Bajaj Auto Limited

Bajaj Auto sold 3,69,823 units in month of March 2025 compared to 3,65,904 units in March 2024, recording a growth of 1%. Total sales include domestic sales of 2,21,474 units (flat growth) and exports of 1,48,349 units (up 2%). The company achieved two-wheeler sales of 3,15,732 units (up 1%) and commercial vehicle sales of 54,091 units (up 4%) during the month. Powered by Capital Market - Live

While the company's 2-wheeler sales stood at 3,15,732 units (up 1% YoY), commercial vehicle sales added up to 54,091 units (up 4% YoY) during the period under review. The company's total domestic market sales and export sales for March 2025 were 2,21,474 (0.5% YoY) and 1,48,349 units (up 2% YoY), respectively. Bajaj Auto is engaged in the business of development, manufacturing, and distribution of automobiles such as motorcycles, commercial vehicles, electric two-wheelers, etc., and parts thereof. The auto major's standalone net profit increased 3.27% to Rs 2,108.73 crore on a 5.72% jump in revenue from operations to Rs 12,806.85 crore in Q3 FY25 over Q3 FY24. The scrip fell 2.17% to currently trade at Rs 7896.30 on the BSE. Powered by Capital Market - Live

The firm added that this appointment is based on the recommendation of the nomination and remuneration committee. Rajivnayan Rahulkumar Bajaj graduated first in class, with distinction, in Mechanical Engineering from the prestigious 'College Of Engineering Pune' (COEP) in 1988, and then completed his master's in Manufacturing Systems Engineering, with distinction, from the University of Warwick in 1991. He joined Bajaj Auto in the year 1990 and has since then worked in the areas of manufacturing & supply chain (1990 - 1995), R&D and engineering (1995 - 2000) and marketing & sales (2000 - 2005) and has been its managing director since April 2005. Bajaj Auto is engaged in the business of development, manufacturing, and distribution of automobiles such as motorcycles, commercial vehicles, electric two-wheelers, etc., and parts thereof. The auto major's standalone net profit increased 3.27% to Rs 2,108.73 crore on a 5.72% jump in revenue from operations to Rs 12,806.85 crore in Q3 FY25 over Q3 FY24.Powered by Capital Market - Live

Securities in F&O Ban: Bombay Stock Exchange (BSE), Hindustan Copper, Manappuram Finance, IndusInd Bank, SAIL are banned from F&O trading on 19 March 2025. Stocks to Watch: Bajaj Auto's board approved the re-appointment of Rajivnayan Rahulkumar Bajaj as the managing director (MD) and chief executive officer (CEO) for another five years from April 1, 2025. Larsen & Toubro's board will meet on 21 March 2025 to consider fund raising through a debt issue. Zydus Lifesciences has received final approval from United States Food and Drug Administration (USFDA) to manufacture Apalutamide tablets, 60 mg. Apalutamide is an androgen receptor inhibitor used for the treatment of patients with metastatic castration-sensitive prostate cancer. GR Infraprojects received letter of acceptance from the National Highways Authority of India (NHAI) for a project worth Rs 4,262.78 crore. The project involves the construction of the Agra-Gwalior Greenfield road in Uttar Pradesh, Rajasthan, and Madhya Pradesh on a DBFOT pattern under the BOT (Toll) Mode, as part of the NH(O) scheme. ESAF Small Finance Bank's board will meet on 21st March 2025, to consider fund raising through the issuance of non convertible debentures (NCDs) (Tier II bonds) on a preferential basis. Bharat Petroleum Corporation (BPCL) has entered into a quadripartite memorandum of understanding (MoU) with BluJ Aerospace, the Agency for New and Renewable Energy Research and Technology (ANERT), the Government of Kerala, and Cochin International Airport (CIAL) to develop the first hydrogen-fueled Vertical Take-off and Landing (VTOL) aircraft ecosystem globally.Powered by Capital Market - Live

