BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Kotak downgrades Bajaj Auto to reduce
Kotak has downgraded Bajaj Auto to "reduce" from "buy" earlier with a target price at Rs 2,850. Export volumes unlikely to revive soon. We have cut EBITDA estimates marginally.