Bajaj Auto’s sales inch up in February

Mumbai, March 2 (IANS) Two- and three-wheeler major Bajaj Auto on Thursday reported a marginal increase in its total sales, including exports, for February this year.

According to the company, its total sales during the month under review rose to 273,513 units from 272,719 units during the corresponding month of 2016.

However, the two- and three-wheeler major’s total domestic sales in February were down eight per cent to 159,109 units from 173,760 units sold during the like month of last year.

On the other hand, its overall exports during the last month grew by 16 per cent to 114,404 units from 98,959 units shipped out during the corresponding month of 2016.

The company’s total motorcycle sales during the month under review increased by four per cent to 244,958 units from 235,282 units sold in the like month of last year.

In addition, the overall commercial vehicle sales edged lower by 24 per cent to 28,555 units from 37,437 units sold during February 2016.

The firm’s scrip gained 2.12 per cent or Rs 58.80 to Rs 2,831.80 per equity share at the BSE from its previous close of Rs 2,773 per share.

–IANS

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