Bajaj Auto share value continued its downward pattern for the seventh straight session, falling greater than 3% to succeed in an intraday low of seven,475.70 throughout Tuesday’s buying and selling. Bajaj Auto share value has declined by over 13% previously week of buying and selling classes.
In line with Rajesh Bhosale, Fairness Technical and By-product Analyst at Angel One, Auto stays underneath important stress and any bounce are getting offered into, whereas the momentum oscillators are oversold there are usually not indicators of bullish reversal and one ought to anticipate a base formation or bullish candle to enter, 7,050 is subsequent assist whereas 8,000 is resistance.
The corporate just lately reported a 14% decline in home 2-wheeler gross sales for February. In a submitting to the change, Bajaj Auto disclosed that it offered 1.46 lakh 2-wheelers in India in February 2025. This represents a 14% lower in comparison with the 1.71 lakh 2-wheelers offered in February 2024. Conversely, the corporate noticed a 23% enhance in 2-wheeler exports year-on-year, totaling 1.53 lakh models for the month.
Concerning industrial autos, Bajaj Auto skilled a 3% enhance in home gross sales, whereas exports decreased by 2%.
In abstract, the corporate’s complete home gross sales fell 11% to 1.83 lakh models, whereas exports rose considerably by 21% to 1.69 lakh models.
