Bajaj Auto lost 2 percent market share in the two-wheeler segment during the quarter, and is hoping to recoup it through the new variant of the Discover model. Rajiv Bajaj is expecting strong festive season sales to boost the company‘s bottomline, as festive sales typically increase 70-100 percent every year.
Speaking to CNBC-TV18, Rajiv Bajaj, managing director, Bajaj Auto says the Q2 is known as the most difficult quarter because it comes in between the marriage season in the first quarter and the festive season in the third quarter.