7306.8000 -378.30 (-4.92%)
NSE Apr 07, 2025 15:31 PM
Volume: 469.6K
 

7306.80
-4.92%
Anand Rathi
Broadly in line with our estimate, Bajaj Auto’s Q3 standalone EBITDA grew 6% y/y to Rs25.8bn. Our positive stance on the company is backed by 1) expectations of cyclical upturns in 2Ws (domestic/ exports); 2) its vigorous EV strategy and 3) margin expansion from rising economies of scale and cost-cutting measures.
Bajaj Auto Ltd. is trading below all available SMAs
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