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Auto sales numbers – September 2011
Bajaj Auto (BAL)
BAL reported a better-than-expected 18.4% yoy (9.1% mom) increase in total volumes to
417,686 units in September 2011, led by strong performance across product segments.
Motorcycle volumes grew by 18% yoy (9.8% mom) and three-wheeler sales jumped by
21.5% yoy (4% mom) during the month. Exports also maintained their impressive growth
rate, registering a robust 39.2% yoy (2.7% mom) increase in sales. BAL recorded its
highest-ever motorcycle and three-wheeler sales during the month.
Hero MotoCorp (Hero)
Hero reported better-than-expected 26.7% yoy (9.1% mom) growth in volumes to 549,625
units, led by robust performance across all product segments. Hero continued its strong
pace of growth and reported its highest-ever monthly sales during the month.
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
Auto sales numbers – September 2011
Bajaj Auto (BAL)
BAL reported a better-than-expected 18.4% yoy (9.1% mom) increase in total volumes to
417,686 units in September 2011, led by strong performance across product segments.
Motorcycle volumes grew by 18% yoy (9.8% mom) and three-wheeler sales jumped by
21.5% yoy (4% mom) during the month. Exports also maintained their impressive growth
rate, registering a robust 39.2% yoy (2.7% mom) increase in sales. BAL recorded its
highest-ever motorcycle and three-wheeler sales during the month.
Hero MotoCorp (Hero)
Hero reported better-than-expected 26.7% yoy (9.1% mom) growth in volumes to 549,625
units, led by robust performance across all product segments. Hero continued its strong
pace of growth and reported its highest-ever monthly sales during the month.
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