Bajaj Auto announcing his quarter ended report of September-12. The company reported 2% rise in Net profit, but its operating margin slipped. The company margin grew at 18.4% against 20.1% a year earlier.
Bajaj Auto owns 47.3% of Austrian Motor Cycle Company KTMAG. Bajaj Auto Shares gains 1%. In last one month shares are trading in low volatility. Domestic motorcycle sales, increased in India recently. Bajaj Auto is expecting strong volume growth during ongoing festival season.
Bajaj Auto Shares trading at1783.95, touched high at 1800 and low at 1753.15. Traded volume (Shares) 302001.Free float Market Capitalization 21702.78. In Future market 25-OCT-12 Contract traded at 1783.00, traded volume (Contract) 5233, Market Lot 125, open interest 945375.
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