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12
Bearish Moving Averages
4
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Performance
Today’s low
11861.60Today’s High
11990.1052W low
5032.0052W High
12774.00Open Price
11928.80Prev. Close
11876.9500Volume
180663.00Value
2149763235.90Fundamentals
Market Cap
332297.00
Price to Earnings
41.50
Price to Book Value
11.50
Dividend Yield
0.70
PE to Growth
1.90
Op Revenue TTM
46490.59
Net Profit TTM
8005.89
Cash From Operating Activity
6558.16
Return on Equity %
26.61
EMA & SMA
DELIVERY AND VOLUME
DAILY AVG. DELIVERY VOLUME %
14 Oct, 2024
56.1
Week
45.6
Month
52.2
LEGEND
Positive Indicator
Neutral Indicator
Negative Indicator
RESISTANCE AND SUPPORT
11917.00
PIVOT
First Resistance
11972.40
Second Resistance
12045.50
Third Resistance
12100.90
First Support
11843.90
Second Support
11788.50
Third Support
11715.40
Relative Strength Index
56.05
Money Flow Index
44.86
MACD
202
MACD Signal
308.93
Average True Range
260.71
Average Directional Index
38.05
Rate of Change (21)
1.5
Rate of Change (125)
31.27
Day Commodity Channel Index
-30.4
William
-70.03
BETA
1 Month
1.44
3 Month
1.13
1 Year
0.52
3 Year
0.21
PRICE CHANGE ANALYSIS
↑ 1.06%
1 Week
Low
High
11525
12030.95
↑ 1.38%
1 Month
Low
High
11525
12774
↑ 26.18%
3 Months
Low
High
8744.6
12774
↑ 31.27%
6 Months
Low
High
8592.8
12774
↑ 135.52%
1 Year
Low
High
5032
12774
| Indicator | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 | Dec 2021 | Sep 2021 | Jun 2021 | Graph |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Qtr Revenue cr | 12248.96 | 11833.34 | 12459.62 | 11138.62 | 10656.10 | 9164.55 | 9584.26 | 10535.92 | 8324.29 | 8263.70 | 9294.41 | 9080.50 | 7715.34 | |
| Operating Expenses Qtr | 9512.76 | 9178.43 | 9683.64 | 8644.42 | 8355.84 | 7188.15 | 7538.33 | 8444.03 | 6707.95 | 6609.24 | 7649.51 | 7361.06 | 6266.26 | |
| Operating Profit Qtr | 2415.26 | 2306.25 | 2429.87 | 2132.85 | 1953.93 | 1716.57 | 1776.81 | 1758.74 | 1297.02 | 1365.60 | 1372.14 | 1401.12 | 1119.78 | |
| EBIDT Qtr Cr | 2736.20 | 2654.91 | 2775.98 | 2494.20 | 2300.26 | 1976.40 | 2045.93 | 2091.89 | 1616.34 | 1969.74 | 1644.90 | 1719.44 | 1449.08 | |
| Depreciation Qtr | 93.69 | 90.56 | 88.12 | 87.63 | 83.53 | 74.16 | 73.95 | 67.00 | 67.33 | 69.67 | 69.83 | 65.60 | 64.07 | |
| Net Profit Qtr | 1988.34 | 1936.00 | 2041.88 | 1836.14 | 1664.77 | 1432.88 | 1491.42 | 1530.00 | 1173.30 | 1468.95 | 1214.19 | 1274.55 | 1061.18 | |
| Basic EPS Qtr | 71.20 | 68.50 | 72.20 | 64.90 | 58.90 | 50.70 | 52.70 | 53.50 | 40.60 | 50.80 | 42.00 | 44.10 | 36.70 |
| Indicator | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Graph |
|---|---|---|---|---|---|---|
| Total Revenue Annual | 46087.68 | 37609.02 | 34353.95 | 29017.54 | 31652.21 | |
| Operating Expenses Annual Cr | 35862.33 | 29878.46 | 27886.07 | 22812.60 | 24822.42 | |
| Operating Profit Annual | 8822.90 | 6549.14 | 5258.64 | 4928.48 | 5096.23 | |
| Operating Profit Margin Annual % | 19.14 | 17.41 | 15.31 | 16.98 | 16.10 | |
| Total Expenses Annual Cr | 36265.67 | 30200.38 | 28163.90 | 23078.54 | 25072.01 | |
