Bajaj Auto share price gained 5% in the morning trades post Q3 results that were declared after the market hours on Tuesday: Should you Buy, Sell or Hold?

On a standalone basis, Bajaj Auto reported a 6 per cent YoY increase in revenue to Rs 12,807 crore, driven by strong exports, a solid domestic green energy portfolio, and record spare sales

Results: Sales in the domestic market declined 9 per cent year on year to ₹7,07,105 units as against 7,78,281 units in the year-ago period.

The auto major reported 8 percent on-year growth in both topline and bottomline, with net profit at Rs 2,196 crore, supported by robust exports, a strong domestic green energy portfolio, and record spares sales.

India's Bajaj Auto reported a smaller-than-expected third-quarter profit on Tuesday, hurt by lower domestic sales of its motorcycles and three-wheelers, while higher sales of its margin-diluting electric scooters also weighed.

Shares of Bajaj Auto jumped nearly 5% after a strong show in Q3. The automaker's standalone net profit grew 3% year-on-year (YoY) to Rs 2,109 crore while revenue from operations increased 6% to Rs 12,

The company said it sold a total of 12,24,472 units in the third quarter, a 2 per cent increase over 12,00,997 units in the same period of last fiscal.