Bajaj Auto Ltd.

NSE: BAJAJ-AUTO | BSE: 532977 | ISIN: INE917I01010 | Industry: 2/3 Wheelers
| Expensive Rocket
9113.5000 -130.50 (-1.41%)
NSE Sep 11, 2025 15:31 PM
Volume: 472.9K
 

9113.50
-1.41%
ICICI Securities Limited
Dominant exports share hedge against domestic 2-W pain The domestic 2-W space has been bearing the brunt of the slowdown in discretionary consumption spending recently as illustrated by (i) decisive underperformance vis--vis PV category in Q3FY20 (14.9% YoY 2-W degrowth vs. 0.5% YoY PV de-growth), (ii) elevated dealer inventory (~35 days vs. ~25 days for PV as per FADA at end of December) (iii) and continuing soft retail demand. BS-VI products rolled out thus far by other OEMs are ~15% costlier than outgoing BS-IV versions. This fails to enthuse us about swiftness in recovery, going forward, save for some possible pre-buying...
Bajaj Auto Ltd. has gained 23.43% in the last 6 Months
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