The Company will submit the audited financial results for the financial year ending 31 March 2021, immediately after the Board Meeting on 29 April 2021, i.e. Bajaj Auto said that it witnessed sharp increase in input costs in the March quarter, which affected its margin performance. Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached a copy of the Press release being issued by the company in respect of sales for the month of March 2021. Sales last fiscal shrank to levels last seen in FY15. NEW DELHI: Rahul Bajaj has resigned from his position of non-executive director and chairman at Bajaj Auto.He will be replaced by Niraj Bajaj, non … Get latest Bajaj Auto News/Updates and Results/Analysis. 10 each on equity shares. This will be taken up at the ensuing annual general meeting for the approval of the shareholders. Domestic sales were down 9 per cent at 1,39,606 units as compared to 1,53,163 units in the year-ago month, Bajaj Auto added. ... news agency PTI reported. The turnover of the group’s flagship firm, Bajaj Auto has grown from Rs 7.2 crore to Rs 12,000 crore and its product portfolio expanded and the brand found a global market under his leadership. On Thursday, Bajaj Auto announced that Rahul Bajaj will be stepping down from his role as the company’s Non-Executive Director and Chairman with effect from the close of business hours on April 30, 2021. The current market price of Bajaj Auto is Rs 3848.4. Also get Bajaj Auto Share/Stock detailed Information on Bajaj Auto along with top stories and articles on Bajaj Auto during last 6 months. Emkay Research has a buy call on Bajaj Auto with a target price of Rs 4340, for a duration of 12 months. Latest Share Price and Events. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited. Tomorrow is different. Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached a copy of the Press release dated 25 March 2021 Copyright © 2021 Bennett, Coleman & Co. Ltd. All rights reserved. Sharekhan is bullish on Bajaj Auto has recommended buy rating on the stock with a target price of Rs 4589 in its research report dated February 18, 20... 9.12 pm | 02 Feb 2021 |  Source: Moneycontrol.com. The designated persons of the Company have been informed of the same. 10 July, with the possibility of the automotive industry also being covered under the purview of the … Sharekhan is bullish on Bajaj Auto has recommended buy rating on the stock with a target price of Rs 4589 in its research report dated March 03, 2021.... 2.54 pm | 19 Feb 2021 |  Source: Moneycontrol.com. Now, the local government has decided to put the city under lockdown from tomorrow, i.e. Nifty has to hold above the 14,600 level to witness a bounce towards the 14,800-14,880 zone, while on the downside, support exists at 14,500 and 14,400 levels. Bajaj Qute (RE60) Quadricycle – All You Need to Know. Take Bajaj Auto, for example; among the first automakers in India to resume production, the company has been struggling with a growing number of COVID infections at its plant in Waluj, Aurangabad. Read press release for Bajaj auto, select a year and choose a press release to read. Three-wheeler sales year to date in FY21 just a quarter of FY20, no signs of recovery Net Sales are expected to increase by 19.9 percent Y-o-Y (down 8.2 percent Q-o-Q) to Rs. Bajaj Auto's stock gained 15.36 per cent in the December quarter as compared to 22.46 per cent rally in the Nifty50 index in the same period Bajaj Auto, Pierer Mobility to strengthen e-mobility cooperation. Bajaj Auto on April 29 announced Niraj Bajaj, a director on the company's board, as the successor to chairman Rahul Bajaj. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule Ill - Part A thereto, this is to inform you that a conference call for analysts / institutional investors is scheduled on 29 April 2021 (Thursday) at 04.00 p.m. IST for discussing Companys Q4 & FY21 results. Overall, the company’s total sales for the month were up 10%. But record-low financing costs, unmet demand for personal mobility, and low OEM debt could undergird a robust rebound when curbs ease. Tata Communications, Carborundum Universal, KPR Mill and UTI Asset Management Company, KPIT Tech are among companies which will disclose their quarterly earnings today. Its valuation also looks reasonable... 7.21 pm | 29 Apr 2021 |  Source: Moneycontrol.com, 3.13 pm | 29 Apr 2021 |  Source: Moneycontrol.com. Bajaj Auto Ltd.’s quarterly profit rose, in line with estimates, even as two-wheeler demand remained under pressure on account of high ownership cost and increased input prices. Bajaj Qute quadricycle has been launched at a value for money price for export markets, this should replace the existing auto rickshaws if Govt. of India show Green signal to sell it in India How has Bajaj Auto's share price performed over time and what events caused price changes? Bajaj Auto, the country’s biggest two-wheeler exporter, reported a jump of 16% in its February exports, and an increase of 6% in domestic sales. Preference for personal mobility, festive season and recovery in export market led to a significant recovery in demand for two-wheelers. Rahul Bajaj has resigned as the chairman of Bajaj Auto, one of the leading automobile companies in the country. List your Business on Economic Times for Free and reach out to millions of users. Intimation of second grant of Stock Options pursuant to Bajaj In 2022 the first fully battery electric two-wheeler will most likely be a scooter. Webinar: After demonetisation, what tax payers can expect from Budget 2017? January 04, 2021 11:49 am. We continue to remain upbeat on Bajaj Auto because of a positive demand outlook in domestic and export markets. Ebitda dropped 60 bps YoY to 17.7 per cent, which was in line with the consensus analysts’ forecast. Rahul Bajaj, Chairman of Bajaj Auto two-wheelers and three-wheelers has tendered in his resignation effective from April 30, 2021, Baja Auto said in a regulatory filing. The performance is well below what […] ICICI Prudential Credit Risk Fund Direct Plan-Gr.. ICICI Prudential Asset Allocator Fund (FOF) Dire.. ICICI Prudential Smallcap Fund Direct Plan-Growt.. ICICI Prudential Balanced Advantage Direct-Growt.. ICICI Prudential Midcap Direct Plan-Growth, We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. Shares of Bajaj Auto gained as much as 8.4% to an all-time high of Rs 4,012.9 apiece. A copy of the Certificate obtained from KFin Technologies Private Limited to this effect is enclosed. The company’s topline will show the effect of low base as it is expected to rise 21 per cent on-year to Rs 8,231 crore, reflecting the recovery in demand. Bajaj Auto’s Aurangabad plant has more than 8,100 employees and contractors, and so far 140 cases of the coronavirus infection have emerged at the facility. Events can at times bring in drastic changes in those sentiments and lead to mispricing, throwing up opportunities in the process. Assembly election 2021 results highlights: Mamata sweeps Bengal, BJP retains Assam, DMK wrests TN, LDF set for a second term, Join us in CXO Round Table Series on Project Management, Jet-set getaways: Super rich Indians charter jets to destinations like Turkey, Bali & Sri Lanka, Bitcoin tops $16,000-mark! 1400 % ) offace value of Rs 4340, for a duration of months... Will now be replaced by Neeraj Bajaj, who is currently a non-executive director in. A target price of Bajaj Auto Share/Stock detailed Information on Bajaj Auto added % over the during. The city under lockdown from tomorrow, i.e Name of the financial year have been informed the. 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