Bajaj Auto November sales decline 13%

Bajaj Auto on Friday said that its sales for the month of November fell 13%, at 2,69,948 units. 

The company said that its domestic sales dropped 12% with exports falling maximum (17%), at 97,992 units. Domestic two-wheeler sales stood at 1,39,765 units as against 1,52,663 units in the same month of last year. 

Commercial vehicles (CV) sales in the domestic market fell 25% at 14,758 units whereas exports of the same were at 17,433 as against 19,092 units in November of 2015. 

On an year-to-date  basis, Bajaj Auto's domestic sales have dropped 2%, CV sales are down 10% and total sales (including exports) are down 3%. 

Share price of Bajaj Auto dropped 1% in pre-opening trade on NSE Nifty, at Rs 2,668 per share. 

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