RELIANCE 1,275.00 -3.40 (-0.27%) TCS 3,604.45 -47.20 (-1.29%) HDFCBANK 1,828.50 +3.25 (0.18%) HINDUNILVR 2,259.35 +22.60 (1.01%) INFY 1,570.40 -33.15 (-2.07%) HDFC 2,729.95 -17.05 (-0.62%) BHARTIARTL 1,730.95 +7.60 (0.44%) KOTAKBANK 2,171.30 +40.15 (1.88%) ICICIBANK 1,348.40 +11.65 (0.87%) ITC 409.80 +0.40 (0.10%) BAJFINANCE 8,948.75 -37.25 (-0.41%) MARUTI 11,521.45 -200.20 (-1.71%) HCLTECH 1,590.95 -35.85 (-2.20%) SBIN 771.60 -0.80 (-0.10%) NESTLEIND 2,251.05 +10.90 (0.49%) ASIANPAINT 2,337.70 -0.50 (-0.02%) WIPRO 262.10 -9.95 (-3.66%) DMART 4,078.15 +13.30 (0.33%) AXISBANK 1,101.90 +3.40 (0.31%) LT 3,491.00 -12.30 (-0.35%) HDFCLIFE 685.55 +3.40 (0.50%) SUNPHARMA 1,735.45 +4.25 (0.25%) ULTRACEMCO 11,504.50 -84.00 (-0.72%) ONGC 246.40 +4.20 (1.73%) BAJAJFINSV 2,005.95 +0.55 (0.03%) BPCL 278.45 +2.50 (0.91%) POWERGRID 290.45 -4.45 (-1.51%) TITAN 3,063.80 -21.85 (-0.71%) BRITANNIA 4,936.90 +98.75 (2.04%) NTPC 357.65 -3.15 (-0.87%)

Download Unicorn Signals App

By EquityPandit

Bajaj Auto to inject Rs.300 crore for new products, R&D

May 21, 2018

Bajaj Auto, plans to infuse up to Rs.300 crore this financial year for new launches, and research and development (R&D).

The company manufactures bike and three-wheelers under the brand Pulsar and RE respectively, and is planning to expand and strengthen the 150cc Pulsar segment in addition to pursuing new three wheeler markets within India.

Bajaj Auto’s President, Kevin D’Sa stated, “Keeping in mind the R&D expenses, balancing equipment and tooling there is a plan to have a capex of Rs.250-300 crore (for the year).

Read EquityPandit’s Technical Analysis of Nifty Auto

Latest
IPO

Weekly
Outlook

Stock

Market
Prediction