Bajaj Auto sales dip 7 pct in January at 3 lakh

Pune-based auto maker Bajaj Auto today reported a 7 per cent decline in motorcycle sales at 2,81,390 units in January 2014.

Pune-based auto maker  Bajaj Auto today reported a 7 per cent decline in motorcycle sales at 2,81,390 units in January 2014.

The company had sold 3,01,361 bikes in January 2013, Bajaj Auto Limited said in a release here.

The overall domestic sales including commercial vehicles also fell by 8 per cent during January 2014, it said.

Bajaj Auto sold 3,18,177 vehicles in the reporting month as against 3,47,624 units sold a year ago, the company said.

Exports, however, surged by 7 per cent to 1,37,644 units as against 1,28,482 vehicles in the corresponding period of 2013, it said.

Bajaj Auto stock price

On March 03, 2014, at 11:10 hrs Bajaj Auto was quoting at Rs 1916.00, down Rs 26.7, or 1.37 percent. The 52-week high of the share was Rs 2193.85 and the 52-week low was Rs 1657.50.

The company's trailing 12-month (TTM) EPS was at Rs 112.15 per share as per the quarter ended December 2013. The stock's price-to-earnings (P/E) ratio was 17.08. The latest book value of the company is Rs 273.08 per share. At current value, the price-to-book value of the company is 7.02.

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