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Bajaj Auto Shares Plummet Following Profit Decline  On Thursday morning, Bajaj Auto shares tumbled by more than 9 percent following the company's disclosure of a substantial 31 percent year-on-year decrease in consolidated profit after tax for the second quarter ending September 30, 2024.At the Bombay Stock Exchange (BSE), the firm's stock plunged 9.27 percent to settle at Rs 10,540, while at the National Stock Exchange (NSE), the decline was sl…

Devdiscourse

Bajaj Auto Shares Plummet Following Profit Decline

Bajaj Auto Ltd.'s share price dropped 10% in early trade on Thursday to the lowest since August, as analysts flagged high valuations remain a concern, even as the company clocked its highest ever quarterly revenue in the July-September period.Standalone net profit of the Pulsar-maker rose 9% year-on-year to Rs 2,005 crore in the three months ended Sept. 30, on the back of revenue that surged 22% to Rs 13,127 crore. Analysts polled by Bloomberg h…

NDTV Profit

Bajaj Auto Share Price Falls 10% Despite Highest-Ever Quarterly Revenue In Q2—Here's Why

New Delhi, Oct 17 (PTI) Shares of Bajaj Auto on Thursday morning cracked over 9 per cent after the firm reported a 31 per cent year-on-year decline in consolidated profit after tax for the second quarter ended September 30, 2024. The stock tanked 9.27 per cent to Rs 1,0540 on the BSE. At the NSE, it slumped 9.30 per cent to Rs 10,536. Bajaj Auto on Wednesday reported a 31 per cent year-on-year decline in consolidated profit after tax to Rs 1,385…

NewsDrum

Bajaj Auto shares tumble over 9% after Q2 earnings

Indian shares dropped on Thursday as motorcycle maker Bajaj Auto’s warning of weak festival season sales rippled through the industry, adding to the pressure of high stock valuations and the exodus of foreign funds. The Nifty 50 index dropped 0.3% at 24,903.6 points as of 9:35 a.m. IST, while the S&P BSE Sensex edged down […]
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Global Rubber Markets

Indian shares drop as Bajaj Auto’s festive sales warning adds to gloom – Global Rubber Market News

2024-10-17 11:14:51 :  
Morarka Finance second quarter results live: Moarka Finance announced its second quarter results on October 15, 2024, revealing a significant turnaround in its financial performance. Although revenue increased significantly by 32.11% year-on-year, the company’s profits fell by 10.03%, causing concerns among investors.  
Moarka Finance’s revenue grew an impressive 46.49% compared to the previous quarter. However, this was …

Thelocalreport.in

Morarka Finance second quarter results announced in real time: profit fell 10.03% year-on-year

Bajaj Auto’s shares fell by 8.5%, hitting a low of ₹10,642.40 on the BSE after the company reported Q2 FY25 earnings that disappointed investors. In the quarter ending September 2024, Bajaj Auto posted a net profit of ₹2,005 crore, a 9% increase from ₹1,836 crore in the same quarter last year. Revenue from operations reached ₹13,127 crore, up 22% from ₹10,777 crore in the previous year. Here’s what various brokerages are saying about Bajaj Auto’…

Share Price India News

Bajaj Auto Shares Drop 8.5% After Q2 Earnings Miss: Buy or Sell? - Share Price India News

Shares of auto sector giant Bajaj Auto have seen a sharp decline on Thursday. The stock saw a sharp sell-off today after the second quarter results were announced. Today the stock of this 2-wheeler and 3-wheeler manufacturing company touched a low circuit of 10% in the first 45 minutes.
This stock saw a decline in the opening session itself. Apart from Bajaj Auto, other auto stocks included in the Nifty 50 are also under pressure. The Nifty Auto…

ઓટો સેક્ટરની દિગ્ગજ કંપની બજાજ ઓટોના શેરમાં ગુરુવારે જોરદાર ઘટાડો જોવા મળ્યો છે. બીજા ક્વાર્ટરના પરિણામો જાહેર થયા બાદ આજે આ શેરમાં જોરદાર વેચવાલી જોવા મળી હતી. આજે આ 2-વ્હીલર અને 3-વ્હીલર મેન્યુફેક્ચરિંગ કંપનીનો સ્ટોક પ્રથમ 45 મિનિટમાં 10% ની નીચી સર્કિટ પર પહોંચી ગયો છે.
શરૂઆતના કામકાજમાં જ આ સ્ટૉકમાં ઘટાડો જોવા મળ્યો હતો. બજાજ ઓટો ઉપરાંત નિફ્ટી 50માં સમાવિષ્ટ અન્ય ઓટો શેરો પણ દબાણ હેઠળ છે. નિફ્ટી ઓટો ઈન્ડેક્સ પણ 3% થી વધુ નીચે સરકી ગયો છે.
આ …

Bajaj Auto Shares Plummet Following Profit Decline

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