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Bajaj Auto Shares Surge 4% Following August Sales Report
Bajaj Auto Shares Surge 4% Following August Sales Report
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BTCCSquare news:
Bajaj Auto Ltd saw its shares climb 4% on Monday after reporting a 5% year-on-year increase in total vehicle wholesales for August. The stock closed at ₹8,961.95 on the BSE, after peaking at ₹9,038 during the session. Similarly, it ROSE 4% to ₹8,978 on the NSE.
The Pune-based automaker sold 417,616 units in August, up from 397,804 a year earlier. Domestic sales, however, fell 8% to 232,398 units, while exports jumped 29% to 185,218 vehicles. The mixed performance highlights shifting demand dynamics in domestic and international markets.
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