Bajaj Auto reports lower sales in December 2021

Bajaj Auto Limited has announced the sales performance for the month of December 2021. The company has reported total sales of 362,470 units in December 2021 as against 372,532 units in December 2020, registering a drop of 3% YoY. The company clocked exports sales of 216,491 units during December 2021, 7% lower than 232,926 units in December 2020. The domestic sales was up 5% to 145,979 in December 2021 as against 139,606 units in December 2020.

Commercial Vehicles sales increased 29% YoY to 43,701 units in December 2021, as compared to 33,948 in December 2020. Exports of Commercial Vehicles was at 25,315 units in December 2021, as against 22,984 in December 2020. Domestic sales of Commercial Vehicles increased 68% in December 2021 to 18,386 units as compared to 10,964 units in December 2020.

The company has sold 318,769 units of two-wheelers during December 2021, as compared to 338,584 in December 2020, a drop of 6% YoY. Exports of motorcycles was down 9% YoY at 191,176 in December 2021, as against 209,942 in December 2020. Whereas, the domestic sales of motorcycles decreased 1% YoY to 127,593 units in December 2021 as compared to 128,642 units in December 2020.

Shares of Bajaj Auto Limited was last trading in BSE at Rs. 3275.90 as compared to the previous close of Rs. 3250.80. The total number of shares traded during the day was 14259 in over 2798 trades.

The stock hit an intraday high of Rs. 3292.20 and intraday low of 3251.25. The net turnover during the day was Rs. 46700329.00.

Source : Equity Bulls

Keywords

BajajAuto INE917I01010 2Wheelers CommercialVehicles December2021 SalesVolume Exports