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The Economic Times

Debaroti Adhikary

Bajaj Auto shares crash 9%, M&M hits 52-week low after September auto sales data. What went wrong?

Bajaj Auto Mahindra Debaroti Adhikary MM SEBI

Shares of Bajaj Auto and Mahindra & Mahindra (M&M) crashed up to 9% on Thursday after the companies' September auto sales figures failed to meet expectations despite the low base effect.

Bajaj Auto shares declined nearly 9% to Rs 9,952 apiece on the NSE, hitting their lowest level in nearly three months. M&M shares, meanwhile, fell around 4% to Rs 2,843.70 apiece, touching a fresh 52-week low.

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