Nov 20, 2013, 10.20 PM IST
In an exclusive interview with CNBC-TV18's Ronojoy Banerjee, KTM's CEO Stefan Pierer said that the company is also eying setting up new assembly lines in Columbia and Thailand as it seeks to hit total sales of 200,000 units globally in the coming three-four years
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Bajaj's KTM eyeing global market via India
In an exclusive interview with CNBC-TV18's Ronojoy Banerjee, KTM's CEO Stefan Pierer said that the company is also eying setting up new assembly lines in Columbia and Thailand as it seeks to hit total sales of 200,000 units globally in the coming three-four years
Like this story, share it with millions of investors on M3
Bajaj's KTM eyeing global market via India
In an exclusive interview with CNBC-TV18's Ronojoy Banerjee, KTM's CEO Stefan Pierer said that the company is also eying setting up new assembly lines in Columbia and Thailand as it seeks to hit total sales of 200,000 units globally in the coming three-four years
Pierer says there are two platforms. One is the smaller engine platform, 125cc upto 200cc and then it is the platform 250cc upto 390cc. "We have four different displacements. Based on those four different displacements naked bike already is there, it is the Duke, the second one is the RC family, it is the full faired and the third one is also in the pipeline it is the Enduro dual purpose," he adds.
Pierer also mentions that the KTM activities are all around the world. "We have one in Malaysia, Thailand is in the pipeline, Columbia. So, it is more than an exporting hub," he adds.
Bajaj Auto stock price
On November 20, 2013, Bajaj Auto closed at Rs 1975.30, down Rs 39.75, or 1.97 percent. The 52-week high of the share was Rs 2228.95 and the 52-week low was Rs 1657.50.
The company's trailing 12-month (TTM) EPS was at Rs 109.18 per share as per the quarter ended September 2013. The stock's price-to-earnings (P/E) ratio was 18.09. The latest book value of the company is Rs 273.08 per share. At current value, the price-to-book value of the company is 7.23.
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