Todays Market Nifty 8615.80 (+25.15) (+0.29%)

Sensex 28024.33 (+47.81) (+0.17%)

Bajaj Auto consolidated net profit rises 13.77% in the June 2016 quarter

Net profit of Bajaj Auto rose 13.77% to Rs 1039.70 crore in the quarter ended June 2016 as against Rs 913.86 crore during the previous quarter ended June 2015. Sales rose 2.78% to Rs 5643.61 crore in the quarter ended June 2016 as against Rs 5490.85 crore during the previous quarter ended June 2015.

Shriram Transport Finance gains after announcing good Q1 results

The result was announced during market hours today, 27 July 2016.

Meanwhile, the BSE Sensex was up 64.33 points, or 0.23% to 28,040.85.

On BSE, so far 1.15 lakh shares were traded in the counter, compared with an average volume of 35,000 shares in the past two weeks. The stock hit high of Rs 1,265.95 and low of Rs 1,205.

Shriram Transport Finance Companys net interest income rose 18.53% to Rs 1346.10 crore in Q1 June 2016 over Q1 June 2015. Total Assets under Management as on 30 June 2016 stands at Rs 74808.46 crore as compared to Rs 60531.72 as on 30 June 2015.

Shriram Transport Finance Company is the largest asset financing NBFC. The company is a leader in organized financing of pre-owned trucks with strategic presence in 5-12 year old trucks.