Results of major FMCG companies like Dabur, HUL, and Colgate and automobile firms like Tata Motors, Maruti Suzuki, and Bajaj Auto paint a positive picture of consumer demand in the country
Bajaj Auto could touch a total of 1 lakh electric two-wheelers between Chetak and what it supplies to electric mobility platform Yulu
Bajaj Auto plans to open Triumph dealerships in over 120 cities in the next two years in line with Triumph's global standards
The total vehicle sales (two-wheelers and commercial vehicles) stood at 10,27,407 units in Q1FY24, registering a growth of 10 per cent against 9,33,646 units sold in the same quarter of FY23
For the full fiscal 2022-23, standalone PAT rose 12 per cent to Rs 5,627.60 crore from Rs 5,018.87 crore recorded in FY22, the company said
Two-wheeler wholesales in the domestic market rose 25 per cent to 1,20,335 units, as compared to 96,523 units in the year-ago period
Commercial vehicle sales were up 49 per cent at 43,293 units, as against 29,063 units in April 2022
These new generation vehicles are developed on a purpose-built platform for electric 2-wheelers that is engineered for Indian consumers, climate and road conditions
The company's vehicle sales stood at 3,63,443 units in the year-ago period
The Pune-based company had reported a net profit of Rs 1,430 crore for October-December period a year ago
KTM, which is primarily into high-end racing bikes, has a 50.1:49.9 manufacturing JV with Bajaj Auto
KTM claims to be the world's No 1 premium motorbike brand
On the other hand, two-wheeler exports declined 29 per cent at 1,35,772 units as against 1,92,565 units in October 2021.
The Pune-based company had posted a consolidated net profit of Rs 2,040 crore in the July-September quarter of the previous fiscal
The two-wheeler exports volume fell 28 per cent to 1,44,840 units in August this year, from 2,00,675 units in the year-ago period, the company said in a...
The commercial vehicle (CV) sales rose 3 per cent in the month at 39,616 units over 38,547 CVs sold in domestic and international markets in July last year, as...
Almost 64 per cent of women are working in manufacturing plants and in engineering, according to the company's annual report for 2021-22
At 9:21 am, the 30-share BSE Sensex was trading 215 points or 0.42 per cent lower at 51,280, whereas the NSE Nifty 50 index declined 86 points or 0.56 per cent...
Bajaj Auto Managing Director Rajiv Bajaj said that the people who have no business being in the business of EVs are trying to be in this space
At 9:17 am, the 30-share BSE Sensex was trading 580 points or 1.05 per cent lower at 54,739, whereas the NSE Nifty 50 index declined 189 points or 1.15 per...
At 9:18 am, the BSE Sensex was down 299 points or 0.55 at 54,602, whereas the Nifty 50 index plunged 99 points or 0.61 per cent at 16,256
At 9:18 am, BSE Sensex dipped 72 points or 0.13 per cent at 55,696, whereas the Nifty 50 index slipped 16 points or 0.10 per cent at 16,567.
Total commercial vehicle sales during the reporting month stood at 26,369 units, 16 per cent down from 31,308 vehicles sold in May last year.
At 9:18 am, BSE Sensex was down 364 points or 0.65 per cent at 55,561, whereas the Nifty 50 index slipped 91 points or 0.55 per cent at 16,569.
The company had sold 3,88,016 units in the same month last year, Bajaj Auto said in a statement.
