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19 May 2019

Hot Pursuit

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17-May-2019 (15:16)
Bajaj Auto advances after good Q4 result
The result was announced during market hours today, 17 May 2019.

Meanwhile, the S&P BSE Sensex was up 493.72 points, or 1.32% to 37,887.20

On the BSE, 1.48 lakh shares were traded in the counter so far compared with average daily volumes of 82,000 shares in the past two weeks. The stock had hit a high of Rs 3,145.55 and a low of Rs 2,395 so far during the day. The stock hit a 52-week high of Rs 3,213.95 on 12 July 2018. The stock hit a 52-week low of Rs 2,425 on 25 October 2018.

Bajaj Auto's operating EBITDA fell 12% to Rs 1266 crore in Q4 March 2019 over Q4 March 2018. EBITDA margin was reported at 17% in Q4 March 2019, lower than 20.9% in Q4 March 2018.

As on 31 March 2019, surplus cash and cash equivalents stood at Rs 16368 crore as against Rs 15542 crore as on 31 March 2018.

Bajaj Auto is a global two-wheeler and three-wheeler Indian manufacturing company.

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