2025-04-12 11:12:48 am | Source: Motilal Oswal Financial Services Ltd
Neutral Bajaj Auto Ltd For Target Rs. 7,990 by Motilal Oswal Financial Services Ltd
* Total volumes during the quarter grew ~3% YoY, supported by ~3% growth in 2Ws and 5% in 3Ws. However, the increase was entirely driven by exports, which rose 19% YoY, offsetting a 7% YoY decline in domestic demand.
* ASP is expected to grow 3% QoQ led by improved mix, favorable currency and price increases.
* We expect the impact of lower volumes (-10% QoQ) to be offset by improved mix (higher exports + higher Pulsar sales) and favorable currency QoQ. As a result, we expect margins to largely remain stable QoQ at ~20%.
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or
investment advice. Investments in financial markets are subject to market risks, and past performance is
not indicative of future results. Readers are strongly advised to consult a licensed financial expert or
advisor for tailored advice before making any investment decisions. The data and information presented
in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the
content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
From morning tea to dinner, GST benefits in everythi...
Gold surges over Rs 3,300 in this week, Silver cross...
Centre reopens application window for PLI scheme for...
Quote on CBIC clarifies GST treatment on post-sale d...
Quote on CPI data by Mahendra Patil, Founder and Man...
Market Commentary (closing) for 12th September 2025 ...
GST reforms have reduced tax burden on people: Nirma...
Quote on Weekly Market Outlook 12th September 2025 f...
Quote on Weekly Note Sep 13 by Mr. Ajit Mishra ? SVP...
Quote on FII 14.09.2025 by Dr. VK Vijayakumar, Chief...
