Bajaj Auto is engaged in the business of development, manufacturing and distribution of automobiles such as motorcycles, commercial vehicles, electric two-wheelers etc. and parts thereof.
The company's consolidated net profit jumped 17.5% to Rs 2,020.05 crore in Q2 FY24 as compared with Rs 1719.44 crore in Q2 FY23. Net sales rose 6.8% YoY to Rs 10,584.67 crore in Q2 FY24.
The scrip hit a life-time high of Rs 7,059.75 in today’s intraday session.
