Auto stocks outshine in weak market; Nifty Auto up 1%, Bajaj Auto, M&M 2%

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Auto stocks outshine in weak market; Nifty Auto up 1%, Bajaj Auto, M&M 2% - Business Standard

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March Auto Sale 2025: Royal Enfield recorded one million annual sales in the financial year ending March 31, 2025 (FY25), the highest-ever in the company's history.

In a stock exchange filing, Bajaj Auto informed investors that Bajaj Auto International Holdings BV (BAIH BV), a wholly owned subsidiary of Bajaj Auto, has subscribed to Convertible Bonds worth 50 million euros (around ₹461.6 crore) issued by Pierer Bajaj AG (PBAG). The conversion assumed 1 Euro to be equal to ₹92.32."BAIH BV has subscribed to Convertible Bonds to facilitate the funding needs of PMA'’s subsidiary, viz.

Domestic tractor sales stood at 10,775 tractors in the previous month, up 15.2 per cent as against 9,355 tractors sold in March 2024.