Bajaj Auto shares slide on weak domestic two-wheeler sales
In short
Bajaj Auto shares fell 6.5% after weak September domestic two-wheeler sales. The stock opened at ₹10,701, below the previous close of ₹10,874, and hit an intraday low of ₹9,900, near the lower circuit band of ₹9,787.
This matters because the share price moved sharply on the sales disappointment. The report does not give the exact sales numbers or say how much of the weakness came from Bajaj Auto alone.
What the reporting says
Bajaj Auto shares slid 6.5% after domestic two-wheeler sales disappointed in September, with the stock opening at ₹10,701 versus a previous close of ₹10,874 and falling to an intraday low of ₹9,900. The publisher summary says the share price came close to its lower circuit band of ₹9,787 before recovering slightly. The reporting does not state the exact sales figures or whether the weakness was company-specific or sector-wide.
Why it matters
Bajaj Auto shares slid 6.5% after September domestic two-wheeler sales disappointed, with the stock opening at ₹10,701, falling from a previous close of ₹10,874 and touching an intraday low of ₹9,900. The move brought it close to the lower circuit band of ₹9,787 before a slight recovery. The report does not provide the sales figure or explain the underlying cause beyond the weak sales outcome.