Bajaj Auto observes 10% bounce in sales; share price climbs 4%

The stock of Bajaj Auto was exchanging the green on Thursday after the organization detailed a 10 per cent expansion in its all-out vehicle sales at 4 41306 units in September. The automaker sold an aggregate of 4,02,035 vehicles in September 2019.
The complete bike deals in September remained at 4,04,851 units when contrasted with 3,36,730 units in the very month of 2019, a hop of 20%. While the all-out business vehicle deals, nonetheless, plunged 44 per cent in the earlier month to 36,455 units when contrasted with 65,305 vehicles sold in September 2019, the organization expressed in an administrative recording to the Bombay Stock Exchange.
In September, exports of Bajaj Auto’s went up by 14 per cent to 2,12,575 units, which contrasted with 1,86,534 units in September 2019. Truth be told, this was the most noteworthy actually exports that the organization has recorded.
On Thursday, the share price of Bajaj Auto shut at Rs 2,985.75, up by 3.69 per cent or Rs 106.25 per share on the BSE, against a 1.65 per cent gain in the benchmark indices. The 52-week high and the 52-week low is recorded at Rs 3,315 and Rs 1,793.10 respectively on BSE.