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:

Kolte-Patil announces "Book home at LAUNCH PRICE OFFER"
Sphere Global Services bags orders worth Rs. 10 crores
Hindustan Unilever Ltd commences commercial production at its new unit in Assam
ICRA assigns A1+ Credit Rating to Union Bank of India's Certificate of Deposit Program
Nila Infrastructures Ltd enters into two LOAs
N2N Technologies Limited allots shares on amalgamation
JITF Infralogistics Ltd announces change in Directorate
Renaissance Jewellery Ltd approves resignation of MD
AAR Commercial Company Ltd approves appointment of Anupam Khetan as Whole-Time Director
Automation complements in-store human assistance for next level of shopping experience across age and gender
Wockhardt Bio AG receives USFDA approval for Piperacillin and Tazobactam for Injection
Shri Kalyan Holdings Limited announces resignation of company secretary
Mawana Sugars Ltd enters into one time settlement with PNB for Rs. 109.46 crores
ICRA assigns credit rating to Acknit Industries Ltd
NECE allots 34045692 equity shares
Nilkanth Engineering Ltd calls for Board Meeting on March 25, 2017
Tata Metaliks Ltd approves appointment of Director
Mindtree Ltd calls for Board Meeting on March 27, 2017
Camson Bio Technologies announces resignation of independent director
Zensar and Check Point at SecureWorld Boston 2017, Booth #405
Bazel International Ltd forms subsidiaries
The Ramco Cements Limited increases stake in Lynks Logistics Ltd to 45.57%
Vikas WSP Limited to issue 5.10 crore equity shares
Jenburkt Pharmaceuticals crosses Rs. 100 Crores land mark in Sales
PC Jeweller Ltd to open 4 new showrooms
Sharda Cropchem Ltd declares second interim dividend of Rs. 2
ABB India restores crucial power infrastructure in record time for Karnataka, wins smart technology award
Southern Magnesium & Chemicals Ltd approves admission of securities on NSDL
AAR Commercial Company Ltd approves acquisition of Camellia Tradelink Pvt ltd
NBCC India Ltd signs agreement with The Republic Of Mauritiusfor Project Management Services
Asian Granito India Ltd appoints additional directors
Ashoka Buildcon Ltd arm receives LOA for NHAI Project in Andhra Pradesh
U.P. Hotels Ltd approved dividend of Rs. 1
Pearl Global Industries Limited announces change in Directorate
Dilip Buildcon Ltd receives completion certificate for section of NH-167
RPP Infra Projects Limited bags order from KSDB worth Rs. 456 Million
Nilesat and Tata Communications collaborate to ensure robust media delivery and optimised end user viewing experience across MENA region
Reliance Defence and Engineering Ltd approves issue of equity shares to lenders
Indonesia's Leading Rail Transit Operator, PT Mass Rapid Transit Jakarta to run on Ramco ERP
IndusInd Bank opens a branch in Faridabad - expands presence across Haryana
Glenmark Pharmaceuticals receives ANDA approval for Clobetasol Propionate Ointment USP, 0.05%
Divis Laboratories Ltd receives import alert from US FDA for Vizag unit
Jubilant Pharma to negotiate potential acquisition of specialty pharma business in US
Satra Properties India Ltd arm sells stake in wholly owned subsidiary
Sunstar Realty Development Ltd calls for Board Meeting on March 27, 2017
Advance Syntex Ltd announces Participation in SKOCH Achiever Award 2017
Kwality Pharmaceuticals Ltd appoints additional independent director
Varun Beverages Ltd seeks shareholders' approval for further Fund Raising by way of debt issue
Aurobindo Pharma receives USFDA Approval for Guaifenesin and Dextromethorphan Hydrobromide Extended-Release Tablets
Sadbhav Infrastructure Project Ltd approves allotment of Non-Convertible Debentures


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

disclaimer copyright © 2005 - 2017