Shares of Bajaj Auto today hit a 2-week high on strong June sales. The stock jumped as much as 3.6 per cent to Rs 2,912, its highest since June 18.
Bajaj Auto has reported a 65 per cent jump in total sales at 4,04,429 units in June. The company had sold 2,44,878 units in the same month a year ago.
The stock was the top percentage gainer on the NSE index and the Nifty Auto index. The Nifty Auto index was up 0.23 per cent after positive auto sales data from Maruti Suzuki India, Tata Motors Ltd and Mahindra and Mahindra Ltd.
Up to Friday's close, Bajaj Auto shares had fallen 15.7 per cent this year.