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Demonetization effect, Bajaj Auto Sales drop by 22% in December 2016

In a stock exchange filing, Indian Two-wheeler and commercial vehicle manufacturer, Bajaj Auto Ltd informed that its sales were dropped by 22% YoY to 225,529 unit compared to 269,003 units in December 2015. Its two-wheeler domestic sales were down 11% while commercial vehicle sales were down by 46%. Its overall expor....

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