| EBIDT Annual Cr | 10225.35 | 7730.56 | 6467.88 | 6204.94 | 6829.79 | |
| EBIDT Annual margin % | 22.19 | 20.56 | 18.83 | 21.38 | 21.58 | |
| Depreciation | 349.84 | 282.44 | 269.17 | 259.28 | 246.43 | |
| PAT Before ExtraOrdinary Items Annual Cr | 7478.79 | 5627.60 | 5018.87 | 4554.59 | 5099.98 | |
| Net Profit Annual | 7478.79 | 5627.60 | 5018.87 | 4554.59 | 5099.98 | |
| Basic EPS Annual | 264.60 | 197.30 | 173.60 | 157.50 | 176.30 |
| Indicator | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Graph |
|---|---|---|---|---|---|---|
| Total ShareHolders Funds Annual | 24860.50 | 25425.86 | 26668.80 | 25202.26 | 19925.49 | |
| Minority Interest Liability Annual Cr | - | - | - | - | - | |
| Total Non Current Liabilities Annual Cr | 664.45 | 503.79 | 563.70 | 684.73 | 594.60 | |
| Total Current Liabilities Annual Cr | 8725.70 | 5198.04 | 4689.44 | 5643.21 | 4253.21 | |
| Total Capital Plus Liabilities Annual Cr | 34250.65 | 31127.69 | 31921.94 | 31530.20 | 24773.30 | |
| Fixed Assets Annual | 3226.15 | 2797.92 | 1910.84 | 1680.91 | 1759.21 | |
| Total Non Current Assets Annual | 23893.47 | 22257.28 | 21927.47 | 17355.07 | 18176.34 | |
| Total Current Assets Annual | 10357.18 | 8870.41 | 9994.47 | 14175.13 | 6596.96 | |
| Total Assets Annual | 34250.65 | 31127.69 | 31921.94 | 31530.20 | 24773.30 | |
| Contingent Liabilities plus Commitments Annual Cr | 1857.78 | 1784.80 | 2172.93 | 1667.21 | 1803.85 |
| Indicator | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Graph |
|---|---|---|---|---|---|---|
| Cash from Operating Activity Annual | 7478.27 | 5511.89 | 4207.57 | 3113.86 | 3861.76 | |
| Cash from Investing Activity Annual | -139.22 | 1333.81 | -95.95 | -2865.35 | 1754.54 | |
| Cash from Financing Annual Activity | -7110.05 | -7178.86 | -4056.33 | -19.52 | -6246.51 | |
| Net Cash Flow Annual | 229.00 | -333.16 | 55.29 | 228.99 | -630.21 |
| Indicator | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Graph |
|---|---|---|---|---|---|---|
| Book Value Per Share Annual | 890.48 | 898.57 | 921.62 | 870.93 | 688.58 | |
| ROE Annual % | 30.08 | 22.13 | 18.81 | 18.07 | 25.59 | |
| ROCE Annual % | 38.68 | 28.72 | 22.76 | 22.96 | 32.08 | |
| Total Debt to Total Equity Annual | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | |
| EBDIT Annual Margin % | 22.88 | 21.22 | 19.51 | 22.36 | 22.82 |
| Indicator | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 | Dec 2021 | Sep 2021 | Jun 2021 | Graph |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Qtr Revenue cr | 12267.39 | 11914.94 | 12521.66 | 11206.84 | 10663.01 | 9192.73 | 9589.07 | 10536.56 | 8324.54 | 8263.70 | 9369.31 | 9080.50 | 7715.34 | |
| Operating Expenses Qtr | 9561.63 | 9270.69 | 9750.43 | 8708.11 | 8379.64 | 7272.02 | 7561.25 | 8453.07 | 6718.51 | 6614.16 | 7650.45 | 7362.10 | 6268.08 | |
| Operating Profit Qtr | 2370.44 | 2284.26 | 2414.90 | 2130.13 | 1932.27 | 1657.21 | 1757.29 | 1749.64 | 1286.39 | 1360.68 | 1371.20 | 1400.08 | 1117.96 | |
| EBIDT Qtr Cr | 2705.76 | 2644.25 | 2771.23 | 2498.73 | 2283.37 | 1920.71 | 2027.82 | 2083.49 | 1606.03 | 1964.82 | 1718.86 | 2219.63 | 1447.26 | |
