How was the sale in December?
Talking about the company’s sale in December, it saw an increase of about 11 percent. According to the statement issued by the company, in December 2019, Bajaj Auto sold a total of 3,36,055 vehicles. If compared to last year, the domestic sales have come down to 1,39,606 by 9 percent from 1,53,163 units.
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Bajaj Auto is planning to set up a manufacturing unit at Chakan in Maharashtra by investing around Rs 650 crore. It can start in the year 2023. It is believed that premium motorbikes of the KTM, Hasquarna and Triumph brands will be made here.
Company director gave information
The company’s managing director Rajiv Bajaj (Rajiv bajaj) said that the company has focused its entire attention on the motorcycle category. Apart from this, the company has achieved this new status by working with a good planning. He said, “The company’s 2 wheeler products are based on the technologies of world renowned companies, with the help of which Bajaj has made the world’s number one 2 wheeler vehicles.”
Sharp rise in share
During the trading on Tuesday, Bajaj Auto’s stock was trading at a record Rs 3,459. The company’s market cap rose sharply to 1.01 lakh crore. Explain that the stock saw an increase of about 8.3 percent.
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Vehicles are exported to 70 other countries
Let me tell you, the company’s vehicles are also exported to 70 other countries of the world. In the last one year, its exports have increased by 27 percent from 1,82,892 units to 2 lakh 32 thousand 926 units.