Stock Report

Bajaj Auto Limited has sold 369,448 units in March 2021



Posted On : 2021-04-02 11:19:32( TIMEZONE : IST )

Bajaj Auto Limited has sold 369,448 units in March 2021

Bajaj Auto Limited has announced the sales performance for the month of March 2021. The company has reported total sales of 369,448 units in March 2021 as against 242,575 units in March 2020, registering a growth of 52% YoY. The company clocked exports sales of 170,897 units during March 2021, 36% higher than 126,034 units in March 2020. The domestic sales increased 70% to 198,551 in March 2021 as against 116,541 units in March 2020.

The company has sold 330,133 units of two-wheelers during March 2021, as compared to 210,976 in March 2020, an increase of 56% YoY. Exports of motorcycles was 32% higher YoY at 148,740 in March 2021, as against 112,564 in March 2020. Whereas, the domestic sales of motorcycles increased 84% YoY to 181,393 units in March 2021 as compared to 98,412 units in March 2020.

Commercial Vehicles sales increased 24% YoY to 39,315 units in March 2021, as compared to 31,599 in March 2020. Exports of Commercial Vehicles was at 22,157 units in March 2021, as against 13,470 in March 2020. Domestic sales of Commercial Vehicles dropped 5% in March 2021 to 17,158 units as compared to 18,129 units in March 2020.

Shares of BAJAJ AUTO LTD. was last trading in BSE at Rs.3747.1 as compared to the previous close of Rs. 3671.7. The total number of shares traded during the day was 53253 in over 5937 trades.

The stock hit an intraday high of Rs. 3763.8 and intraday low of 3690. The net turnover during the day was Rs. 199402036.

Source : Equity Bulls

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