Indian motorcycle maker Bajaj Auto's shares dropped 8.6% on Thursday and looked set for their worst day since March 2020 after the company's weak outlook for overall motorcycle sales during the festive period.

Bajaj Auto shares plunge 10% after weak festive sales outlook Festive season motorcycle sales expected to grow by just 1%-2% Rival stocks like Hero MotoCorp, TVS Motor fall around 5% Shares of Bajaj Auto plunged 10% on Thursday morning,

Shares of Bajaj Auto traded among top losers in the Nifty 50 pack in early trade on Thursday, down by 9 per cent. Bajaj Auto reported a 31.4 per cent drop in consolidated net profit to ₹1,385 crore in the quarter ended September 30,

India's Bajaj Auto posted a 9.2% rise in second-quarter profit on Wednesday, helped by higher domestic sales of its motorcycles.

Bajaj Auto reported its results for the second quarter of FY25 on Wednesday after market close. What Happened: Bajaj Auto reported a standalone net profit of ₹2,005.04 crore, a 9.20% year on year increase from the previous year.

India's Bajaj Auto posted a 21% rise in second-quarter adjusted profit on Wednesday, helped by higher domestic sales of its motorcycles. The 'Pulsar' motorcycle maker reported a standalone adjusted profit of 22.

The company reported revenue from operations of Rs 13,127 crore, a 22% increase from Rs 10,777 crore in the same quarter last year. However, both PAT and revenue fell short of ET Now poll estimates, which projected Rs 2,