Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Jan 04, 2021

Bajaj Auto Sales Rise 11% In December As Exports Surge

Bajaj Auto Sales Rise 11% In December As Exports Surge
Bajaj Auto Ltd. Pulsar motorcycles sit ready at the end of the assembly line at the company’s factory in Pune, India. (Photographer: Kuni Takahashi/Bloomberg)
STOCKS IN THIS STORY
Bajaj Auto Ltd.
--

Bajaj Auto Ltd. reported an 11% increase in total sales in December 2020 driven by a pickup in exports.


The firm sold 3.72 lakh vehicles last month compared to 3.36 lakh units in December 2019, according to an exchange filing. Domestic sales fell 9% to 1.39 lakh units.

Total motorcycle sales rose 19% to 3.38 lakh units, as exports jumped 27% to 2.32 lakh units.

Highlights Of December Sales Performance Of Indian Automakers

  • Maruti Suzuki India Ltd. posted 20% sales growth.

  • Tata Motors Ltd.'s domestic sales rose 21%.

  • Mahindra & Mahindra Ltd. reported 25% growth in farm equipment sales while automotive sales fell.

  • Hyundai Motor India Ltd. registered record December sales.

  • TVS Motor Co. sales jumped 17.5%.

  • Eicher Motor Ltd. sales soared 37%.

  • Ashok Leyland Ltd. reported 14% sales growth.

  • Escorts Ltd. delivered highest-ever December sales.

Get all the details here.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search