The bull run of the markets has got
Bajaj Auto following their lead on Tuesday. The company is the newest addition to the club of companies with over Rs1 trillion (Rs1 lakh cr) in market cap.
At around 1.18pm, the company's market capitalisation stood at Rs99,377.32cr, after touching the market cap of the elites earlier in the day.
The company's stock was trading in the green, 0.72% higher at Rs3,438.60 per piece on BSE.
With this achievement, the company has become the fourth auto company in the country to hit the 1 trillion mark, after
Maruti Suzuki Ltd,
Mahindra & Mahindra and
Tata Motors.
The company had recently teamed up with the Government of Maharashtra to set up a manufacturing unit for Rs650cr in Chakan.