Bajaj Auto, one of the leading 2 and 3 wheeler makers, announced a slight fall of 22% in sales to 2,43,319 units in February compared to 3,13,294 units sold in last year period. Motorcycle sales also decreased by 21% from a year ago to 2,16,077 units, while commercial vehicle sales were down 32% to 27,242 units.
In the month of January, the company announced a slight fall of 9% in sales to 2,88,746 units in January compared to 3,18,171 units sold in last year period. Motorcycle sales also decreased by 12% from a year ago to 2,46,955 units, while commercial vehicle sales were up 14% to 41,781 units.
Shares of the company declined Rs 51.8, or 2.4%, to trade at Rs 2,110. The total volume of shares traded was 34,400 at the BSE (11.11 a.m., Monday).