Bajaj Auto drives fast
Tuesday, July 14, 2009 11:22 am3509 shares have been traded on BSE in the counter as opposed to a standard everyday volume of 52152 shares in the last single quarter. The stock got an up of Rs.1051 and a down of Rs.1029.90 till now. The stock saw a 52-week up of Rs.1155 on 5th June and a 52-week down of Rs.294.65 on 2nd December last year.
The stock had increased 1.45% as opposed to the BSE’s 12.06% decrease. It had also earned 66.57% as opposed to the BSE’s profit of 22.19%.The present price of Rs.1044.50 slashes the company’s year closed March EPS of Rs.45.24 by a PE manifold of 23.08.
Bajaj Auto’s entire vehicle sales dropped 2% in June over June last year. The company’s motorbike sales dropped 5% in June over June last year. Three-wheeler sales increased 26%, while exports increased 4% in June over June last year.
Bajaj Auto will announce its Quarter 1 June outcome on 16th July. The company’s net gain increased 7.80% on 9.21% decrease in net sales to Rs.1, 883.41crore in Quarter 4 March over Quarter 4 March last year. Bajaj Auto’s entire promoter holding remained at 49.62% as on 31st March.
