Bajaj Auto November Sales Falls 1%, But Beat Analyst Estimates

Two and three wheeler maker Bajaj Auto announced sale of 4 lakh units in November 2019, lower by a 1 percent compared to total sales in same period last year. 

The month-on-month sales dropped 13 percent. Company sold 4.06 lakh units in November 2018; and 4.63 lakh units in October 2019 which was driven by festival season.

Domestic sales fell 12 percent year-on-year to 2.07 lakh units, but exports grew by 14 percent to 1.95 lakh units, the highest ever in a month, compared to year-ago month, company said in its BSE filing.

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