BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Bank of America Merrill Lynch
|Target Hit|| Long (1Y)
Bank of America Merrill Lynch downgrades Bajaj Auto to neutral
Bajaj's model Discover has not met expectations so far. Three-wheelers facing delay in permits. Cut Bajaj's earnings per share by 4-7 per cent over the next two years. Target Rs 2100.