Bajaj Auto Ltd.

NSE: BAJAJ-AUTO | BSE: 532977 | ISIN: INE917I01010 | Industry: 2/3 Wheelers
| Expensive Performer
8096.0000 62.00 (0.77%)
NSE Apr 28, 2025 15:31 PM
Volume: 282.5K
 

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Bajaj Auto Ltd.
28 Jan 2025, 12:00AM
8096.00
0.77%
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 its 100 day SMA of 8407.2
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