Bajaj Auto April Sales Nearly Flat at 3,29,800 units

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Bajaj Auto, an Indian two-wheeler and three-wheeler manufacturing company, on Wednesday reported flat sales at 3,29,800 units in the month of April, 2017. “The company had sold 3,30,109 units in the same month last year,” said Bajaj Auto in a filing to the Bombay Stock Exchange. 

Domestic sales during the month dipped by 21 per cent to 1,77,887 units from 2,26,133 units in April 2016, it said in a statement. Meanwhile, export sales rose 46 per cent to 1,51,913 units from 1,03,976 units in the year ago period. 

During the month under review, the company sold 2,93,932 units of motorcycles compared to 2,91,898 units in the corresponding month of the previous year. Meanwhile, shares of company opened at Rs 2918.10 apiece, up 0.45 per cent, from previous close

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