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Moneycontrol >> Messageboard >> Stocks >> Bajaj Auto
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Bajaj Auto

Belongs to: Auto - 2 & 3 Wheelers
Buy, Sell or Hold? 8 comments
1 negative opinions
1 boarder queries
Peer stocks in Auto - 2 & 3 Wheelers sector
BSE: 532977
NSE: BAJAJ-AUTO
315.30  4.65 (1.5)
Volume: 26963
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04 Dec 2008 12:34

BSE Announcements on Bajaj Auto

Posted by : MMB Messenger
Price when posted : [Bajaj Auto - BSE:Rs. 315.00 NSE:Rs. 314.00 when posted]
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Tracked by: 0 Boarder

Bajaj Auto Ltd has informed BSE regarding a Press Release issued by the Company in respect of sales for the month of November, 2008....

03 Dec 2008 18:06

NSE Announcements on Bajaj Auto

Posted by : MMB Messenger
Price when posted : [Bajaj Auto - BSE:Rs. 307.80 NSE:Rs. 303.80 when posted]
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Tracked by: 0 Boarder

Bajaj Auto Limited has informed the Exchange regarding a press release issued by the Company in respect of sales for the month of November, 2008. A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...

30 Nov 2008 08:27

Hold

Posted by : vkk43
Price when posted : BSE: Rs 320.85 ( -1.90 % ), NSE: Rs. 321.65 ( -2.16 % )
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Tracked by: 0 Boarder

With the economy losing steam and production targets being scaled down, the near to medium term triggers for the stock are limited.
Source - Business Line...

19 Nov 2008 12:35

if they will not reduce price ,40-50 percent ,Bajaj will be diwalia in 28-40 months in this recession of world market ,auto is very very costly in india ...

In reply to:

At what price I should purchase Bajajauto share

Posted by : BJJ

i fully agree with you since the oct sales which is bread and butter for two wheeler industry due to festive season witneesed a negative growth and in that bajaj sales dipped by 34%.November sales are even expected to further worsen since the dealers are carrying heavy inventory acoording to the press release given by rajiv bajaj.Its better to exit any long positon in stock since due t low volumes the stock can have a free fall after the november sales are declared on 30th november. I also checked that the stock has fallen from 545 to 370 in just 10trading days after 31st october when the oct sales are delared. I am also having 200 shares at higher levels an will exit tommorow.

16 Nov 2008 20:57

i fully agree with you since the oct sales which is bread and butter for two wheeler industry due to festive season witneesed a negative growth and in that bajaj sales dipped by 34%.November sales are even expected to further worsen since the dealers are carrying heavy inventory acoording to the press release given by rajiv bajaj.Its better to exit any long positon in stock since due t low volumes the stock can have a free fall after the november sales are declared on 30th november. I also checked that the stock has fallen from 545 to 370 in just 10trading days after 31st october when the oct sales are delared. I am also having 200 shares at higher levels an will exit tommorow....

In reply to:

At what price I should purchase Bajajauto share

Posted by : jdosvd

My study indicates that the stock will continue to weaken and find support in the range of 280-320 levels.Best to exit and re-enter at lower levels.

16 Nov 2008 20:48

Bajaj Autos after declaring its october nos(-34%) have afree fall from 545 to 370 levels in just 10 trading sessions. Since november sales again will witness a major drop in the tune of somewhere around 55% (YOY), the stock will probably have a free fall to 250 levelswhere it has some support.Since the two wheeler industry is badly effected, bajaj and tvs are among the worst hit and cutting there productions. So exit from this counter before the next monhnos are released on 30 th november. See the volumes in the stock, THEY ARE SO LOW DUE TO WHICH IT WILL WITNESS A FREE FALL. SO EXIT FROM THIS COUNTER AND GO SHORT....

06 Nov 2008 23:12

My study indicates that the stock will continue to weaken and find support in the range of 280-320 levels.Best to exit and re-enter at lower levels....

In reply to:

At what price I should purchase Bajajauto share

Posted by : vpmittal

What is the expected bottom price for Bajajauto ?

06 Nov 2008 11:45

What is the expected bottom price for Bajajauto ?...

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1 queries on

At what price I should purchase Bajajauto share - What is the expected bottom price for Bajajauto ?...

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