Friday 20 June 2014

Bajaj Auto gains on the buzz of plan to launch quadricycle by October 2014

Bajaj Auto is currently trading at Rs. 2174.70, up by 13.85 points or 0.64% from its previous closing of Rs. 2160.85 on the BSE.
The scrip opened at Rs. 2170.00 and has touched a high and low of Rs. 2184.00 and Rs. 2152.85 respectively. So far 3023 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2228.75 on 13-Jun-2014 and a 52 week low of Rs. 1683.35 on 28-Aug-2013.

Last one week high and low of the scrip stood at Rs. 2228.75 and Rs. 2137.05 respectively. The current market cap of the company is Rs. 62597.32 crore.
The promoters holding in the company stood at 50.02% while Institutions and Non-Institutions held 25.68% and 24.30% respectively.

Bajaj Auto is a $2.3 billion company founded in 1926. It is world’s fourth largest two and three-wheeler manufacturer. The company had registered a 4% rise in total sales to 351,436 units in May 2014 against 339,348 units in May 2013. The sales of the motorcycles increased by 3% and stood at 313,020 units in the month under review against 304,780 units in May 2013.

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