| Depreciation Qtr | 95.01 | 92.81 | 92.91 | 91.82 | 87.23 | 75.99 | 74.82 | 67.48 | 67.56 | 69.83 | 69.97 | 65.74 | 64.22 | |
| Net Profit Qtr | 1941.79 | 2011.43 | 2032.62 | 2020.05 | 1644.14 | 1704.74 | 1472.70 | 1719.44 | 1163.33 | 1526.16 | 1429.68 | 2039.86 | 1170.17 | |
| Basic EPS Qtr | 69.60 | 71.20 | 71.90 | 71.40 | 58.10 | 60.30 | 52.10 | 60.10 | 40.20 | 52.80 | 49.40 | 70.50 | 40.50 |
| Indicator | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Graph |
|---|---|---|---|---|---|---|
| Total Revenue Annual | 46306.45 | 37642.90 | 34428.85 | 29017.54 | 31443.22 | |
| Operating Expenses Annual Cr | 36108.87 | 30004.85 | 27894.79 | 22816.40 | 24823.01 | |
| Operating Profit Annual | 8761.56 | 6450.53 | 5249.92 | 4924.68 | 5095.64 | |
| Operating Profit Margin Annual % | 18.92 | 17.14 | 15.25 | 16.97 | 16.21 | |
| Total Expenses Annual Cr | 36534.00 | 30330.21 | 28173.21 | 23082.43 | 25072.60 | |
| EBIDT Annual Cr | 10197.58 | 7638.05 | 6534.06 | 6201.14 | 6620.21 | |
| EBIDT Annual margin % | 22.02 | 20.29 | 18.98 | 21.37 | 21.05 | |
| Depreciation | 364.77 | 285.85 | 269.76 | 259.37 | 246.43 | |
| PAT Before ExtraOrdinary Items Annual Cr | 7440.65 | 5530.92 | 5586.34 | 4550.70 | 4890.40 | |
| Net Profit Annual | 7708.24 | 6060.21 | 6165.87 | 4857.02 | 5211.91 | |
| Basic EPS Annual | 272.70 | 212.50 | 213.20 | 167.90 | 180.20 |
| Indicator | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Graph |
|---|---|---|---|---|---|---|
| Total ShareHolders Funds Annual | 28962.41 | 29361.54 | 29859.65 | 27273.43 | 21662.08 | |
| Minority Interest Liability Annual Cr | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |
| Total Non Current Liabilities Annual Cr | 1290.04 | 504.16 | 563.05 | 684.73 | 594.60 | |
| Total Current Liabilities Annual Cr | 9091.23 | 5270.74 | 4688.50 | 5643.54 | 4253.33 | |
| Total Capital Plus Liabilities Annual Cr | 39343.69 | 35136.45 | 35111.21 | 33601.71 | 26510.02 | |
| Fixed Assets Annual | 3252.47 | 2927.50 | 1913.26 | 1683.53 | 1759.21 | |
| Total Non Current Assets Annual | 27545.32 | 25486.05 | 24745.60 | 19414.05 | 19894.00 | |
| Total Current Assets Annual | 11798.37 | 9650.40 | 10365.61 | 14187.66 | 6616.02 | |
| Total Assets Annual | 39343.69 | 35136.45 | 35111.21 | 33601.71 | 26510.02 | |
| Contingent Liabilities plus Commitments Annual Cr | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Indicator | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Graph |
|---|---|---|---|---|---|---|
| Cash from Operating Activity Annual | 6558.16 | 5277.42 | 4197.21 | 3119.88 | 3850.44 | |
| Cash from Investing Activity Annual | -343.73 | 1199.52 | -80.86 | -2868.36 | 1556.09 | |
| Cash from Financing Annual Activity | -6167.36 | -7180.70 | -4056.33 | -19.52 | -6246.51 | |
| Net Cash Flow Annual | 47.07 | -703.76 | 60.02 | 232.00 | -839.98 |
| Indicator | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Graph |
|---|---|---|---|---|---|---|
| Book Value Per Share Annual | 1037.41 | 1037.66 | 1031.88 | 942.51 | 748.59 | |
