Bajaj Auto shares rise 3% after August sales jump 28% YoY
Bajaj Auto shares rose on Tuesday after the two- and three-wheeler maker reported a 28% year-on-year increase in August sales. Strong export growth drove the performance, with two-wheeler exports rising 53%. Commercial vehicle sales also grew 22%, while the company’s April-August sales increased 29% year-on-year.
Bajaj Auto shares experienced a 3% increase after the company reported a significant 28% jump in sales for August 2026 compared to the same period last year. Domestic two-wheeler sales rose 10% to 2,01,898 units, while exports surged 53% to 2,41,850 units, highlighting the growing importance of overseas markets to the company's overall performance.
Commercial vehicle sales also maintained strong momentum, increasing 22% to 92,016 units. Year-to-date, Bajaj Auto sold 24,48,692 units, a 29% increase compared to the same period last year. The stock has delivered a strong 20% gain over the past three months and is currently trading at a market capitalization of approximately Rs 3,43,503 crore with a P/E ratio of 28.31.
Written by urgent.news from The Economic Times - Top News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