Bajaj Auto Ltd is up for a third straight session today. The stock is quoting at Rs 7554.65, up 1.24% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.03% on the day, quoting at 22550.8. The Sensex is at 74315, down 0.03%. Bajaj Auto Ltd has slipped around 14.93% in last one month. Meanwhile, Nifty Auto index of which Bajaj Auto Ltd is a constituent, has slipped around 9.19% in last one month and is currently quoting at 20959.7, up 0.13% on the day. The volume in the stock stood at 5.22 lakh shares today, compared to the daily average of 4 lakh shares in last one month. The benchmark March futures contract for the stock is quoting at Rs 7577.15, up 1.05% on the day. Bajaj Auto Ltd is down 12.76% in last one year as compared to a 0.98% jump in NIFTY and a 0.06% jump in the Nifty Auto index.The PE of the stock is 25.27 based on TTM earnings ending December 24.Powered by Capital Market - Live

Bajaj Auto reported sales of 3,52,071 units in month of February 2025 compared to 3,46,662 units in February 2024, recording a growth of 2%. Total sales include domestic sales of 1,83,415 units (down 11% YoY) and exports of 1,68,656 units (up 21% YoY). The company sold 2,99,418 two-wheelers (up 2% YoY) and 52,653 commercial vehicles (up 1% YoY) in the month of February 2025. Powered by Capital Market - Live

Bajaj Auto Ltd dropped for a fifth straight session today. The stock is quoting at Rs 7997.4, down 2.85% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.84% on the day, quoting at 22131.1. The Sensex is at 73247.33, down 1.83%.Bajaj Auto Ltd has eased around 7.29% in last one month.Meanwhile, Nifty Auto index of which Bajaj Auto Ltd is a constituent, has eased around 8.74% in last one month and is currently quoting at 21335.35, down 3.39% on the day. The volume in the stock stood at 3.21 lakh shares today, compared to the daily average of 3.41 lakh shares in last one month. The benchmark March futures contract for the stock is quoting at Rs 8050, down 2.63% on the day. Bajaj Auto Ltd jumped 1.11% in last one year as compared to a 0.67% rally in NIFTY and a 0.98% spurt in the Nifty Auto index.The PE of the stock is 27.87 based on TTM earnings ending December 24.Powered by Capital Market - Live

