Production constraint due to chip shortage for Chetak electric: Bajaj Auto
Expects it to resolve by May-end and double capacity to 10,000 units/month from June28-04-2023
28-04-2023
Bajaj Auto to boost Chetak's production to 10,000 units a month by June
Bajaj Auto Ltd is ramping up production of its electric scooter Chetak to touch around 10,000 units a month by June, having overcome supply chain constraints as it gradually expands the sales network of the brand, according to a senior company official. The company plans to have around 150 exclusive outlets for the Chetak electric scooter by September, and is taking a calibrated expansion keeping in mind the uncertainty over the extension of FAME II scheme for promotion of electric vehicles beyond this fiscal. "We are trying to get to 10,000 (units) by June. It is a supply chain issue," Bajaj Auto Executive Director Rakesh Sharma said here on the sidelines of opening of an exclusive Chetak showroom. The company has reached 5,000 units at present and next month, it will try to get to 7,000 units, he said, adding after that Bajaj Auto would assess how the demand is coming to plan future production roadmap. Sharma said the company had faced problems earlier due to over dependence on .28-04-2023
Accumulate Bajaj Auto; target of Rs 4756: KR Choksey
KR Choksey recommended accumulate rating on Bajaj Auto with a target price of Rs 4756 in its research report dated April 27, 2023.28-04-2023
Bajaj Auto gains 3%, hits new peak post Q4 nos on healthy growth prospects
The management said that retails in export market were steadily improving, and inventory levels were low as customers are now accepting increased prices27-04-2023
Bajaj Auto's Q4 tailwinds set to ebb
Although the automaker's total sales volume in Q4 fell by 12% year-on-year (y-o-y), net realization per vehicle hit a multi-quarter high.26-04-2023
BAJAJ AUTO LTD. - 532977 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
The audio recording of the conference call held on 25 April 202326-04-2023
Reduce Bajaj Auto; target of Rs 4028: HDFC Securities
HDFC Securities recommended reduce rating on Bajaj Auto with a target price of Rs 4028 in its research report dated April 25, 2023.26-04-2023
Bajaj Auto Results Earnings Call for Q4FY23
Conference Call with Bajaj Auto Ltd. Management and Analysts on Q4FY23 Performance and Outlook. Listen to the full earnings transcript.25-04-2023
BAJAJ AUTO LTD. - 532977 - Disclosure Of Related Party Transactions On A Consolidated Basis - Reg. 23(9)
Disclosures of related party transactions for the half year ended commencing from 1 October 2022 to 31 March 2023.25-04-2023