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Bajaj Auto becomes world’s most valuable two-wheeler company
PTI
Mumbai:  Pune-based Bajaj Auto Friday said it has become the first two-wheeler company globally to cross a market capitalisation of Rs 1-lakh crore (around USD 13.6 billion).
This market valuation is considerably higher than all other domestic two-wheeler companies, Bajaj Auto said in a statement.
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.
Bajaj Auto has achieved this milestone as it celebrates the 75th year of its operations, it said. ....

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