3-wheeler dominance gives Bajaj confidence to try 2-wheelers running on CNG

Bajaj Auto, the king of the market for CNG-powered passenger three-wheelers, now wants to replicate this dominance in two-wheelers.

Photograph: Rupak De Chowdhuri/Reuters
The difference is that while the former is zooming — registrations for CNG-powered passenger three-wheelers nearly doubled during January-December 2023 — the latter, meaning a market for CNG-powered two-wheelers, does not exist.
CNG, or compressed natural gas, works in a way similar to petrol in internal combustion…
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Source: https://m.rediff.com/amp/money/report/auto-3-wheeler-dominance-gives-bajaj-confidence-to-try-2-wheelers-running-on-cng/20240131.htm

Bajaj To Launch New Chetak EV Variant & NS400 In India Soon

Rendering Bajaj Auto has a few innovative launches lined up this year, including a new Chetak EV variant, Pulsar NS400, and a revolutionary CNG-powered bike Bajaj Auto is set to introduce exciting additions to its lineup, signaling a strong push toward innovation and market expansion. The company’s Executive Director, Rakesh Sharma, revealed in a post-earnings call that the company plans to unveil a new variant of its popular electric scooter, Chetak, and the eagerly…
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Source: https://gaadiwaadi.com/bajaj-to-launch-new-chetak-ev-variant-ns400-in-india-soon/amp/

Bajaj leaves TVS Motor in the rearview

There is not much to fault in the October-December quarter results of the country’s two largest listed two-wheeler exporters — Bajaj Auto and TVS Motor Company. While the operational performance for both was strong, the latter missed estimates of some brokerages by a small margin. Although export recovery will be a key monitorable for both companies, Bajaj Auto’s margin performance despite the inferior product mix has been a talking point. Analysts at Elara Securities, led by Jay…
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Source: https://www.business-standard.com/amp/companies/news/navigating-the-profit-turn-bajaj-auto-leaves-tvs-motor-in-the-rearview-124012800338_1.html

Bajaj Auto plans to ‘unlock capacities’, grow network in Q4, ET Auto

Bajaj Auto has reported a consolidated Profit After Tax (PAT) at INR 2,033 crore in Q3 FY24, up from INR 1,473 crore in Q3 FY23. New Delhi: Moving on an expansion mode, two and three-wheeler major Bajaj Auto is looking to scale up its three key businesses-…
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Source: https://auto.economictimes.indiatimes.com/amp/news/industry/bajaj-auto-looks-to-unlock-capacities-grow-network-in-q4/107128478

Bajaj Auto Q3 profit rises 37%, beats estimates- Republic World

Bajaj Auto | Image:Bajaj AutoBajaj Auto, the country’s second largest two-wheeler maker, on Wednesday reported better than anticipated third-quarter profit on Wednesday, helped by strong domestic demand for its motorcycles and three-wheelers.The company reported net profit of Rs 2,042 crore for third quarter of current financial year, up 37 per cent from Rs 1,491 crore in the same period last financial year. Analysts on an average estimated the company to report net profit of Rs 1,947 crore,…
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Source: https://www.republicworld.com/business/bajaj-auto-q3-profit-rises-37-beats-estimates/

IRFC market capitalisation surpasses M&M, Bajaj Auto

New Delhi, Jan 19 (IANS) The Indian Railway Finance Corporation’s (IRFC) market capitalisation crossed Rs 2 lakh crore on Friday, surpassing the market capitalisation of Mahindra and Mahindra (NS:) and Bajaj Auto (NS:).IRFC is now valued at Rs 2.08 lakh crore.
It had earlier surpassed Tata Steel (NS:) in market capitalisation. IRFC is up 8.8 per cent on Friday.
Railway stocks jumped up to 15 per cent on BSE on Friday led by Rail Vikas Nigam (NS:) Limited (RVNL).
RVNL is up 15.47 per…
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Source: https://in.investing.com/news/irfc-market-capitalisation-surpasses-mm-bajaj-auto-3979818

Bajaj Auto Share Price Today Live Updates: Bajaj Auto Closes at Rs 7165.95 with 1731 Shares Traded

09:12:19 AM IST, 19 January 2024Bajaj Auto Share Price Today Live Updates: Bajaj Auto Closes at Rs 7165.95 with 1731 Shares TradedBajaj Auto closed at Rs 7165.95 yesterday with a trading volume of 1731 shares. The average trading volume over the past 7 days was 441,670 shares.09:06:44 AM IST, 19 January 2024Bajaj Auto Share Price Today Live Updates: Bajaj Auto Closes at Rs 7165.95 with 6-Month Beta of 0.6979Bajaj Auto closed at Rs 7165.95 yesterday, with a 6-month beta of 0.6979.08:50:46…
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Source: https://economictimes.indiatimes.com/markets/stocks/stock-liveblog/bajaj-auto-share-price-today-live-updates-19-jan-2024/amp_liveblog/106972661.cms

Bajaj Auto Stocks Updates: Bajaj Auto Witnesses 1.19% Decrease in Price, Trading Volume at 510,743 Units

03:16:45 PM IST, 18 January 2024Bajaj Auto Stocks Updates: Bajaj Auto Witnesses 1.19% Decrease in Price, Trading Volume at 510,743 UnitsThe current price of Bajaj Auto is Rs 7080.95, with a decrease of 1.19% today. The trading volume for the stock is 510,743 units, while the average volume over the past 7 days is 559,655 units.02:46:58 PM IST, 18 January 2024Bajaj Auto Stocks Live Updates: Bajaj Auto Sees 1.02% Decline Today, 1-Year Returns at 98.51%The current price of Bajaj Auto is Rs…
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Source: https://economictimes.indiatimes.com/markets/stocks/stock-liveblog/bajaj-auto-stocks-live-updates-18-jan-2024/amp_liveblog/106942774.cms