Shares of Bajaj Auto rose 2% on September 22 as the Pune-based automotive firm offered additional benefits to buyers on motorcycles under 350 cc as the new goods and services tax rates came into effect.
Bajaj Auto, after confirming it would fully pass on the 10% tax reduction on motorcycles under 350 cc, announced on September 22 additional customer benefits. These include 50% financing options, no processing fees, and complimentary insurance, all bundled under its 'Festive Hattrick Offer'.
As part of this promotion, the price of the Pulsar NS125 ABS in New Delhi will drop by Rs 12,206, while the Pulsar N160 USD will see a reduction of Rs 15,759. The company described this as one of its most extensive festive deals to date, covering the entire Pulsar lineup.
"This means that Pulsar buyers now gain 1.5 times the GST benefit, further enhancing the value of ownership during the festive season," said Bajaj Auto in a stock exchange filing.
Bajaj Auto Ltd reported a 14% year-on-year rise in consolidated net profit at Rs 2,210.44 crore for the first quarter of FY26. Revenue from operations climbed to Rs 13,133.35 crore in Q1FY26, marking a 10% increase from the same quarter last year.
At 1:45 pm on September 22, Bajaj Auto shares on NSE were trading 2% higher at Rs 9,156 apiece. The 52-week low of the stock is Rs 7,089 and 52-week high is Rs 12,774. The market capitalisation of the stock is Rs 2.56 lakh crore.
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