Dec 12, 2006, 08.46 AM IST
As many as 60 new bike models are lined up for launch in the next calendar year by new and existing players alike as they seek to consolidate their position in the fast growing domestic motorcycle market.
According to industry watchers, players such as Hero Honda , Bajaj Auto and Suzuki Motorcycles have firmed up plans to roll out between 8-12 new bikes each, while Kinetic , TVS , Honda Motorcycle & Scooter India, and Yamaha plan to launch between 3-5 each in 2007.
"Despite being extremely competitive, the bike market will continue to see double-digit growth momentum as there are no absolutely no signs of an impeding slowdown. This could be a reason why such launches have been lined for 2007," Mr Pradeep Saxena, Senior Vice-President, TNS Automotive, said.
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Bajaj Holdings stock price
On December 06, 2013, Bajaj Holdings & Investment closed at Rs 879.90, up Rs 7.65, or 0.88 percent. The 52-week high of the share was Rs 1058.00 and the 52-week low was Rs 743.75.
The company's trailing 12-month (TTM) EPS was at Rs 64.74 per share as per the quarter ended September 2013. The stock's price-to-earnings (P/E) ratio was 13.59. The latest book value of the company is Rs 466.04 per share. At current value, the price-to-book value of the company is 1.89.
Tags: Hero Honda, Bajaj Auto, Suzuki Motorcycles , Kinetic, TVS, Pradeep Saxena, Guangzhou Motor Company , Xenitis Group , Maninder Khurana, Synovate Motoresearch, Ultra Motors, Electrotherm
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