Bajaj Auto Shares Dip Amidst Mixed December Sales Performance and Strong Quarterly Profit
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Bajaj Auto Shares Dip Amidst Mixed December Sales Performance and Strong Quarterly Profit

Bajaj Auto's shares fell 3% despite a 14% year-on-year increase in total sales for December. While domestic two-wheeler sales saw a modest 3% rise, exports surged 24% and commercial vehicle sales grew 17%. The company reported a significant 53% jump in consolidated net profit for the quarter, attributed to strong revenue and a favorable vehicle mix. Despite overall sales growth, the stock experienced a dip, with domestic two-wheeler sales showing a slight increase.

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