Shares of Bajaj Auto Ltd gained over 3 per cent as India’s second largest two-wheeler manufacturer posted a 58 per cent rise of Rs 933.06 crore for the second quarter ended September 30.
At 1.45 pm, Bajaj Auto shares traded 3.38 per cent high at Rs 2520.75 on BSE. On NSE, stocks traded 3.20 per cent high at Rs 2517. Later, the share prices closed 3.28 per cent up at Rs 2518.25 on BSE. On NSE, the share price of the company closed 3.40 per cent up at Rs 2,522.
During the quarter, its total income rose to Rs 6,098 crore compared to Rs 5963.1 crore in corresponding quarter last fiscal.