The domestic equity indices ended with substantial losses on Monday, primarily driven by mixed global sentiment and a weak handover from the US markets. Concerns over Donald Trump's tariff policies and their potential impact on the US economy, along with reports of a new bat coronavirus strain in China and renewed tensions between Russia and Ukraine, weighed heavily on investor sentiment. The Nifty settled below the 22,600 level. As per provisional closing data, the barometer index, the S&P BSE Sensex, tumbled 856.65 points or 1.14% to 74,454.41. The Nifty 50 index dropped 242.55 points or 1.06% to 22,553.35. In the broader market, the S&P BSE Mid-Cap index shed 0.78% and the S&P BSE Small-Cap index slipped 1.31%. The market breadth was weak. On the BSE, 1,207 shares rose and 2,810 shares fell. A total of 183 shares were unchanged. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, rose 0.60% to 14.44. Economy: India's foreign exchange reserves snapped a three-week gaining streak to drop to $635.72 billion as of February 14, coming off over one-month highs, data released by the central bank on Friday showed. Foreign currency assets, the largest component of forex reserves, dropped by $4.515 billion to $539.591 billion. Gold reserves, however, saw a rise of $1.942 billion, reaching $74.15 billion during the week. Meanwhile, special drawing rights (SDRs) increased by $19 million to $17.897 billion, and India's reserve position with the International Monetary Fund (IMF) edged up by $14 million to $4.083 billion. New Listing: Shares of Quality Power Electrical Equipments were ended at Rs 387.05 on the BSE, representing a discount of 8.93%, compared with the issue price of Rs 425. The scrip was listed at Rs 432, exhibiting a premium of 1.65% to the issue price. So far, the stock has hit a high of 432.05 and a low of 397. On the BSE, over 3.08 lakh shares of the company were traded in the counter so far. The initial public offering (IPO) of Quality Power Electrical Equipments was subscribed 1.29 times. The issue opened for bidding on 14 February 2025, and it closed on 18 February 2025. The price band of the IPO was fixed between Rs 401 to 425 per share. Buzzing Index: The Nifty IT index dropped 2.71% to 39,446.60. The index fell 4.87% in the four trading sessions. LTIMindtree (down 4.74%), L&T Technology Services (down 4.64%), Wipro (down 3.69%), HCL Technologies (down 3.33%), Mphasis (down 3.1%), Tata Consultancy Services (down 2.92%), Infosys (down 2.8%), Tech Mahindra (down 2.17%), Persistent Systems (down 1.23%) declined. Stocks in Spotlight: Bajaj Auto shed 0.79%. The company said its board has approved an investment of up to Euro 150 million (Rs 1,364) crore in its wholly-owned arm, Bajaj Auto International Holdings BV, Netherlands, to fund the needs of the latter towards investment opportunities. Manappuram Finance rose 1.62%, following media reports indicating that American private equity firm Bain Capital is considering acquiring a significant portion of the company's promoter stake. According to these reports, the deal would involve Manappuram's promoter group, led by managing director and CEO V.P. Nandakumar, selling a substantial portion of its 35.25% holding to Bain Capital. The media reports suggest that if the deal materializes, Bain Capital may subsequently launch a voluntary open offer to acquire an additional 26% stake in Manappuram Finance. Granules India advanced 1.53% after the company said that its board has approved to acquire 100% stake in Senn Chemicals AG, a Switzerland based company, for a total consideration of Rs 192.5 crore (CHF 20 million). Hazoor Multi Projects declined 2.34% after the company announced that it has bagged a contract from Venkatesh Infra Projects worth Rs 102.10 crore. NBCC (India) shed 1.45%. The company has announced that it has received a work order worth Rs 264.16 crore from NIT Kurukshetra. Colab Cloud Platforms hit an upper circuit of 2% after the company announced that it has formed a wholly-owned subsidiary (WOS) named Colab Sports Ventures, which will focus on the business of sports goods, equipment, and apparels. Granules India advanced 1.53% after the company said that its board has approved to acquire 100% stake in Senn Chemicals AG, a Switzerland based company, for a total consideration of Rs 192.5 crore (CHF 20 million). Zydus Lifesciences rose 0.62%. The company said that it has received final approval from the United States Food and Drug Administration (USFDA) to manufacture Ibuprofen and Famotidine tablets, 800 mg/26.6 mg. (USRLD: Duexis Tablets, 800 mg/26.6 mg). NTPC dropped 1.79%. The company and EDF India, a subsidiary of 'lectricit' de France (EDF), have signed a non-binding term sheet to develop pumped storage, hydropower, and other renewable energy projects, as well as explore opportunities in the distribution business. Global Market: US Dow Jones index futures were up 299 points, suggesting a strong opening for US equities. Most European shares advanced on Monday following the victory of Germany's conservative party in national elections. Asian stocks ended lower, as mirroring Wall Street's sharpest decline of the year. US economic data revealed weakening service sector activity and diminished consumer sentiment, fueling concerns about a potential slowdown and its impact on corporate earnings. Additionally, renewed inflation worries and unease stemming from a new bat coronavirus study in China contributed to market volatility. US indices experienced significant losses Friday, triggered by disappointing service sector PMI and consumer sentiment figures. These data points heightened apprehension about a cooling US economy. While weaker growth could prompt the Federal Reserve to consider interest rate cuts, it also raises the possibility of a less favorable business climate, potentially affecting corporate profitability. Economic uncertainty was further amplified by the possibility of new 25% tariffs on automobile, pharmaceutical, semiconductor, and lumber imports. The S&P 500 fell 1.7% to 6,013.13, the NASDAQ Composite dropped 2.2% to 19,524.01, and the Dow Jones Industrial Average decreased 1.7% to 43,428.02. S&P Global's preliminary composite purchasing managers' index for the US declined to 50.4 in February from 52.7 in January, with the services PMI falling to 49.7 from 52.9. The University of Michigan's sentiment index showed US consumer sentiment weakened in February, registering 64.7, down from 71.1. NVIDIA Corporation shares fell 4.1% on Friday, reflecting growing anticipation and uncertainty ahead of the company's earnings release this week.Powered by Capital Market - Live

