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Bajaj Auto falls as monthly sales disappoint
Source: IRIS | 03 Mar, 2014, 10.45AM
Rating: NAN / 5 stars.
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Bajaj Auto shares fell on Monday after it announced a fall of 6% in sales to 313,294 units in February compared to 332,387 units sold in last year period.

The sales of its motorcycles decreased 6% from a year ago to 273,323 units, while commercial vehicle sales were down 3% to 39,971 units.

Shares of the company are trading at Rs 1,916.90, down Rs 25.8, or 1.33%  at the Bombay Stock Exchange (BSE) on Monday at 10:36 a.m.

The scrip has touched an intra-day high of Rs 1,951.00 and low of Rs 1,914.55. The total volume of shares traded at the BSE is 6,654.

In the earlier session, the shares climbed 1.01%, or Rs 19.4, at Rs 1,942.70.

Currently, the stock is trading down  12.62% from its 52-week high of Rs 2,193.85  and above 15.65% over the 52-week low of Rs 1,657.50.

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