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  • Bajaj Auto expects demonetisation woes to play out in Q4 as well

    Speaking to CNBC-TV18, S Ravikumar, President - Business Development at Bajaj Auto said that the impact of demonetisation is likely to play out in the fourth quarter of FY17 as well.

  • Bajaj Auto is confident of going back to 20% margins by Q4-end

    Bajaj Auto is confident of going back to 20% margins by Q4-end

    Bajaj Auto reported 4.7 percent fall in profit in the third quarter to Rs 924.6 crore as against Rs 970.6 crore in the same period last year. Revenue for the quarter decline 4.1 percent to Rs 59,500 per unit.

  • Hero to benefit from rural recovery first; like Maruti: LKP Sec

    Hero to benefit from rural recovery first; like Maruti: LKP Sec

    Speaking on specific companies, Ashwin Patil of LKP Securities believe that Maruti Suzuki will see momentum retune in future with line-up of new models. Maruti saw a 1 percent decline in sales in December.

  • Rural demand down 20%; no respite visible yet: Bajaj Auto

    Rural demand down 20%; no respite visible yet: Bajaj Auto

    Bajaj Auto reported a 22 percent decline in sales to 2.25 lakh units in December due to demonetisation impact. No respite is visible yet from the cash crunch, said S Ravikumar, President – Business Development at Bajaj Auto.

  • Dominar price logical; may not impact Enfield volumes: Bajaj

    Dominar price logical; may not impact Enfield volumes: Bajaj

    Rajiv Bajaj, Managing Director at Bajaj Auto does not believe its new 400cc bike Dominar is priced aggressively. In fact, he thinks the price is 'logical'.

  • Tough to guide on sales volumes; market share intact: Bajaj Auto

    Tough to guide on sales volumes; market share intact: Bajaj Auto

    It is tough to ascertain when sales will pick up as the demonetisation pain could continue for few more months says S Ravikumar, President - Business Development at Bajaj Auto.

  • See a decline of 25% YoY in November sales: Bajaj Auto

    See a decline of 25% YoY in November sales: Bajaj Auto

    Eric Vas, President of Motorcycle Business at Bajaj Auto, said that post demonetisation there has been a significant decline in the sales of 2-wheelers. It was 50 percent in rural India and 25 percent in urban areas.

  • Bajaj Auto eyeing 24 lakh domestic volumes by FY17 end

    Bajaj Auto eyeing 24 lakh domestic volumes by FY17 end

    Commenting on the sales performance, S Ravikumar, President — business development — at Bajaj Auto said the company saw muted sales during Dussehra but picked up in the run up to Diwali. He expects new launches lined up in November and December to boost volumes and the company is targeting 24 lakh in domestic volumes by FY17-end.

  • Export slump to end in Q2; plan to enter new mkts: Bajaj Auto

    Export slump to end in Q2; plan to enter new mkts: Bajaj Auto

    Ravikumar is confident that the drop in exports could end in the second quarter of financial year 2017. The company is going to review its export guidance of 16 lakh units for FY17 by December.

  • Bajaj tie-up to add customers, improve distribution: Gulf Oil

    Bajaj tie-up to add customers, improve distribution: Gulf Oil

    Speaking to CNBC-TV18, Ravi Chawla, MD of Guld Oil said that they have 8-9 percent share in the Bazaar market and the company expect this to increase by 1-2 percent on back of the tie-up in next 2-3 years.

  • Rahul Rathi, a wizard of Dalal Street, has 2 investing styles

    Rahul Rathi, a wizard of Dalal Street, has 2 investing styles

    Ramesh Damani‘s popular Wizards of Dalal Street is back, and this time Damani interviewed Rahul Rathi, MD & Chairman of Purnartha Investment Advisors. Rathi spoke about his two styles of investing: Invest in a business, and the other strategy is to invest in the businessman.

  • Bajaj Auto domestic business 'firing on all cylinders': Prez

    Bajaj Auto domestic business 'firing on all cylinders': Prez

    In an interview to CNBC-TV18, S Ravikumar, President-Business Development at Bajaj Auto spoke about their September auto sales numbers.

