Bajaj Auto's October Surge: A 16% Boost in Exports

Bajaj Auto reported an 8% growth in total vehicle wholesales for October, reaching 518,170 units, including exports. Domestic sales rose by 3% while exports surged by 16%. Two-wheeler sales saw a 7% increase. Despite this positive trend, Bajaj Auto shares dipped slightly by 0.25% on the BSE.

Bajaj Auto announced an 8% year-on-year growth in total vehicle wholesales, marking a successful October with a total of 518,170 units including exports.

The domestic sales, which incorporate commercial vehicles, rose by 3% to reach 314,148 units, up from 303,831 units in the same period last year.

Exports witnessed a notable 16% increase to 204,022 units. The overall two-wheeler sales, inclusive of exports, climbed 7%, with a domestic rise to 266,470 units. Nevertheless, Bajaj Auto's shares saw a slight decline by 0.25% on the BSE.