Bike makers line up 60 new models for launch next year

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.
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Dec 12, 2006, 08.46 AM | Source: Moneycontrol.com

Bike makers line up 60 new models for launch next year

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.

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Bike makers line up 60 new models for launch next year

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.

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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 May 24, 2016, Bajaj Holdings & Investment closed at Rs 1491.20, up Rs 1.10, or 0.07 percent. The 52-week high of the share was Rs 1745.00 and the 52-week low was Rs 1282.70.


The company's trailing 12-month (TTM) EPS was at Rs 67.96 per share as per the quarter ended December 2015. The stock's price-to-earnings (P/E) ratio was 21.94. The latest book value of the company is Rs 535.78 per share. At current value, the price-to-book value of the company is 2.78.

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Bike makers line up 60 new models for launch next year
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Price when posted: BSE: Rs1490.10 ( 0.05 % ), NSE: Rs. 1486.00 ( 0.28 % )

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