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Bajaj Auto falls on weak Q2 earnings
Source: IRIS | 16 Oct, 2014, 09.48AM
Rating: NAN / 5 stars.
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Bajaj Auto, one of the leading 2 and 3 wheeler makers witnessed a fall in share price on Thursday after it reported a fall of 29.51% in net profit for the quarter ended Sep. 30, 2014. During the quarter, the net profit down to Rs 5.90 billion as compared to Rs 8.37 billion in the same period last year.

Total income has an increased 15.25% to Rs 59.63 billion, when compared with the same period last year.

Shares of the company are trading at Rs 2,394.60, down Rs 15.45, or 0.64% at the Bombay Stock Exchange (BSE) on Thursday at 9:30 a.m.

The scrip has touched an intra-day high of Rs 2,394.70 and low of Rs 2,366. The total volume of shares traded at the BSE is 285,818.

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