The BSE Auto index was one of the worst hit today in intra-day deals, slipping over three per cent as compared to a two per cent drop in the benchmark indices.

The Bajaj Auto stock fell 2.6 per cent to Rs 1,574 on Thursday post its March 2012 quarter results, which were below expectations.

Pune-based Bajaj Auto Ltd, India’s second-biggest two-wheeler company, reported a 45 per cent fall in its stand-alone net profit at Rs 772 crore for the quarter ended March 31, 2012, compared to Rs 1,400 crore in the same quarter last year.

Bajaj Auto today said it will launch its mini four-wheeler commercial vehicle RE60 for intra-city urban transportation by the end of this fiscal.

Bajaj Auto is trading lower by over 2% at Rs 1,582, falling 3.3% from intra-day high after reporting 12% year-on-year (y-o-y) growth in net profit before exceptional items at Rs 759 crore for the fourth quarter ended March 2012. Turnover grew 11% at Rs

The company had posted net profit of Rs 1,400 crore in Q4, 2010-11, Bajaj Auto said in a statement.

Auto sector stocks are amongst the worst hit in trades thus far with the BSE Auto index slipping around 3.2 per cent, or 332 points, in noon deals.

The brokerage cites compelling valuations, weak rupee, and the launch of the Pulsar and Discovery motorcycles as key reasons for the upgrade.

After the initial success of the mini street motorcycle produced at Pune but sold in Europe, KTM Power Sports AG, one of Europe's largest bike producers, has charted a series of new product developments with its India partner, Bajaj Auto.

Bajaj Auto is trading lower by 4.3% at Rs 1,524, extending its previous 2% fall after reporting a single digit growth in vehcile sales on a  fourth straight month.

The second largest two-wheeler maker Bajaj Auto today reported just 4% rise in April sales to 381,590 units, as against 367,309 units a year ago.

Shares of automobiles companies are on a roll with the Bombay Stock Exchange (BSE) auto index hits lifetime high of 10,546 in early morning trades on expectations of interest rate cut.

The country's second largest two-wheeler maker Bajaj Auto (BAL) today reported 10% increase in motorcycle sales in March at 300,848 units, the highest ever for the month.

Bajaj Auto is trading lower by 2% at Rs 1,637 after the Sri Lankan government hiked import duty on vehicles to curb high import expenditure and the fuel bill.

Manufacturers of two and three-wheelers and commercial vehicles have wasted no time in passing on the excise duty increase to the market.

Renault-Nissan's plans for an ultra low cost car in partnership with Bajaj Auto remains uncertain as it is not rushing to source a mini four-wheeler from the Indian automaker saying it is yet to complete analysing the product.

Bajaj Auto is trading lower by 2% at Rs 1,744 after reporting a single digit 5% year-on-year rise in February vehicle sales at 343,777 units, its slowest sales growth in past few months.

Bajaj Auto, India's second-largest motorcycle maker, posted a 5% rise in February vehicle sales, in line with a demand recovery in the industry.

The country's second largest two-wheeler maker Bajaj Auto today said it is recalling "some" of its motorcycles to address the problem of faulty starter motor.

Bajaj Auto Limited, the country’s second-largest two-wheeler maker, is all set to power its newly-launched Duke 200 – a naked style street fighter motorcycle from its Austrian partner KTM’s stable – with the launch of KTM's