BAJAJ-AUTO

Strategic global expansion – KTM control

1. Strong February 2026 sales growth Bajaj Auto reported 27% year-on-year growth in total vehicle sales in Feb 2026, reaching about 4.48 lakh units. Growth came from both domestic sales (up ~27%) and exports (up ~28%), while commercial vehicle sales grew around 30%, indicating strong demand across segments. 2. Earlier monthly sales momentum In January 2026, the company recorded about 25% YoY sales growth, with strong exports and commercial vehicle demand supporting the performance. Export markets such as Africa, Latin America, and Asia remain a major revenue contributor. 3. Stock price movement and volatility The stock recently hit a 52-week high above ₹10,100 in February 2026 during strong momentum. After that rally, the stock saw some short-term pressure and intraday declines in early March, reflecting profit-booking and broader market movements. 4. Strategic global expansion – KTM control Bajaj Auto has strengthened its position in global premium motorcycles by taking full operational control of KTM AG, which could help expand international presence and product development. 5. Loan repayment and financial restructuring A subsidiary, BAIH BV, repaid a €480 million loan and restructured banking arrangements, improving the group’s financial structure and reducing liabilities. 6. Product and EV strategy The company is expanding its electric vehicle portfolio (Chetak scooters and electric three-wheelers) and planning new motorcycle launches across multiple segments, including on-road and off-road models.