BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
CLSA downgrades Bajaj Auto to underperform
CLSA says the stock is fully valued at current level. It has cut two-wheeler industry growth forecasts. Two-wheeler exports and three-wheeler growth of the company to moderate in FY16 due to high base in FY15, adds CLSA.