Shares of Bajaj Auto an all-time high after the company posted its October sales numbers.
The company sold a total of 463,208 lakh units in October 2019, down 9% yoy, vs. 506,699 units in Oct 2018. However, the sales came in greater than expected.
The domestic motorcycles segment sales shrunk the most (-14% yoy). Exports also fell 21% yoy.
Bajaj Auto Ltd is currently trading at Rs3,260.45 up by Rs13.7 or 0.42% from its previous closing of Rs3,246.75 on the BSE.
The company sold a total of 463,208 lakh units in October 2019, down 9% yoy, vs. 506,699 units in Oct 2018. However, the sales came in greater than expected.
The domestic motorcycles segment sales shrunk the most (-14% yoy). Exports also fell 21% yoy.
Bajaj Auto Ltd is currently trading at Rs3,260.45 up by Rs13.7 or 0.42% from its previous closing of Rs3,246.75 on the BSE.
No comments:
Post a Comment