For January 2020, Bajaj Auto's total sales came in at 3.94 lakh units, lower by 3% yoy vs. 4.07 lakh units reported in the corresponding month last year. Further, total 2-wheeler (domestic + exports) sales slip 5% to 3.32 lakh units vs. 3.50 lakh units sold in January 2019. Total commercial vehicles (domestic + exports) sales for January 2020 came in at 62,131 units vs. 56,690 units in January 2019, higher by 10% yoy.
The stock is trading lower by ~1% in trade today.
For January 2020, total 2-wheelers + CV sales (domestic + exports) stood at 3.94 lakh units, down 3% yoy vs. 4.07 units resgistered in January 2019.
Stock view:
Bajaj Auto Ltd is currently trading at Rs3,253 down by Rs36.5 or 1.11% from its previous closing of Rs3,289.50 on the BSE.
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