Bajaj Auto Limited reports 5% YoY growth in August 2021 sales volume

Bajaj Auto Limited has announced the sales performance for the month of August 2021. The company has reported total sales of 373,270 units in August 2021 as against 356,199 units in August 2020, registering a growth of 5% YoY. The company clocked exports sales of 200,675 units during August 2021, 18% higher than 170,320 units in August 2020. The domestic sales was down 7% to 172,595 in August 2021 as against 185,879 units in August 2020.

Commercial Vehicles sales decreased 1% YoY to 34,960 units in August 2021, as compared to 35,141 in August 2020. Exports of Commercial Vehicles was at 20,336 units in August 2021, as against 27,482 in August 2020. Domestic sales of Commercial Vehicles increased 91% in August 2021 to 14,624 units as compared to 7,659 units in August 2020.

The company has sold 338,310 units of two-wheelers during August 2021, as compared to 321,058 in August 2020, an increase of 5% YoY. Exports of motorcycles was 26% higher YoY at 180,339 in August 2021, as against 142,838 in August 2020. Whereas, the domestic sales of motorcycles decreased 11% YoY to 157,9712 units in August 2021 as compared to 178,220 units in August 2020.

Shares of Bajaj Auto Limited was last trading in BSE at Rs. 3725.7 as compared to the previous close of Rs. 3713.6. The total number of shares traded during the day was 31921 in over 2064 trades.

The stock hit an intraday high of Rs. 3748 and intraday low of 3707.15. The net turnover during the day was Rs. 118916180.

Source : Equity Bulls

Keywords