Bajaj Auto shines on reporting 17% rise in Q2 consolidated net profit

19 Oct 2023 Evaluate

Bajaj Auto is currently trading at Rs. 5360.00, up by 216.20 points or 4.20 % from its previous closing of Rs. 5143.80 on the BSE.

The scrip opened at Rs. 5268.90 and has touched a high and low of Rs. 5393.30 and Rs. 5244.10 respectively. So far 42287 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5393.30 on 19-Sep-2023 and a 52 week low of Rs. 3522.00 on 12-Jan-2023.

Last one week high and low of the scrip stood at Rs. 5393.30 and Rs. 5037.00 respectively. The current market cap of the company is Rs. 151767.01 crore.

The promoters holding in the company stood at 54.99%, while Institutions and Non-Institutions held 23.30% and 21.72% respectively.

Bajaj Auto has reported 20.01% rise in its net profit at Rs 1,836.14 crore for second quarter ended September 30, 2023 (Q2FY24) as compared to Rs 1,530.00 crore for the same quarter in the previous year. Total income of the company increased by 5.72% at Rs 11,138.62 crore for Q2FY24 as compared Rs 10,535.92 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 17.48% rise in its net profit at Rs 2020.05 crore for the second quarter ended September 30, 2023 as compared to Rs 1719.44 crore for the same quarter in the previous year. Total income of the company increased by 6.36% at Rs 11,206.84 crore for Q2FY24 as compared Rs 10536.56 crore for the corresponding quarter previous year.

Bajaj Auto Share Price

8786.65 -187.85 (-2.09%)
20-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
Bajaj Auto 8786.65
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TVS Motor 2391.75
Eicher Motors 4735.90
Atul Auto 574.55
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