Bajaj Auto shares rise 3%. Here’s what’s fueling the rally
The manufacturer of the Pulsar and Platina motorcycles sold almost 1.2 million vehicles during the quarter, 23 per cent more than the preceding quarter and 1 per cent higher than a year earlier. Domestic sales almost doubled quarter-on-quarter (QoQ) to more than 6,94,000 units. Exports declined 21 per cent sequentially to 5,81,000 units as the global economy faces headwinds.
