Bajaj Auto gains 1% after announcing Nov sales figures

India Infoline News Service | Mumbai | December 02, 2016 16:55 IST

The sales of the motorcycles decreased by 12% and stood at 2,37,757 units in the month under review against 2,70,886 units in November 2015.

Bajaj-Auto1
Bajaj Auto Ltd ended at Rs 2702.45, up by Rs 17.3 or 0.64% from its previous closing of Rs 2685.15 on the BSE. The company has registered a decline of 13% in total sales to 2,69,948 units in November 2016 against 3,09,673 units in November 2015. The sales of the motorcycles decreased by 12% and stood at 2,37,757 units in the month under review against 2,70,886 units in November 2015.

The scrip opened at Rs 2666.7 and touched a high and low of Rs 2723.45 and Rs 2653.55 respectively. A total of 238716 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 77700.19 crore.

The BSE group 'A' stock of face value Rs 10 touched a 52 week high of Rs 3122 on 09-Sep-2016 and a 52 week low of Rs 2173.4 on 29-Feb-2016. Last one week high and low of the scrip stood at Rs 2714 and Rs 2603.7 respectively.

The promoters holding in the company stood at 49.29 % while Institutions and Non-Institutions held 25.97 % and 24.72 % respectively.

The stock traded below its 100 DMA.

***Note: This is a NSE Chart

 

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