Recent quarter earnings reports are causing major fluctuations in the stock market, with some companies experiencing sharp increases and others facing significant drops. TCS, the IT giant, saw its shares plummet by 2% after a disappointing Q2 earnings announcement, while Bajaj Auto announced a hike in deferred tax provision leading to their stock taking a hit. In contrast, HCL Tech and Infosys, leading IT companies, saw their stocks soar after strong earnings. Other companies, such as Bajaj Finserv, Asian Paints, and Bajaj Housing Finance, also experienced dips after reporting their earnings. Even the auto sector was not immune, with Maruti and Bandhan Bank experiencing both surges and drops respectively in their stock prices following their earnings announcements.
Bajaj has introduced the Bajaj Freedom 125 CNG bike, which boasts of not only its impressive mileage but also its strong safety features. The CNG tank is specially designed and certified to meet government safety standards and has undergone rigorous testing, including frontal, side, and rear impact tests. Despite being hit by a 1.5-ton load and run over by a 10-ton truck, the CNG tank remains intact with no leaks, dispelling any doubts about the safety of CNG bikes. Bookings are now open for select states, with a pan-India rollout planned in the coming years.
Bajaj Auto, one of the leading two-wheeler manufacturers, has launched the world's first CNG motorcycle, the Freedom 125. With an ex-showroom price starting at Rs 95,000, the bike offers the ability to toggle between petrol and Compressed Natural Gas powertrains. According to the company, the bike has a range of 330 km and can run 200 km on one full tank of CNG. The launch was attended by Rajiv Bajaj, MD of Bajaj Auto, and Nitin Gadkari, Union Minister for Road Transport & Highways. This launch is expected to provide riders with a 50% reduction in operational costs.
In a significant development in the automotive industry, Bajaj Auto has unveiled the world's first motorcycle that runs on both CNG and petrol. The innovative two-wheeler, named 'Freedom 125', was launched by Managing Director Rajiv Bajaj, in the presence of Union Minister Nitin Gadkari in Pune. With a promise of cost-effective and eco-friendly transportation, this bike is set to revolutionize the market and pave the way for a greener future.
Bajaj Auto has taken a major step towards sustainable transportation by launching the world's first CNG motorcycle - Bajaj Freedom. The event was graced by Union Minister Nitin Gadkari, who lauded the company's efforts in promoting eco-friendly mobility. The motorcycle, with its innovative design and features, promises significant fuel cost savings for users and boasts a range of over 200 km on just 2 kg of CNG fuel.
Indian automobile giant, Bajaj Auto, has introduced the first-of-its-kind CNG-powered motorbike, Freedom 125, globally. With the flexibility to switch between petrol and CNG at the push of a button, this bike offers a potential solution for reducing fuel costs and emissions for Indian two-wheeler owners. The bike has undergone extensive safety tests, including a 'truck rollover test' and has been endorsed by Union Minister Nitin Gadkari for its contribution towards reducing India's crude oil import bill and promoting alternative fuels.
Bajaj Auto, India's top two-wheeler manufacturer, is all set to launch its highly-anticipated dual-fuel motorcycle, named the Freedom 125. The bike, which runs on both CNG and petrol, is expected to cut running costs by half, making it a cost-effective option in the 100cc-125cc segment. The automaker plans to offer two variants - a regular model and a premium model, with the latter featuring additional features and color options. With an aim to target customers with a monthly income of Rs 30,000-35,000, Bajaj Auto is likely to price the bike competitively while equipping it with a range of features.
Minister of Road Transport and Highways, Nitin Gadkari will unveil India's first ever CNG bike at tomorrow's launch event. With its factory-fitted dual fuel option and lower running costs, the Bajaj CNG bike is expected to make a significant impact on the two-wheeler market. Despite the lower energy density of CNG, the bike is projected to have comparable performance and an impressive mileage range of 70-90 km/L. Built with a mix of design elements and components from different bike styles, the Bajaj CNG bike will have a premium and distinctive appearance. It is expected to be priced within the range of Rs 80k-90k and with the potential for large-scale adoption, it could contribute to reducing India's energy imports.
Despite a volatile session, the S&P BSE Sensex settled higher by 253 points at 73,917 levels, while the Nifty50 closed at 22,466 with a 0.28 per cent gain. Top gainers on the Sensex were M&M, JSW Steel, Ultratech Cement, Kotak Bank, ITC, Maruti Suzuki, NTPC, and Tata Motors, while TCS, HUL, HCL Tech, Nestle India, Wipro, Bajaj Finserv, and Infosys were among the top losers. BSE MidCap and SmallCap indices both closed over 1 per cent higher, while Nifty Auto and Nifty Realty indices also recorded gains. Nifty IT index, however, fell by 0.8 per cent. According to Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, the equity markets may continue to remain range-bound for the near future.
Bajaj Auto has launched the highly anticipated Pulsar NS400Z, setting a new standard of power and innovation in the Indian market. Priced at Rs 1.85 lakh, the bike boasts a sporty design, advanced digital instrument console, and smart features like Bluetooth connectivity and four riding modes. Powered by the same engine as the Dominar 400, the NS400Z offers a thrilling performance with 39.4 BHP and 35 Nm of torque. With cutting-edge technology and superior riding dynamics, the Pulsar NS400Z aims to revolutionize the rider experience in India. Stay updated on all the latest developments through various social media platforms.