Bajaj Auto May Raise Prices
DSIJ Intelligence / 27 Sep 2013
Just before the festive season, Bajaj Auto has hinted at the possibility of increasing its product prices. This would surely pinch the consumers' pockets.
The auto sector, particularly the two-wheelers space, has been in the news for various reasons for some time now. In a recent development, Pune-based two-wheeler major Bajaj Auto has hinted at increasing the prices of its products. This announcement has come just before the start of the festive season. The company is likely to take this step in order to offset the impact of high input costs and a weak rupee.
The quantum of the price hike is yet to be announced. We will keep you updated on this as and when it is announced, so watch this space. At this point the stock is trading on a flattish note at Rs 1995.