Bajaj Corp's revenue grew by 1.8% yoy to Rs2bn, while net profit rose by 10.1% to Rs522mn and EBITDA stood at Rs709mn in 1QFY17. Overall volume growth stood at 0.8%, while flagship Almond Drops Hair Oil (ADHO) witnessed 2.2% volume growth during the quarter. We expect Bajaj Corp to report 15% CAGR in revenues and 24.9% CAGR in earnings through FY16-18E and maintain our BUY...