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 maintains underperform on Bajaj Auto
Margins likely to weaken further. Domestic 2-wheeler and 3-wheeler franchise under pressure. FY15-16 earnings per share cut by 1 per cent and 3 per cent respectively. Target Rs 2000.