| ROE Annual % | 26.61 | 20.63 | 20.64 | 17.80 | 24.06 | |
| ROCE Annual % | 32.50 | 24.61 | 20.59 | 21.25 | 28.63 | |
| Total Debt to Total Equity Annual | 0.06 | 0.00 | 0.00 | 0.00 | 0.00 | |
| EBDIT Annual Margin % | 22.72 | 20.95 | 19.71 | 22.35 | 22.12 |
| Name | Holding Percent | Holding Id | Pledged % | Locked % |
|---|---|---|---|---|
| SBI NIFTY 50 EQUAL WEIGHT INDEX FUND | 1.15 | 93332445 | - | - |
| GOVERNMENT OF SINGAPORE | 1.19 | 93332453 | - | - |
| Name | Holding Percent | Holding Id | Pledged % | Locked % |
|---|---|---|---|---|
| BAJAJ HOLDINGS AND INVESTMENT LIMITED | 34.22 | 93332379 | 0 | 0 |
| JAMNALAL SONS PVT LTD | 9.3 | 93332380 | 0 | 0 |
| MAHARASHTRA SCOOTERS LIMITED | 2.46 | 93332381 | 0 | 0 |
| BAJAJ SEVASHRAM PVT LTD | 1.58 | 93332382 | 0 | 0 |
| BACHHRAJ AND COMPANY PVT LIMITED | 1.29 | 93332383 | 0 | 0 |
| BACHHRAJ FACTORIES PVT LIMITED | 0.69 | 93332384 | 0 | 0 |
| BARODA INDUSTRIES PVT LIMITED | 0.59 | 93332385 | 0 | 0 |
| Name | Holding Percent | Holding Id |
|---|---|---|
| SBI NIFTY 50 EQUAL WEIGHT INDEX FUND | 1.15 | 93332445 |
| GOVERNMENT OF SINGAPORE | 1.19 | 93332453 |
| LICI ULIP-SECURED FUND | 1.27 | 93332447 |
| Name | Holding Percent | Holding Id |
|---|---|---|
| Trusts | 1.28 | 93332460 |
| JAYA HIND INDUSTRIES PRIVATE LIMITED | 3.55 | 93332464 |
| Ex-Date | Dividend Amount | Dividend Type | Record Date | Instrument Type |
|---|---|---|---|---|
| Jun 14, 2024 | 80 | FINAL | Jun 14, 2024 | Equity Share |
| Jun 30, 2023 | 140 | FINAL | Jun 30, 2023 | Equity Share |
| Jun 30, 2022 | 140 | FINAL | Jul 01, 2022 | Equity Share |
| Jul 08, 2021 | 140 | FINAL | - | Equity Share |
| Mar 03, 2020 | 120 | INTERIM | Mar 04, 2020 | Equity Share |
| Jul 11, 2019 | 60 | FINAL | - | Equity Share |
| Jul 05, 2018 | 60 | FINAL | - | Equity Share |
| Jul 06, 2017 | 55 | FINAL | - | Equity Share |
| Jul 14, 2016 | 5 | FINAL | - | Equity Share |
| Mar 16, 2016 | 50 | INTERIM | Mar 17, 2016 | Equity Share |
| Jul 09, 2015 | 50 | FINAL | - | Equity Share |
| Jul 03, 2014 | 50 | FINAL | - | Equity Share |
| Jul 04, 2013 | 45 | FINAL | - | Equity Share |
| Jul 05, 2012 | 45 | FINAL | - | Equity Share |
| Jun 29, 2011 | 40 | FINAL | - | Equity Share |
| Jul 08, 2010 | 40 | FINAL | - | Equity Share |
| Jul 02, 2009 | 22 | FINAL | - | Equity Share |
| Jun 27, 2008 | 20 | FINAL | - | Equity Share |
| Ex-Date | Split Ratio | Record Date |
|---|
| Ex-Date | Purpose | Notes |
|---|---|---|
| Oct 16, 2024 | Quarterly Results | - |
| Jul 16, 2024 | Quarterly Results | - |
| Apr 18, 2024 | Audited Results & Dividend | - |
| Jan 24, 2024 | Quarterly Results | - |
| Jan 08, 2024 | Buy Back of shares | - |
| Oct 18, 2023 | Quarterly Results | - |
| Jul 25, 2023 | Quarterly Results | - |
| Apr 25, 2023 | Audited Results & Final Dividend | - |
| Jan 25, 2023 | Quarterly Results | - |
| Oct 14, 2022 | Quarterly Results | - |
| Jul 26, 2022 | Quarterly Results | - |
| Jun 27, 2022 | Buy Back of Shares | - |
| Jun 14, 2022 | Buy Back of Shares | - |
| Apr 27, 2022 | Audited Results & Dividend | - |
