Bajaj Auto has made a statement that it will launch a four wheeler vehicle without pairing with Nissan-Renault.
Also, it is not planning to alter the capital expenditure for present financial year and it holds the same.
The business has proclaimed that there is drop of 31% in two and three wheelers trading in the month of October 2008. It also quoted that motorcycle sales are decreased by 34% to 163,850 units in October 2008 against October 2007 sales of 248,307 units.
The share level traded was 5,841 at the BSE (1.51 p.m., Monday) and the share value got reduced to Rs 12.9, or 3.49%, to trade at Rs 357.
Source: news.infibeam.com
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