Bajaj Auto touches a market capitalisation of Rs 1 trillion

Bajaj Auto became the first two-wheeler firm to cross a market capitalisation of Rs 1 trillion globally. In November, the company saw a 5% growth in volumes, mainly by exports, which were up 14% and domestic volumes were down 4%. Shares closed at Rs 3,479 on the NSE on Friday. Exports accumulated for 53% of the volumes compared to 48% in 2019. The company had brands like Pulsar, Boxer, Platina and RE having presence in 70 countries. Bajaj Auto foresees entering Thailand this year followed by Brazil next year.

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