Bajaj Auto November sales decline 13%

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.

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.

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.

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.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.