India's Bajaj Auto drops on weak domestic September sales

Bajaj Auto

01/10/2026 05:10

** Bajaj Auto BAJA.NS slips 5.6% to 10,257 rupees
** Stock is the top percentage loser on the benchmark Nifty 50 index .NSEI
** Co's September sales in the domestic market fell 9% y/y, with domestic two-wheeler sales dropping 12%
** Automaker's total sales for September rose 5% y/y to 538,443 units, helped by a 32% jump in exports
** Thirty seven analysts have a "buy" rating on avg; median PT is 11,700 rupees - data compiled by LSEG
** Day's decline trims BAJA's YTD grains to around 9%

 (Reporting by Urvi Dugar in Bengaluru)
 ((UrviManoj.Dugar@thomsonreuters.com;))