  • Rajiv Bajaj says new launches will take fight to Royal Enfield

    Rajiv Bajaj says new launches will take fight to Royal Enfield

    Speaking to CNBC-TV18 Rajiv Bajaj, MD of Bajaj Auto said industry didn't have a good run last year during Onam. The biggest issue for us is Nigeria, where were doing 40,000 motorocyles a month and now we are down to 15,000.” He said it was hard to predict what might happen.

  • Aim to meet exports target of 16 lk units in FY17: Bajaj Auto

    Aim to meet exports target of 16 lk units in FY17: Bajaj Auto

    Export markets have continued to be stressed but Egypt has seen some improvement in demand. Confident of meeting exports target of 16 lakh units in FY17, said S Ravikumar, President-Business Development, Bajaj Auto.

  • Motorcycle biz may grow by 40% in 2nd half of FY17: Bajaj Auto

    Motorcycle biz may grow by 40% in 2nd half of FY17: Bajaj Auto

    In an interview with CNBC-TV18, S Ravikumar of Bajaj Auto said that the company is growing at double the industry rate in the domestic segment and expects 40 percent growth in motorcycle segment in the second half of this fiscal.

  • Eicher's chief doffs hat to Rajiv Bajaj, eyes 30% margin growth

    Eicher's chief doffs hat to Rajiv Bajaj, eyes 30% margin growth

    Currently, the company is mainly focusing on building a future for Royal Enfield, says Siddhartha Lal, Managing Director and CEO of Eicher Motors.

  • New launches, Pay Commission to boost growth for Bajaj Auto

    New launches, Pay Commission to boost growth for Bajaj Auto

    Bajaj Auto reported a 3.5 percent rise in revenue to Rs 6,088.7 crore while its operating margin improved to 19.3 percent in the first quarter of FY17.

  • Bajaj Auto expects sales in August to zoom to 3.5 lakh units

    Bajaj Auto expects sales in August to zoom to 3.5 lakh units

    Speaking to CNBC-TV18, S Ravikumar of Bajaj Auto said while the industry grew 7 percent in the motorcycle segment, the company's grew 9 percent.

  • 5-tonners to keep growing at 25%, says Eicher Motors

    5-tonners to keep growing at 25%, says Eicher Motors

    Speaking to CNBC-TV18 Vinod Aggarwal of Eicher Motors said tippers are doing brisk business for the company. He added that as domestic consumption increases, thanks to the Seventh Pay Commission hikes, it will help the commercial vehicle (CV) sector.

  • After turning profitable, Pricol eyes Rs 3,000cr revenue by 2020

    After turning profitable, Pricol eyes Rs 3,000cr revenue by 2020

    Vikram Mohan, Managing Director of Pricol, told CNBC-TV18 that the company is targeting a 20-25 percent revenue growth in the next few years.

  • How Religare Cap sees May auto sales numbers

    How Religare Cap sees May auto sales numbers

    In an interview with CNBC-TV18, Mihir Jhaveri, Auto Analyst, Religare Capital Markets, gave his take on May auto sales data that came out yesterday.

  • June, July may be soft for domestic sales, export: Bajaj Auto

    June, July may be soft for domestic sales, export: Bajaj Auto

    While sales have been improving steadily, June and July will see softer sales in domestic and export markets, says S Ravikumar, President - Business Development, Bajaj Auto.

  • Operating margins to sustain above 20% in FY17: Bajaj Auto

    Operating margins to sustain above 20% in FY17: Bajaj Auto

    Revenue went up 14.2 percent to Rs 5411 crore year-on-year (YoY) and net profit saw an increment of 29.2 percent to Rs 803 crore (YoY).

  • Turmoil in Nigeria behind exports fall; see bounceback: Bajaj

    Turmoil in Nigeria behind exports fall; see bounceback: Bajaj

    A sharp fall in exports, led by turmoil in Nigeria, was offset by high growth in domestic markets for the month of April for Bajaj Auto, says S Ravikumar, President, Business Development.

  • Won't need much capex to meet increased 3 lakh CV target: Bajaj

    Won't need much capex to meet increased 3 lakh CV target: Bajaj

    Bajaj Auto has laid out a healthy 300,000 target in unit sales for its three-wheeler segment in fiscal 2017, up from 254,000 it sold in FY2016.

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