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Bajaj Auto's local two-wheeler sales fall 2% in June

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The sales' numbers, as reported by the automaker, is slightly higher than Nomura's estimate — 4.02 lakh units. 

Bajaj Auto's local two-wheeler sales fall 2% in June
Two and three-wheeler maker Bajaj Auto on Monday said its total sales for the month of June stood flat at 4.04 lakh units comparing on a year-on-year (YoY) basis.
Shares of Bajaj Auto increased by 2.22 percent, when the firm announced its sales numbers for the month of June. The stock was trading with 1.35 percent gain at Rs 2866.25 apiece, as of 10:08 AM.
The exports, the company said, increased by three percent at 1.75 lakh units, a notch higher than 1.69 lakh units that was recorded in June 2018.
The domestic sales slipped by two percent to 2.29 lakh units from 2.34 lakh units recorded last year in June.
The total motorcycle sales increased by four percent at 3.51 lakh units as against 3.37 lakh units in June 2018. The 3-wheeler sales, however, dropped by 20 percent to 53,333 units. The firm sold 66,677 units in June 2018.
 

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