Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Union Budget
Budget 2011-2012 Home
Industry Expectations - Budget 2011-2012
Industry Reactions - Budget 2011-2012
Budget 2010-2011
Budget 2010-2011 Home
Industry Expectations - Budget 2010-2011
Industry Reactions - Budget 2010-2011
Contributor's Corner
Bonanza Portfolio
Hemant K Gupta
Krish Bhatt
S A A R T H I
Trinity Investments
Exchange Information
BSE 2009 Holidays
NSE 2009 Holidays
Investor Guide
Depository & Dematerialisation
Grievance Redressal
Investor Guide
SEBI
Trading of Securities
Transfer of Securities
Your Rights
Budget 2009-2010
Budget 2009-2010 Home
Industry Expectations - Budget 2009-2010
Industry Reactions - Budget 2009-2010
Interim Budget 2009-2010 Home
Industry Expectations - Interim Budget 2009
Budget 2008-2009
Railway Budget 2008-2009
Industry Expectations - Budget 2008
Union Budget 2008-2009
Highlights of Budget 2008-2009
Summary of Budget 2008-2009
Industry Reactions - Budget 2008
IPOs
Current IPOs
Past IPOs
IPO Subscription
Mutual Funds
Gold Exchange Traded Fund
MF Unique Holding
Forthcoming Dividends
ELSS Schemes Comparison
Tax Plans
New Fund Offers
Research
Arbitrages
Equity
Market Whispers
Tax Planning
Home
Equity Linked Savings Scheme
Post Office MIS
9% GOI Senior Citizens Savings Scheme
8% Savings (Taxable) Bonds
Kisan Vikas Patra
National Savings Certificate
Public Provident Fund
Stock Report

| More

Bajaj Auto - Automobile Sales-November 2012 - Eastern Financiers

Posted On: 2012-12-10 10:22:18

India's second largest two-wheeler maker, Bajaj Auto reflected murky sales performance during November 2012, post the festive month of October that witnessed growth in sales of around 4%. Sales growth during the November month edged lower by 0.58% with sales of 372293 units against 374477 units sold in November last fiscal that may primarily be attributed to the sluggish demand in motorcycle sales and slip in exports. The company marked degrowth in sales of 9.43% in November 2012 compared to the prior October month that marked the highest ever domestic sales. Total sales of the company during October 2012 stood at 411052 units.

Total Motorcycle sales of the company slipped 1.58% for the month to 326727 units against 331967 units sold in November last year. The company dispatched 150000 units of the Discover range of motorcycles. It said that the discover and the sportier Pulsars contributed to 68% of total motorcycle sales. Last month during October, the company had sold 155000 units of Discover which was the highest ever.

The commercial vehicle segment of the company however, continued to swell by 7.19% to 45566 units during the penultimate month of the current year after surging around 14% last month. The company had sold 42510 units of commercial vehicles during November last year. Nevertheless, compared to the prior month of October 2012, sales slithered by 9.44% that witnessed sales of 50316 units—highest ever that the company had sold for any month. The company however said that the growth in the diesel 3-wheeler sales & market share continued during the month of November 2012. The division however was restrained in the preceding months with negative growth in sales to the tune of 3.53%, 9.58% and 22.63% during September, August and July respectively.

The company exported 124115 units during the eighth month of the fiscal FY13 against 129256 units being sold in November 2011.

In the April-November period of the fiscal 2013, Bajaj Auto sold 2911974 units that was 3.79% lower than 3026703 units being sold during April-November 2011. Commercial Vehicle division witnessed a greater fall of 11.49% to 312914 units compared to 353545 units in the same period last fiscal. Exports accounted for 1056136 units during April-November period of FY13 compared to 1112702 units in the same time last year that translated into de-growth of 5.08%.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Sonata Software's Technology Infrastructure Group receives SAP® APJ Partner Excellence Award 2016 for "Top Sell Partner"
Saral Rozgar partners with the Union Ministry of Labour and Employment for National Career Services Portal
LT Foods Limited 9M FY16 Consolidated Revenue at Rs. 2,173 Crores, PAT at Rs. 73 Crores
Richa Industries reports increase in net sales by 96.05% for nine months ended as on 31.12.2015
Shree Ganesh Jewellery House (I) Ltd reconstitutes committees
Tayo Rolls Ltd to refer to BIFR
Raj Rayon Industries Limited appoints secretarial auditor
Tinna Rubber and Infrastructure Limited appoints directors
Taaza International Ltd to sell 5 retail stores
Maxwell Industries Ltd reappoints MD
Shakti Pumps India Ltd appoints Executive Director
Phaarmasia Ltd approves appointment of Chief Financial Officer
Sun Source India Ltd appoints KMPs
Shreyas Shipping & Logistics Ltd approves vessel acquisition
Repro India Ltd approves appointment of Company Secretary & Compliance Officer
IDBI Bank Ltd approves issue of Basel III compliant Additional Tier 1 Bonds
Ceat Ltd approves corporate guarantee to wholly owned subsidiary
Continental Chemicals Ltd approves appointment of Chief Financial Officer
RattanIndia Power Limited approves appointment of Chief Financial Officer
Rolta India Ltd approves resignation of Group CFO
Polytex India Ltd appoints company secretary
Kayel Securities Ltd approves resignation of company secretary
Orbit Corporation Ltd accepts resignation of nominee director
Sadhana Nitro Chem Ltd appoints new CFO
Himadri Chemicals & Industries Ltd approves redemption of FCCBs
Total Exports Ltd approves resignation of Company Secretary
Sagar Tourist Resorts Ltd Fixes Book Closure for 28th AGM
Nestle India Ltd Fixes Book Closure for Final Dividend & 57th AGM
Riga Sugar Company Ltd appoints additional director
Indokem Ltd approves appointment of Whole Time Director
Prism Cement Ltd reappoints MD
Ortin Laboratories Ltd updates on business
Panasonic Energy India Company Ltd approves change in Directorate
Golden Tobacco Ltd appoints CFO
Capri Global Capital Limited reappoints Executive Director
Taneja Aerospace & Aviation Ltd appoints CFO
Rollatainers Ltd to dispose Packaging Business
Sequent Scientific Ltd approves appointment of Director
ICVL Steels Ltd approves redesignation of Mrs. Leena Modi as MD
Betex India Ltd announces change in company secretary
Eldeco Housing & Industries Ltd to sell investment in subsidiaries
Independent Director Ms. Manisha Girotra resigns from Novartis India Ltd
Gujarat Industries Power Company Ltd appoints nominee director of GSFC
Natco Pharma Ltd appoints interim CFO as CFO
Intellivate Capital Advisors Ltd approves redesignation of MD
Harita Seating Systems Ltd approves appointment of Non-Executive Independent Director
Makers Laboratories Ltd calls for Board Meeting on Feb 19, 2016
Empee Distilleries Ltd announces resignations of Directors
Everest Kanto Cylinder Ltd to enter into Fire Fighting Business
Ambuja Cements Ltd Board recommends Final Dividend of Rs. 1.20 for 2015


Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2014