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
|Closed|| Long (1Y)
Bank of America Merrill Lynch upgrades Bajaj Auto to buy
Bank of America Merrill Lynch upgrades Bajaj Auto to buyThe brokerage has shifted preference to Bajaj Auto over Hero MotoCorp. BofA-ML believes motorcycle share is expected to reverse trend and margins to rise 110 basis points over next two fiscals for Bajaj Auto.