Bajaj Auto Limited (BAL) saw its shares drop over 2% after reporting a decline in domestic sales for January 2025. As of 12:11 PM, the shares were trading 2.25% lower at Rs 8,950.00.
The company recorded total sales of 381,040 units in January, marking a 7% year-on-year growth from 356,010 units in the same period last year. The increase was primarily driven by a strong export performance, with exports rising by 37% to 172,681 units. However, domestic sales were under pressure, falling 9% to 208,359 units, with the two-wheeler segment experiencing a notable 11% drop.
Two-wheeler sales totaled 328,413 units, with exports up 37% to 157,114 units. In contrast, domestic two-wheeler sales declined to 171,299 units from 193,350 units in January 2024.
The commercial vehicle segment posted a 10% growth, reaching 52,627 units, with exports surging by 41%. Domestic commercial vehicle sales saw a modest 1% increase.
Despite the dip in domestic performance, the company has seen overall growth for the fiscal year 2024-25. Bajaj Auto’s total sales for the April-January period reached 3.93 million units, an 8% increase compared to the same period last year, driven by strong export growth across both two-wheelers and commercial vehicles.
Bajaj Auto’s stock opened at ₹9,150, reaching a high of ₹9,150 and a low of ₹8,915 for the day. Over the past 52 weeks, the stock has seen a high of ₹12,774 and a low of ₹7,633.50, reflecting notable fluctuations in market performance.
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