Fall of Bajaj Sales - Growth of SBI and DLF

A major company in two-wheeler industry, Bajaj auto reported a fall of 26.27% in motorcycle sales at 1,49,733 units in April as against 2,03,081 units of last month. It is the fall of 26.32% with the sales of 1,50,252 units during the month. In the last year the company has sold 2,03,930 units of two-wheelers. Exports of BAL’s also have fallen in this year about 29.52% at 51,887 units in April as against 73,624 units of last year.

In the total number of sales about 23.77% has fallen at 1,69,119 units in compare of 2,21,843 units a year ago. We know, Bajaj has offered many stylish motorcycles in competition of Hero Honda and other major company. Specially, in India its sales was up during the last year and profit maximization was much high as compared others.

On the other hand country’s largest leading bank, State Bank of India reduced deposit rates by 0.25% on all tenures which will effect from May 4. In a statement SBI announced that for one year or less than two-year deposits now rate will be 7.5% as against 7.75%.

Similarly, deposits rates for more than 2 years and less than 1,000 days maturity will be about 7.75% as against 8%. SBI has also cut rates for 1,001 days to less than three years deposits about 7.75% as compared 8%.

In the series there is very hot news related to DLF. In the real estate the largest player DLF announced that it has bought back over 76.38 lakh equity shares worth Rs 140.69 crore.

It is the analysis of market which shows slow down in the banking, investment and sales. Respectively, in the real estate market DLF is on the top still. It has bought a large number of shares while SBI has reduced deposit rates. In the auto market, Bajaj is going down in the two-wheelers.

Gian Brett is an expert writer of various subjects. He has written many articles on SBI Credit Cards and Cheaper Home Loans also.