Monday, February 06, 2012   SENSEX :   17707.31  [+102.35]    B H E L :   271.35  [+7.55]    Bajaj Auto :   1640.20  [+29.70]    Bharti Airtel :   388.50  [-0.10]    Cipla :   352.40  [+7.55]    Coal India :   327.25  [+1.05]    DLF :   234.90  [+4.60]    GAIL (India) :   389.30  [-1.60]    H D F C :   697.85  [+2.35]    HDFC Bank :   506.70  [+0.35]    Hero Motocorp :   1960.65  [+4.75]    Hind. Unilever :   386.70  [-14.00]    Hindalco Inds. :   155.15  [+2.50]    ICICI Bank :   927.85  [+13.05]    Infosys :   2776.30  [-3.65]    ITC :   202.50  [+1.95]    Jindal Steel :   574.75  [+18.85]    Larsen & Toubro :   1382.75  [+29.00]    M & M :   709.90  [-0.70]    Maruti Suzuki :   1253.60  [+19.10]    NTPC :   177.65  [+1.35]    O N G C :   283.10  [+2.45]    Reliance Inds. :   832.75  [-5.00]    St Bk of India :   2163.05  [+59.95]    Sterlite Inds. :   125.15  [+2.40]    Sun Pharma.Inds. :   546.30  [-9.95]    Tata Motors :   251.05  [+3.10]    Tata Power Co. :   107.45  [-4.90]    Tata Steel :   467.80  [+0.55]    TCS :   1191.95  [+23.80]    Wipro :   425.75  [-0.30]    
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Bajaj Auto in top gear on robust sales in August 2010
(14:42, 03 Sep 2010)

Meanwhile, the BSE Sensex was up 31.36 points, or 0.17% at 18,269.67.

On BSE, 34,962 shares were traded in the counter as against an average daily volume of 46,666 shares in the past one quarter.

The stock hit a high of Rs 2849 and a low of Rs 2790 so far during day. The stock had hit a record high of Rs 2862.90 on 24 August 2010 and a 52-week low of Rs 1161.85 on 2 September 2009.

The large-cap stock had outperformed the market over the past one month till 2 September 2010, gaining 2.07% as compared to the Sensex's return of 0.87%. It had also outperformed the market in the past one quarter, rising 26.54% as compared to the Sensex's return of 8.94%.

The company has an equity capital of Rs 144.68 crore. Face value per share is Rs 10.

The company has set 10 September 2010 as the record date for a liberal 1:1 bonus issue.

Bajaj Auto recorded its highest ever monthly sales in August 2010. The company's total vehicle sales surged 55% to 3.29 lakh units in August 2010 over August 2009. The company's motorcycle sales rose 59% to 2.89 lakh units and commercial vehicles sales increased 34% to 40,188 units in August 2010 over August 2009. Exports jumped 31% to 98,578 units in August 2010 over August 2009.

Bajaj Auto said the motorcycle sales in August 2010 were the highest ever monthly sales. Within the motorcycle segment, both the Pulsar and Discover brands reported highest ever month sales, it said. The company also said its three wheeler sales in August 2010 were the highest ever in a month.

Bajaj Auto's net profit jumped 101.1% to Rs 590.15 crore on 65.4% rise in net sales to Rs 3737.29 core in Q1 June 2010 over Q1 June 2009.

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