Bajaj Auto shares fell over 8% today i.e. on October 17 after the results of the second quarter of the financial year 2024-25. This decline is being seen due to the company's results being weaker than the experts' estimates.
The company in the second quarter made Rs. 2,005 crore net profit Automobile company Bajaj Auto has reported Rs. 2,005 crore net profit (standalone net profit). There has been an increase of 9% year-on-year. In the same quarter a year ago, the company posted Rs. 1,836 crore profit was made.
In the July-September quarter, the company posted Rs. 13,127 crores in revenue. In the same quarter a year ago, Bajaj Auto's revenue was Rs. 10,777 crores. This time it has increased by 22% year on year. The company announced its second quarter results today (Wednesday, October 16).
Bajaj Auto shares rise 106% in one year Bajaj Auto shares have given 106% profit in last 1 year. Bajaj shares on October 17, 2024 at Rs. 5,141, which is now Rs. is at 10,624. Whereas, the company's shares have gained 17.22% in 6 months.
Image Credit: (Divya-Bhaskar): Images/graphics belong to (Divya-Bhaskar).
