Categories: Business

Bajaj Auto becomes world’s most valuable two-wheeler company

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.

Boost your Banking Awareness Knowledge with Adda247 Live Batch: TARGET GA BATCH | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams

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.

Find More Business News Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

India Targets Cocoa Production Boost with Long-Term Strategy for Self-Reliance by 2040

India is preparing to the long-term strategy to achieve the self-sufficiency in the cocoa production…

1 hour ago

ITC Achieves Global Farm Sustainability Assessment (FSA) 3.0 Certification in Major Agri Milestone

ITC Limited has become the first company in India to receive the globally recognized Farm…

1 hour ago

Who is known as the “Mozart of Madras?

Nicknames often reflect a person's talent and personality in a special way. In the world…

2 hours ago

Infosys Partners with Carlos Alcaraz to Power AI-Driven Sports Performance Solutions

Infosys has signed the multi year partnership with Carlos Alcaraz and appointed him as the…

2 hours ago

HAL and GE Aerospace Sign Key Deal to Co-Develop Advanced Jet Engines for India

To strengthening the defense capabilities of India Hindustan Aeronautics Limited (HAL) and GE Aerospace signed…

2 hours ago

Tata Semiconductor Manufacturing Gets Special Economic Zone Nod in Dholera

To become the global semiconductor hub India have taken the strategic step. As the government…

2 hours ago