The headline equity benchmarks traded with significant losses in afternoon trade, primarily driven by mixed global sentiment and a weak handover from the US markets. Concerns over Donald Trump's tariff policies and their potential impact on the US economy, along with reports of a new bat coronavirus strain in China and renewed tensions between Russia and Ukraine, weighed heavily on investor sentiment. The Nifty traded below the 22,600 level. IT, Metal and oil & gas shares declined while FMCG, pharma and auto stocks edged higher. At 13:25 IST, the barometer index, the S&P BSE Sensex, tumbled 804.79 points or 1.07% to 74,512.08. The Nifty 50 index dropped 235.50 points or 1.03% to 22,560.40. In the broader market, the S&P BSE Mid-Cap index shed 0.73% and the S&P BSE Small-Cap index slipped 0.76%. The market breadth was weak. On the BSE, 1,219 shares rose and 2,684 shares fell. A total of 190 shares were unchanged. Economy: India's foreign exchange reserves snapped a three-week gaining streak to drop to $635.72 billion as of February 14, coming off over one-month highs, data released by the central bank on Friday showed. Foreign currency assets, the largest component of forex reserves, dropped by $4.515 billion to $539.591 billion. Gold reserves, however, saw a rise of $1.942 billion, reaching $74.15 billion during the week. Meanwhile, special drawing rights (SDRs) increased by $19 million to $17.897 billion, and India's reserve position with the International Monetary Fund (IMF) edged up by $14 million to $4.083 billion. Gainers & Losers: Eicher Motors (up 1.61%), Mahindra & Mahindra (up 1.54%), Dr. Reddy's Laboratories (up 1.39%), Nestle India (up 0.60%) and Tata Consumer Products (up 0.57%) were the major Nifty gainers. Wipro (down 3.70%), Infosys (down 3.32%), HCL Technologies (down 3.15%), Tata Consultancy Services (down 2.29%), and Hindalco Industries (down 2.03%) were the major Nifty losers. Stocks in Spotlight: Bajaj Auto shed 0.96%. The company said its board has approved an investment of up to Euro 150 million (Rs 1,364) crore in its wholly-owned arm, Bajaj Auto International Holdings BV, Netherlands, to fund the needs of the latter towards investment opportunities. Granules India advanced 2.07% after the company said that its board has approved to acquire 100% stake in Senn Chemicals AG, a Switzerland based company, for a total consideration of Rs 192.5 crore (CHF 20 million). Hazoor Multi Projects added 1.87% after the company announced that it has bagged a contract from Venkatesh Infra Projects worth Rs 102.10 crore. NBCC (India) shed 0.49%. The company has announced that it has received a work order worth Rs 264.16 crore from NIT Kurukshetra. Colab Cloud Platforms hit an upper circuit of 2% after the company announced that it has formed a wholly-owned subsidiary (WOS) named Colab Sports Ventures, which will focus on the business of sports goods, equipment, and apparels. Global Markets: US Dow Jones index futures were up 193 points, suggesting a strong opening for US equities. Most European shares advanced on Monday following the victory of Germany's conservative party in national elections. Most Asian stocks declined, as mirroring Wall Street's sharpest decline of the year. US economic data revealed weakening service sector activity and diminished consumer sentiment, fueling concerns about a potential slowdown and its impact on corporate earnings. Additionally, renewed inflation worries and unease stemming from a new bat coronavirus study in China contributed to market volatility. US indices experienced significant losses Friday, triggered by disappointing service sector PMI and consumer sentiment figures. These data points heightened apprehension about a cooling US economy. While weaker growth could prompt the Federal Reserve to consider interest rate cuts, it also raises the possibility of a less favorable business climate, potentially affecting corporate profitability. Economic uncertainty was further amplified by the possibility of new 25% tariffs on automobile, pharmaceutical, semiconductor, and lumber imports. The S&P 500 fell 1.7% to 6,013.13, the NASDAQ Composite dropped 2.2% to 19,524.01, and the Dow Jones Industrial Average decreased 1.7% to 43,428.02. S&P Global's preliminary composite purchasing managers' index for the US declined to 50.4 in February from 52.7 in January, with the services PMI falling to 49.7 from 52.9. The University of Michigan's sentiment index showed US consumer sentiment weakened in February, registering 64.7, down from 71.1. NVIDIA Corporation shares fell 4.1% on Friday, reflecting growing anticipation and uncertainty ahead of the company's earnings release this week. Powered by Capital Market - Live

