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:

Persistent Systems Ltd Board declares Interim Dividend of Rs. 10 for 2014-15
Shriram Transport Finance Company Ltd to seek EGM nod for appointment of independent directors
Uniroyal Marine Exports Ltd to consider quarterly results on Feb 7, 2015
Persistent Systems posts Q3 consolidated net profit of Rs. 74.46 crores
Nahar Spinning Mills Ltd to consider financial results on Feb 3, 2015
Nahar Capital and Financial Services Ltd to consider quarterly results on Feb 3, 2015
Kilpest India Ltd to consider financial results on Feb 2, 2015
Persistent Systems Ltd Board approves 1:1 Bonus Issue
Shriram Transport Finance Company Q3 consolidated net profit lower at Rs. 321.27 crores
Man Infraconstruction Ltd to consider Q3 results on Feb 4, 2015
Goldstone Infratech Ltd to consider quarterly financial results on Feb 6, 2015
Sharda Cropchem Ltd to consider quarterly results on Feb 6, 2015
City Union Bank Q3 PAT rises to Rs. 102.70 crores
Burnpur Cement Ltd calls for Board Meeting on Jan 30, 2015
Ravileela Granites Ltd appoints K Nanda Kumar as additional director
Deepak Spinners Ltd to consider quarterly results on Feb 10, 2015
GKB Ophthalmics Ltd delists equity shares from MSE
Super Spinning Mills Ltd to consider Q3 results on Feb 4, 2015
Sharp India Ltd to consider quarterly results on Feb 7, 2015
TCI Finance Ltd appoints Hemant Kaul as additional director
Private Equity Investors cease their Right to appoint Director in K.P.R. Mill Ltd
NALCO to announce Q3 results on Feb 10, 2015
UltraTech Cement signs agreement with Jaiprakash Associates to acquire 2 cement units
Bharat Electronics Q3 net profit surges to Rs. 271.80 crores
Shri Jagdamba Polymers Ltd to consider 3rd quarter results on Feb 12, 2015
Link Pharma Chem Ltd to sell Unutilized Plots at Nandesari
India Motor Parts & Accessories Ltd elects S Ram as Chairman
Sterling Green Woods Ltd to consider quarterly results on Feb 4, 2015
Steelcast Ltd updates on change in promoters
India Ratings reaffirs Credit Rating of HeidelbergCement India Ltd
Sumedha Fiscal Services Ltd announces closure of Trading Window for results
Gujarat Gas Company Ltd appoints M K Das as Additional Director
Gruh Finance Ltd appoints Hitesh Agarwal as CFO
Dhanuka Agritech Ltd to approve Q3 results on Feb 5, 2015
Aditya Ispat Ltd appoints CFO, Company Secretary
Omax Autos Ltd Board appoints additional director
Sambhaav Media Ltd to approve quarterly results on Jan 31, 2015
Bharat Electronics Ltd Board declares Interim Dividend of Rs. 6 for 2014-15
Modern India Ltd appoints CFO
Jubilant FoodWorks Ltd to announce Q3 results on Feb 05, 2015
NHC Foods Ltd to consider 3rd quarter results on Feb 4, 2015
Orosil Smiths India Ltd to consider financial results on Feb 10, 2015
Kesar Terminals & Infrastructure Ltd Board to consider Interim Dividend for 2014-15
WABCO India Ltd appoints Ms. Lisa Brown as Director
Consolidated Securities Ltd calls for Board Meeting on Jan 30, 2015
Steelcast Ltd to consider financial results on Feb 9, 2015
Monte Carlo Fashions Ltd to consider quarterly results on Feb 3, 2015
Mount Everest Mineral Water Ltd appoints company secretary
MindTree Ltd announces Organization Changes
North Eastern Carrying Corporation Ltd to consider quarterly results on Feb 12, 2015


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

disclaimer copyright © 2005 - 2014