Shares of Bajaj Auto have declined by 4% to Rs514 after the company’s total two wheelers sales dropped by 17% to 132,393 units compared to 159,508 units from February 2008.

Three wheelers sales were down by 12% to 21,389 units in Feb 09 from 24,299 units in same period last year. Total two and three wheelers sales were down by 16% to 153,782 units in Feb 09 from 183,807 units in Feb 08.

The scrip has touched an intra-day high of Rs535 and a low of Rs510 and has recorded volumes of over 61,000 shares on NSE.