Bajaj Auto Dips After Registering 10% Fall In May Sales

Bajaj Auto on Friday unfurled the sales data for the month of May 2017. The company posted a 10% decline in motorcycles segment to 2,77,115 units in May 2017, as against 3,07,344 units in May 2016.

The commercial vehicles segment registered 9% fall to 36,641 units in May 2017, as against 40,311 units in May 2016.

The total (motorcycles + commercial vehicles) sales posted 10% decline to 3,13,756 units in the month of May 2017. The company reported total sales of 3,47,655 units in the same month of the previous year, 2016.

Meanwhile, Bajaj Auto was down by 0.6% at Rs 2821 per share at 10:13 hours IST on BSE. It touched a high of Rs 2831.05 and a low of Rs 2772.20 so far. Bajaj Auto Limited is a manufacturer of motorcycles, three-wheelers and auto parts.

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