Bajaj Auto gained 0.52% to Rs 3,257.50 at 11:00 IST on BSE after total sales rose 7% to 3.82 lakh units in October 2017 over October 2016.
The announcement was made before market hours today, 2 November 2017.Meanwhile, the S&P BSE Sensex was up 43.56 points, or 0.13% to 33,643.83.
On the BSE, 3,997 shares were traded in the counter so far, compared with average daily volumes of 21,506 shares in the past one quarter. The stock had hit a high of Rs 3,277 and a low of Rs 3,242.45 so far during the day. The stock had hit a record high of Rs 3,337.40 on 27 October 2017. The stock had hit a 52-week low of Rs 2,510 on 15 November 2016.
The large-cap company has equity capital of Rs 289.37 crore. Face value per share is Rs 10.
Bajaj Auto's domestic sales rose 4% to 2.47 lakh units in October 2017 over October 2016. Exports rose 15% to 1.35 lakh units in October 2017 over October 2016.
Bajaj Auto's consolidated net profit fell 0.6% to Rs 1193.58 crore on 8.8% rise in net sales to Rs 6474.78 crore in Q2 September 2017 over Q2 September 2016.
Bajaj Auto manufactures motorcycles, three-wheelers and quadricycles. The company is the world's third largest motorcycle manufacturer and is the largest three wheeler and quadricycle manufacturer.
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