Bajaj Auto Shares Fall 8% Despite 5% Sep Sales Growth As Exports Fail To Offset Impact Of Weaker Domestic Demand
Bajaj Auto shares came under heavy selling pressure on Thursday despite the automaker reporting a 5% year-on-year increase in total sales for September 2026, driven primarily by a sharp rise in exports. The stock fell as much as 7.91% to ₹10,000 on the BSE in early trade. At 10:55 am, it was trading 7.8% lower at ₹10,019. Bajaj Auto sold 5,38,443 vehicles during September, compared with 5,10,504…
Bajaj Auto shares experienced a significant drop of 8% on Thursday, despite reporting a 5% increase in total sales for September 2026. The primary boost came from a surge in exports, which grew by 32% year-on-year to 2.43 lakh units. However, domestic sales declined by 9%, falling to 2.94 lakh units. Analysts had anticipated a growth of 11-12%, but Bajaj Auto's actual sales were lower than expected.
The stock plummeted as much as 7.91% to ₹10,000 on the BSE, only to recover slightly to a trading price of ₹10,019 by 10:55 am. Over the past six months, Bajaj Auto's total sales surged 24% year-on-year, reaching 29.87 lakh units, while exports increased by 47%, reaching 15.11 lakh units. Despite recent weakness, Bajaj Auto shares have still delivered a 14% gain over six months and an 18% return over the past year.
Written by urgent.news from Free Press Journal's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.