Bajaj Auto in top gear on sales numbers

MUMBAI: Pune-based Bajaj Auto has moved up on reporting over-two fold jump in motorcycle sales last month.

The stock is trading at Rs 1965, stronger by Rs 30 or 1.5%, on the BSE. The shares had opened at the day's low of Rs 1959 and have touched a high of Rs 1975 thus far. The company sold 2,32,939 units in January this year as against 1,09,666 units in the same month last year, Bajaj Auto (BAL) said in a statement.

BAL attributed the monthly jump to an all-time sales record of its Pulsar model, of which 71,970 units were sold during January. The company also sold 92,035 units of its newly launched 100cc Discover DTS-Si during the month.