The brief
- Total sales reached 5,38,443 units
- Domestic sales fell 9%, while exports rose 32% to 2.44 lakh units
- Export growth cushions weaker domestic demand for Bajaj Auto and the two-wheeler sector
- Bajaj Auto Exclusive: Supply chain issues resolved, October sales to be better, says Joint MD Rakesh Sharma
- Shares of Indian auto companies slide as sales soften in September, after hitting record highs in August
- Auto stocks slide after weak September sales; Bajaj Auto falls as much as 8%
- Explained - Why Auto stocks, led by Bajaj fell up to 7% after their September sales numbers
- Sensex, Nifty open cautiously today; IT stocks bleed as crude, yields bite