Milestone for Bajaj Auto M-Cap on Crossing 1 Lakh Crore

Bajaj Auto First Two-wheeler company Globally to cross M-Cap of Rs1 lakh Cr … i.e. around USD 13.6 billion). Bajaj Auto Limited is an Indian multinational two-wheeler and three-wheeler manufacturing company based in Pune, Maharashtra. It manufactures motorcycles, scooters, and auto rickshaws. Bajaj Auto is a part of the Bajaj Group. It was founded by Jamnalal Bajaj in Rajasthan in the 1940s

This market valuation is considerably higher than all other domestic two-wheeler companies. As per analysts, a market capitalisation of over Rs 1-lakh crore has not been achieved before by any international two-wheeler company anywhere in the world, it added. The company's share closed at Rs 3,479 on NSE on Friday, giving it a market capitalisation Rs 1,00,670.76 crore.

It is a proud moment for India and for Bajaj Auto and we congratulate them for this achievement.

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