Shares of Bajaj Auto are likely to open higher on October 17 after company declared its September quarter earnings last week. Bajaj Auto Limited (BAL) on Friday reported a standalone net profit of Rs 1,530.00 crore for Q2FY23, up 20 percent from Rs 1,274.55 crore reported in the same quarter last year. On a quarter-on-quarter (QoQ) basis, it rose 30 percent from 1,173.30 crore in the Q1FY23. The company's revenue from operations stood at Rs 10,202.77 crore, which was a 16 percent increase from Rs 8,762.18 crore logged in the corresponding quarter of the previous fiscal, the company said in an exchange filing.