Bajaj Auto Limited posts 44% YoY jump in July 2021 sales volume

Bajaj Auto Limited has announced the sales performance for the month of July 2021. The company has reported total sales of 369,116 units in July 2021 as against 255,832 units in July 2020, registering a growth of 44% YoY. The company clocked exports sales of 201,843 units during July 2021, 108% higher than 96,856 units in July 2020. The domestic sales increased 5% to 167,273 in July 2021 as against 158,976 units in July 2020.

Commercial Vehicles sales increased 123% YoY to 38,547 units in July 2021, as compared to 17,276 in July 2020. Exports of Commercial Vehicles was at 27,506 units in July 2021, as against 10,774 in July 2020. Domestic sales of Commercial Vehicles increased 70% in July 2021 to 11,041 units as compared to 6,502 units in July 2020.

The company has sold 330,569 units of two-wheelers during July 2021, as compared to 238,556 in July 2020, an increase of 39% YoY. Exports of motorcycles was 103% higher YoY at 174,337 in July 2021, as against 86,082 in July 2020. Whereas, the domestic sales of motorcycles increased just 2% YoY to 156,232 units in July 2021 as compared to 152,474 units in July 2020.

Shares of Bajaj Auto Limited was last trading in BSE at Rs. 3845 as compared to the previous close of Rs. 3762.8. The total number of shares traded during the day was 10011 in over 1586 trades.

The stock hit an intraday high of Rs. 3857 and intraday low of 3759.95. The net turnover during the day was Rs. 38247674.

Source : Equity Bulls

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