of Bajaj Auto, announced the launch date earlier today during the launch event of Pulsar NS400Z. With The two-wheeler maker plans to disrupt the entry-level motorcycle market with the CNG bike. The bi-fuel motorcycles, priced at a premium, … Read more

Bajaj Pulsar NS400: ​​Like double engine ki sarkar, we will pursue a double engine ka karobar: Rajiv Bajaj reveals company’s growth mantra

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Bajaj Pulsar NS400: ​​Like double engine ki sarkar, we will pursue a double engine ka karobar: Rajiv Bajaj reveals company’s growth mantra

Bajaj Auto’s Managing Director, Rajiv Bajaj, today outlined the company’s strategy for the Indian market during an interview with CNBC TV. In an interview with CNBC TV, Rajiv Bajaj said that like a double engine ki sarkaar, we are a double engine ka karobar. We will follow a two-pronged approach for sports bikes, two-pronged approach … Read more