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Bajaj Auto inches up on launching Chetak electric scooter

  • Jan-14-2020
  • 14 Hrs IST

Bajaj Auto is currently trading at Rs. 3096.35, up by 5.05 points or 0.16% from its previous closing of Rs. 3091.30 on the BSE.

The scrip opened at Rs. 3092.00 and has touched a high and low of Rs. 3116.90 and Rs. 3076.60 respectively. So far 3557 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3289.50 on 01-Nov-2019 and a 52 week low of Rs. 2400.00 on 29-Jul-2019.

Last one week high and low of the scrip stood at Rs. 3119.60 and Rs. 3005.00 respectively. The current market cap of the company is Rs. 89667.61 crore.

The promoters holding in the company stood at 53.52%, while Institutions and Non-Institutions held 23.84% and 22.64% respectively.

Bajaj Auto has launched its much-awaited Chetak electric scooter and the bookings will start from January 15. The deliveries of Chetak, which comes at a starting price of Rs 1 lakh, will commence from February end.

The electric variant of the iconic Chetak will initially be available in Pune and Bengaluru. From January 15 onwards Chetak will be available in two cities and this will mark the commencement of a new era in two-wheeler mobility.

Bajaj Auto is world’s fourth largest two and three-wheeler manufacturer. Bajaj Auto has three plants in all, two at Waluj and Chakan in Maharashtra and one plant at Pant Nagar in Uttaranchal.