Bajaj Auto shares up by almost 2% as lower GST rates come into effect

Shares of Bajaj Auto are among top gainers at Nifty 50 today. At 10:45 a.m. IST, 22^nd September, the stock of Bajaj Auto is up by 1.99%, trading at Rs 9,150. At this time, Nifty 50 index is down by 0.068%. In the past 5 days, Bajaj Auto shares have gained 1.07%. In the past 1 month, its shares have gained 5.32%. Year-to-date (YTD) in 2025, the stock has gained 4.59%. In the same period, Nifty 50 index has gained 6.61%. The stock has underperformed the Nifty 50 index by more than 2% YTD in 2025.

New GST rates come into effect from today

Bajaj Auto’s shares started gaining after lower GST rates were announced by the government. These lower GST rates will come into effect from today. GST on two wheelers has been reduced from 28% to 18% under the new GST rates. For bikes up to 350 cc, GST has been reduced to 18% from 28%. The prices of Bajaj Auto’s two wheeler products will go down due to this rate cut. The prices of its Pulsar range will go down by almost 10%. Pulsar range is currently the highest selling product of the company.

Bajaj Auto reduces prices of two wheelers by as much as Rs 20,000 from today

Lower prices due to lower GST are expected to increase demand for the two wheeler products of the company. This in turn may have a positive impact on its revenues and profits. The company has said that it will fully pass on the GST rate cut benefit to customers, in the form of lower prices.

The company has announced that from today, the prices of its two wheelers will be reduced by as much as Rs 20,000. The prices of its three wheeler products will be reduced by as much as 24,000. GST on three wheelers has also been reduced to 18% under the new GST rates.

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Source: NSE