Bajaj Auto acceelrates

Bajaj Auto has gone up almost 3% to Rs.2828 as its sales for the month of May have been robust.

Its total sales rose 30% (YoY) at 4,07,044 units  of which exports showed a 31% and domestic sales were up 29%.

Motorcycle sales rose 24% while commercial vehicles did very well with a 76% jump.

The sale in two-wheeler is always welcomed and this is pre-monsoon, indicating that a normal monsoon might trigger a better year for the company