| Jan 19, 2022 | Quarterly Results | - |
| Oct 27, 2021 | Quarterly Results | - |
| Jul 22, 2021 | Quarterly Results | - |
| Apr 29, 2021 | Audited Results & Dividend | - |
| Jan 21, 2021 | Quarterly Results | - |
| Oct 22, 2020 | Quarterly Results | - |
| Jul 22, 2020 | Quarterly Results | - |
| May 20, 2020 | Audited Results | - |
| Feb 21, 2020 | Interim Dividend | - |
| Jan 30, 2020 | Quarterly Results | - |
| Oct 23, 2019 | Quarterly Results | - |
| Jul 26, 2019 | Quarterly Results | - |
| May 17, 2019 | Audited Results & Dividend | - |
| Jan 30, 2019 | Quarterly Results | - |
| Oct 24, 2018 | Quarterly Results | - |
| Jul 20, 2018 | Quarterly Results | - |
| May 18, 2018 | Audited Results & Dividend | - |
| Feb 02, 2018 | Quarterly Results | - |
| Oct 17, 2017 | Quarterly Results | - |
| Jul 20, 2017 | Quarterly Results | - |
| May 18, 2017 | Audited Results & Dividend | - |
| Jan 31, 2017 | Quarterly Results | - |
| Oct 28, 2016 | Quarterly Results | - |
| Jul 27, 2016 | Quarterly Results | - |
| May 25, 2016 | Audited Results & Final Dividend | - |
| Mar 16, 2016 | Appointment of Director | - |
| Mar 09, 2016 | Interim Dividend | - |
| Feb 04, 2016 | Quarterly Results | - |
| Oct 21, 2015 | Quarterly Results | - |
| Jul 23, 2015 | Quarterly Results | - |
| May 21, 2015 | Audited Results & Dividend | - |
| Jan 15, 2015 | Quarterly Results | - |
| Oct 14, 2014 | Quarterly Results | - |
| Jul 17, 2014 | Quarterly Results | - |
| May 15, 2014 | Audited Results & Dividend | - |
| Jan 16, 2014 | Quarterly Results | - |
| Oct 16, 2013 | Quarterly Results | - |
| Jul 19, 2013 | Quarterly Results | - |
| May 16, 2013 | Audited Results & Dividend | - |
| Jan 16, 2013 | Quarterly Results | - |
| Oct 20, 2012 | Quarterly Results | - |
| Jul 18, 2012 | Quarterly Results | - |
| May 17, 2012 | Audited Results & Dividend | - |
| Jan 19, 2012 | Quarterly Results | - |
| Oct 20, 2011 | Quarterly Results | - |
| Jul 14, 2011 | Quarterly Results | - |
| May 18, 2011 | Audited Results & Dividend | - |
| Jan 19, 2011 | Quarterly Results | - |
| Oct 19, 2010 | Quarterly Results | - |
| Jul 22, 2010 | Increase in Authorised Capital & Bonus | To increase in Authorized Share Capital from Rs. 150 Crs to Rs. 300 Crs & to issue of Bonus Shares in the ratio of 1:1 of Rs. 10/- each. |
| May 12, 2010 | Audited Results & Dividend | - |
| Jan 12, 2010 | Quarterly Results | - |
| Oct 15, 2009 | Quarterly Results | - |
| Jul 16, 2009 | Quarterly Results | - |
| May 21, 2009 | Audited Results, Dividend & ESOP | To approve the the ESOS for a grant of options upto a maximum of 2,200,000 (Nos.) (approximately 1.5% of the present paid up capital) for the benefit of permanent employees of Company. |
| Jan 16, 2009 | Quarterly Results | - |
| Oct 23, 2008 | Quarterly Results | - |
| Jul 10, 2008 | Quarterly Results | - |
| Ex-Date | Bonus Ratio | Record Date |
|---|---|---|
| Sep 08, 2010 | 1:1 | 2010-09-10 |
14 Oct 2024
BAJAJ AUTO LTD. - 532977 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 is attached for the quarter ended 30 September 2024.
