The monthly run-rate of exports for the last 12 months is 13% higher than in FY20 despite sporadic lockdowns. In June quarter, the share of two-wheeler exports in the total volume rose to 55.3% compared with 47.9% in the previous quarter. Including three-wheelers, the export volume rose to 65%.
ET Intelligence Group: Sustained export volumes that helped partially offset a moderation in sales at home should help the stock of Bajaj Auto to outrun peers in the medium term. An increasing share of earnings from overseas should mitigate the disruptive impact of India’s increasing EV focus on the company that sells in markets as diverse as Africa and Latin America.
The monthly run-rate of exports for the last 12 months is 13% higher than in
- GIFT ARTICLE
- FONT SIZE
Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors
Stock analysis. Market Research. Industry Trends on 4000+ Stocks
Clean experience with
Comment & Engage with ET Prime community
Exclusive invites to Virtual Events with Industry Leaders
A trusted team of Journalists & Analysts who can best filter signal from noise