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Bajaj Auto Bags Export Order for 1.25 Lakh Bikes

Date 20-December-2014
Subject Bajaj Auto Bags Export Order for 1.25 Lakh Bikes

New Delhi: Bajaj Auto today has bagged an order for 1.25 lakh units of Discover-125M motorcycles from Sri Lankan government.

The company through its distributor David Pieris Motor Company in Sri Lanka had secured, after a detailed evaluation process by the Government of Sri Lanka, an order from them for supply of around 50,000 units of Discover-125M motorcycles.

The company has already supplied 48,000 units successfully against this order, Bajaj Auto Ltd said in a filing to the BSE.

"The company has now secured a repeat order from them through the company's distributor in Sri Lanka for the supply of 1.25 lakh units of Discover-125M, which the company expects to execute in next 3-4 months," it added.

Discover-125M is priced up to Rs 50,530 (ex-showroom Delhi).

Bajaj Auto shares closed at Rs 2,466.30 apiece on the BSE, down 1.58 per cent from its previous close.

Source : profit.ndtv.com

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