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Inderjeet Singh

1st Sep · SEBI-Registered Analyst

Bajaj Auto, M&M Shares Rise on August Sales Growth

!BAJAJ-AUTO & mahindra& mahindra shares rise as August sales jump, with exports powering growth. Bajaj Auto's total vehicle sales to dealers in August stood at 4,17,616 units, a nearly 5% rise from the previous year. Domestic sales dipped over 8% to 2,32,398 units, while exports jumped 29% to 1,85,218 units, making overseas markets an important contributor to the company's overall sales performance. Two-wheeler sales stood at 3,41,887 units, up 2% year-on-year, while commercial vehicle sales increased 21% to 75,729 units. M&M's passenger vehicle sales also recorded growth in August, with utility vehicle sales supported by demand. The August sales numbers kept both Bajaj Auto and M&M shares in focus as investors assessed the performance of the auto sector. The sales data also highlighted the contribution of exports to Bajaj Auto's overall volumes, while growth in commercial vehicles added further support to its monthly performance. With August sales figures now available, market participants will track how the companies' domestic and export performance develops in the coming months.

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