Indian multinational two-wheeler and three-wheeler manufacturing company, Bajaj Auto has become the most valuable two-wheeler company in the world, after it crossed a market capitalization of more than Rs. 1 lakh crore, on January 01, 2021.
Bajaj’s share price on NSE closed at Rs. 3,479 per share on the first day of 2021, leading to a market capitalization of more than Rs 1,00,670.76 crore. Thus, Bajaj Auto is not only the most valued company in the two-wheeler segment but also the first-ever two-wheeler company in the world to have reached this market cap milestone.
Important takeaways for all competitive exams:
- Headquarter of Bajaj Auto: Pune, Maharashtra.
- Managing Director of Bajaj Auto: Rajiv Bajaj.