14 Oct 2024
Bajaj Auto Q2FY25 preview: Revenue may climb upto 25% YoY on strong volumes
Analysts are optimistic about major revenue growth for Bajaj Auto, driven by robust volume increases and effective pricing strategies.
02 Oct 2024
BAJAJ AUTO LTD. - 532977 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Conference call (group meet) for analysts /institutional investors is scheduled on October 16, 2024 (Wednesday) at 06:30 PM IST for discussing the Company''s Q2 FY25 results.
01 Oct 2024
Bajaj Auto announces festive season discounts on Pulsar range
In addition to the price reduction, Bajaj Auto is offering up to 5,000 cashback on select models, including the Pulsar 125 Carbon Fiber, NS125, N150, Pulsar 150, N160, NS160, NS200, and N250
01 Oct 2024
BAJAJ AUTO LTD. - 532977 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Sales for the month of September 2024.
26 Sep 2024
BAJAJ AUTO LTD. - 532977 - Closure of Trading Window
Trading window closure from 1st October 2024 to 18th October 2024 for Unaudited financial results for quarter and half year ending 30 September 2024.
26 Sep 2024
BAJAJ AUTO LTD. - 532977 - Board Meeting Intimation for Unaudited Financial Results For The Quarter And Half Year Ending 30 September 2024.
BAJAJ AUTO LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 16/10/2024 ,inter alia, to consider and approve Unaudited Financial Results for the quarter and half year ending 30 September 2024.
18 Sep 2024
Exports demand likely to keep Bajaj Auto's shares under pressure
While domestic 2W will grow by 7-8 per cent (13 per cent up in motorcycle volumes in FY25 till August), there's weakness in the 100cc segment with low single-digit growth
18 Sep 2024
Bajaj Auto May Decline 40%, Projects CLSA As It Maintains 'Underperform'
CLSA's assessment comes after the recent launch of two new motorcycles from Bajaj and Triumph, the Speed T4 and the MY25 Speed 400.
17 Sep 2024
Export of electric two-wheelers from India has lot of potential: Gadkari
Exports of electric two-wheelers from India has a lot of potential, specially to markets where Indian manufacturers are already selling conventional engine counterparts, Union Minister Nitin Gadkari said on Tuesday. Speaking at the launch of Revolt Motors' electric commuter motorcycle here, Gadkari said 50 per cent of motorcycles produced in India are exported and major players like Bajaj Auto, Hero MotoCorp, and TVS have a large presence in the international markets. The minister asked Revolt Motors to explore markets in the neighbouring countries as well as Africa and Latin America. Anjali Rattan, Co Founder and Chairperson of Rattan India Enterprises -- the promoter firm of Revolt Motors -- said the company has firmed up plans for exports to Sri Lanka to start with. The company is exploring export opportunities in Nepal, Africa, and Latin America as well. Revolt Motors on Tuesday launched its commuter bike RV1 with introductory prices of Rs 84,990 and Rs 99,990 for two variants
