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Bajaj Auto, Pierer Industrie AG to rearrange shareholding pattern in KTM


Bajaj Auto, Pierer Industrie AG to rearrange shareholding pattern in KTM
PIERER Mobility AG (PMAG) and Bajaj Auto s 100 per cent Netherlands subsidiary, Bajaj Auto International Holdings BV (BAIHBV), held 51.7 per cent and 48 per cent respectively in KTM AG.
Subsequently, PMAG s stake in KTM AG would stand increased to 98.2 per cent (Source: PTI)
PTI
Updated Jul 27, 2021, 10:25 AM IST
Bajaj Auto Ltd on Monday said it has reached an agreement its Austrian partner Pierer Industrie AG for simplifying their shareholding pattern in premium bike maker KTM through a two-step transfer of their stakes to a new holding company.
Earlier, PIERER Mobility AG (PMAG) and Bajaj Auto s 100 per cent Netherlands subsidiary, Bajaj Auto International Holdings BV(BAIHBV), held 51.7 per cent and 48 per cent respectively in KTM AG. ....

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Bajaj Auto sales rise 6% in February to 3.75 lakh units


Bajaj Auto sales rise 6% in February to 3.75 lakh units
Bajaj Auto s overall domestic sales declined 2 per cent to 1,64,811 units, while exports increased 13 per cent to 2,10,206 units. During this fiscal so far, domestic sales have been down 26 per cent and exports have dipped 8 per cent
BusinessToday.In | March 1, 2021 | Updated 13:13 IST
Bajaj Auto share is up 1.34 per cent to Rs 3,848 on the NSE
Auto major Bajaj Auto Ltd on Tuesday reported a 6 per cent increase in total sales at 3,75,017 units in February. The company had sold 3,54,913 units in the same month last year, Bajaj Auto said in a statement.
Total two-wheeler sales were at 3,32,563 units against 3,10,222 units in the year-ago month, a growth of 7 per cent. Domestic two-wheeler sales were marginally higher at 1,48,934 units compared to 1,46,876 units in February last year, the company said. The company s two-wheeler export grew 12 per cent 1,83,629 as compared to 1,163,346 in February 2020. ....

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Bajaj Auto sale up 8% in Jan; two-wheeler export rises 30%


Bajaj Auto sale up 8% in Jan; two-wheeler export rises 30%
Domestic two-wheeler sales marginally lower at 1,57,404 units compared to 1,57,796 units in January last year, Bajaj Auto
PTI | February 2, 2021 | Updated 12:05 IST
Representational Image
Bajaj Auto Ltd on Tuesday reported an 8 per cent increase in total sales at 4,25,199 units in January.
The company had sold 3,94,473 units in the same month last year, Bajaj Auto said in a statement.
Total two-wheeler sales were at 3,84,936 units as against 3,32,342 units in the year-ago month, a growth of 16 per cent.
Domestic two-wheeler sales were marginally lower at 1,57,404 units as compared to 1,57,796 units in January last year, the company said. ....

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Bajaj Auto logs 8% rise in sales in Jan, two-wheeler export up by 30%


Bajaj Auto Ltd on Tuesday reported an 8 per cent increase in total sales at 4,25,199 units in January.
The company had sold 3,94,473 units in the same month last year, Bajaj Auto said in a statement.
Total two-wheeler sales were at 3,84,936 units as against 3,32,342 units in the year-ago month, a growth of 16 per cent.
Domestic two-wheeler sales were marginally lower at 1,57,404 units as compared to 1,57,796 units in January last year, the company said.
Bajaj Auto said it posted its highest ever two-wheeler exports in January at 2,27,532 units as compared to 1,74,546 units in the same month last year, a growth of 30 per cent. ....

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Market LIVE: Sensex, Nifty open at fresh highs; Bajaj Auto hits ₹1 trn m-cap


Sensex gains for 5th day in a row, Nifty ends at 13,933; financial stocks rally
The BSE benchmark index Sensex settled 380.21 points higher at its all-time closing high of 47,353.75 on Monday. Photo: Reuters
10 min read
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29 Dec 2020, 03:38:53 PM IST
Market closing
Indian benchmark share indices continued their upward march for 5th straight session on Tuesday led by gains in financial and IT stocks. Investor sentiment remained upbeat amid positive global cues.
Sensex ended at 47,613.08, up 259.33 points or 0.55%, while Nifty advanced 59.40 points or 0.43% to close at 13,932.60.
IndusInd Bank closing about 6% higher, was top Sensex gainer followed by TechM, Axis Bank, ICICI Bank and HDFC. Nestle India, NTPC, Power Grid and Dr Reddy s were among the laggards. Of 30 Sensex shares 15 closed in the red. ....

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