Mumbai2 hours ago
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After the results of the second quarter of the financial year 2024-25, today i.e. on October 17, Bajaj Auto shares have fallen by more than 8%. This decline is being seen due to the company's results being weaker than experts' estimates.
The company made a net profit of Rs 2,005 crore in the second quarter.
Automobile company Bajaj Auto has made a net profit (standalone net profit) of Rs 2,005 crore in the second quarter of the financial year 2024-25. There has been an increase of 9% on annual basis. The company had made a profit of Rs 1,836 crore in the same quarter a year ago.
The company has generated revenue of Rs 13,127 crore in the July-September quarter. Bajaj Auto's revenue in the same quarter a year ago was Rs 10,777 crore. This time it has increased by 22% on annual basis. The company has released its second quarter results today (Wednesday, October 16).
Bajaj Auto shares rose 106% in one year
Bajaj Auto's share has increased by 106% in the last one year.% Has given profit of Rs. Bajaj's share was at Rs 5,141 on October 17, 2024, which is now at Rs 10,624. Whereas, the company's shares have risen 17.22% in 6 months.
