Rajiv Bajaj on Friday attributed the rise in prices of two-wheelers to ‘overruglation’ of the market and asked the government to reconsider the GST rate on two-wheelers, calling for them to be lower. “This kind of a dramatic change in price owes itself to many things, but most of all, over-regulation of the market,” Bajaj … Read more
Bajaj Auto’s Managing Director, Rajiv Bajaj, today outlined the company’s strategy for the Indian market during an interview with CNBC TV. In an interview with CNBC TV, Rajiv Bajaj said that like a double engine ki sarkaar, we are a double engine ka karobar. We will follow a two-pronged approach for sports bikes, two-pronged approach … Read more
Bajaj Auto has unvield its latest marvel, the new Pulsar NS400Z at Rs 1.85 lakh (ex showroom price Delhi). With a potent 373cc engine under its hood, delivering an impressive 40 PS of power and 35 Nm of torque, this machine is poised to redefine the standards of performance in its segment. The unveiling ceremony … Read more
Rallies in the markets may not present a clear picture of certain key developments. This is the very nature of the markets. A little bit of digging helps reveal stories which may not be apparent in the broad sentiment which engulfs the markets. Take for instance, the banking index. In the past one year ended … Read more
Brokerage Citigroup maintained a buy rating on HDFC Life, and JPMorgan remained overweight on Bajaj Auto and Infosys. Citigroup recommended a sell on TVS Motor. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Citigroup on HDFC Life: Buy| Target Rs 710 Citigroup maintained a buy rating on … Read more
Shares of Bajaj Auto fell 3% at Rs 8,753 on Friday after the two-wheeler major reported a standalone net profit of Rs 1,936 crore for the quarter ended March 31, 2024, which was up by over 35% from Rs 1,432.88 crore reported by the company in the year-ago period. The standalone revenue for the reported … Read more
Bajaj Auto is aiming to achieve its target of producing 10,000 units of its Triumph motorcycles each month by September, a company executive said on Thursday. “I would pin that in the first half (of fiscal 2025),” Dinesh Thapar, Bajaj Auto’s financial chief, said in a post-earnings call when asked about the goal’s trajectory. “Consider … Read more
Indian two-wheeler major Bajaj Auto is expected to report a net profit of Rs 1,606 crore for the quarter ended March 31, 2024 which will be a 29.45% year-on-year jump over the profit after tax (PAT) of Rs 1,432.90 crore reported by the company in the year ago period, according to average estimated of four … Read more
New Delhi: Distribution and finance options across the small towns and cities of India are likely to determine the outcome of a fierce battle about to break out between legacy and new-age OEMs in the electric scooter segment. The battle is in the making after Ather Energy announced the launch of Rizta, a family scooter, … Read more
Realty stocks jumped up to 7.2% on Friday after the rate-setting committee of the Reserve Bank of India (RBI) left the repo rate unchanged for the seventh time in a row. Mahindra Lifespace Developers gained the most in the Nifty Realty index. The other top gainers were Godrej Properties, Oberoi Realty, DLF, Brigade Enterprises, Macrotech … Read more
