BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Long (1Y)
CLSA upgrades Bajaj Auto to outperform
CLSA has turned positive on Bajaj Auto after 3.5 years. Demand has improved substantially across most two-wheelers. Three-wheeler business outlook has also improved. Domestic two-wheeler business woes are bottoming out. Expect faster volume and earnings growth ahead.