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Bajaj Auto November sales decline 13%
Written By ZeeBiz WebTeam
Published: | Updated:
The company said that its domestic sales dropped 12% with exports falling maximum (17%), at 97,992 units. Domestic two-wheeler sales stood at 1,39,765 units as against 1,52,663 units in the same month of last year.
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Bajaj Auto managing director Rajiv Bajaj unveils the new motorcycle `V` which contains metal from India`s first aircraft carrier INS Vikrant, during a press conference in New Delhi on Feb 1, 2016. Photo: IANS
Bajaj Auto on Friday said that its sales for the month of November fell 13%, at 2,69,948 units.
The company said that its domestic sales dropped 12% with exports falling maximum (17%), at 97,992 units. Domestic two-wheeler sales stood at 1,39,765 units as against 1,52,663 units in the same month of last year.
Commercial vehicles (CV) sales in the domestic market fell 25% at 14,758 units whereas exports of the same were at 17,433 as against 19,092 units in November of 2015.
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On an year-to-date basis, Bajaj Auto's domestic sales have dropped 2%, CV sales are down 10% and total sales (including exports) are down 3%.
Share price of Bajaj Auto dropped 1% in pre-opening trade on NSE Nifty, at Rs 2,668 per share.
CHECK LIVE SHARE PRICE OF BAJAJ AUTO HERE.
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