The key equity benchmarks traded in rangebound with substantial losses in mid-morning trade as investors remained cautious amid negative global sentiment and FII selling. The Nifty traded below the 22,600 level. Bank shares declined for third consecutive trading session. At 11:25 IST, the barometer index, the S&P BSE Sensex, declined 739.65 points or 0.98% to 74,566.92. The Nifty 50 index dropped 216.10 points or 0.95% to 22,579.80. In the broader market, the S&P BSE Mid-Cap index shed 0.92% and the S&P BSE Small-Cap index slipped 0.90%. The market breadth was weak. On the BSE, 1,106 shares rose and 2,644 shares fell. A total of 168 shares were unchanged. Listings: Shares of Quality Power Electrical Equipments were currently trading at Rs 406.30 at 11:19 IST on the BSE, representing a discount of 4.4%, compared with the issue price of Rs 425. The scrip was listed at Rs 432, exhibiting a premium of 1.65% to the issue price. So far, the stock has hit a high of 432.05 and a low of 397. On the BSE, over 3.08 lakh shares of the company were traded in the counter so far. The initial public offering (IPO) of Quality Power Electrical Equipments was subscribed 1.29 times. The issue opened for bidding on 14 February 2025, and it closed on 18 February 2025. The price band of the IPO was fixed between Rs 401 to 425 per share. Buzzing Index: The Nifty Bank index dropped 1.18% to 48,402.30. The index fell 2.36% in the past three trading sessions. HDFC Bank (down 1.75%), ICICI Bank (down 1.63%), IndusInd Bank (down 1.55%), IDFC First Bank (down 1.39%), Bank of Baroda (down 1.29%), Canara Bank (down 1.28%), State Bank of India (down 0.93%), Punjab National Bank (down 0.86%), AU Small Finance Bank (down 0.64%) and Axis Bank (down 0.63%) declined. Stocks in Spotlight: Bajaj Auto shed 0.94%. The company said its board has approved an investment of up to Euro 150 million (Rs 1,364) crore in its wholly-owned arm, Bajaj Auto International Holdings BV, Netherlands, to fund the needs of the latter towards investment opportunities. NTPC fell 0.92%. The company and EDF India, a subsidiary of 'lectricit' de France (EDF), have signed a non-binding term sheet to develop pumped storage, hydropower, and other renewable energy projects, as well as explore opportunities in the distribution business. Easy Trip Planners declined 1.55%. The company has announced that its wholly owned subsidiaries, YoloBus and Easy Green Mobility, have successfully secured Madhya Pradesh Government's first inter-city electric buses tender, issued by Sagar City Transport Services (SCTSL).Powered by Capital Market - Live