Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
2604.65
Change Change %
-61.85 -2.32%

Updated:21 Nov, 2018, 15:57 PM IST

BSE
2603.60
Change Change %
-60.50 -2.27%

Updated:21 Nov, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
UBS
N/A
26-11-2014 Sell 2601.55 2300.00
N/A
Target Hit Long (1Y)
26-11-2015

UBS Downgrades Bajaj Auto to Sell

After Nigeria devalued its currency, UBS sees downside risk to Bajaj Auto's export margins. Declining emerging market currencies to impact export margin, it said. Domestic two- wheeler revival may not add much to earnings, UBS said. The brokerage cut FY16E EBITDA margin by 150 basis points to 20.1 per cent


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