NEWS

Bajaj Auto bags order from Sri Lankan govt for 1.25 lakh bikes

Saturday, Dec 20, 2014

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:http://economictimes.indiatimes.com/