06-01-2021 11:31 AM | Source: Angel Broking Ltd
Bajaj Auto - Auto sales number - May 21 - In-line with our estimates by Mr. Amarjeet Maurya, Angel Broking
Below are Views On Bajaj Auto - Auto sales number -May 21 - In-line with our estimates by Mr. Amarjeet Maurya - AVP - Mid Caps, Angel Broking Ltd
In the Month of May 21, Bajaj Auto Ltd reported auto sales number ~114% yoy growth to 2,71,862 units which came in-line with our estimates. The company has reported domestic growth ~52% (60,830 units). On the export front, the company reported strong growth of ~142% (2,11,032). Considering strong growth in domestic and export business, we are positive on stock with a buy rating.
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