Meanwhile, the BSE Sensex was down 69.59 points, or 0.41%, to 17,158.09.

On BSE, 23,731 shares were traded in the counter as against an average daily volume of 46,182 shares in the past one quarter.

The stock hit a high of Rs 1685 and a low of Rs 1625.20 so far during the day. The stock had hit a record high of Rs 1712 on 3 December 2009. It hit a 52-week low of Rs 320 on 12 December 2008.

The large-cap stock had outperformed the market over the past one month till 8 December 2009, gaining 12.92% as compared to the Sensex's 6.62% rise. It had also outperformed the market in the past one quarter, rising 29.74% as compared to the Sensex's return of 6.85%.

The company's equity capital is Rs 144.68 crore. Face value per share is Rs 10.

The current price of Rs 1668 discounts the company's Q2 September 2009 annualized EPS of Rs 111.37, by a PE multiple of 14.98.

The brand new bike has been launched at a price of Rs 51,000 ex-showroom Delhi. Bajaj expects to sell a minimum 30,000 units per month of the new Pulsar model.

The automaker had recently refreshed the entire Pulsar lineup and expects total Pulsar sales to cross 80,000 units per month.

Bajaj Auto's total vehicle sales rose 73% to 276,759 units in November 2009 over November 2008. The company's motorcycles sales rose 84% to 242,390 units during the same period.

Bajaj Auto had last month signed a pact with France's Renault and Japan's Nissan Motor to make a low-cost car, which would be launched in 2012.

Bajaj Auto's net profit jumped 117.85% to Rs 402.83 crore on 15.4% increase in net sales to Rs 2793.22 crore in Q2 September 2009 over Q2 September 2008.

Bajaj Auto manufactures and distributes motorized two-wheeled and three-wheeled scooters, motorcycles and mopeds.

Promoters have pledged 10.93 lakh shares, or 0.76% equity of the company. The total promoter holding in the company is 49.62% (as on 30 September 2009).