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
Indian equities deliver 14 pc CAGR in 20 years, inve...
Low inflation to give RBI space to cut rates by 50 b...
Rupee weakens against US dollar on Monday
Shilpa Shetty teaches a Yoga practice to attain calm...
Jenna Ortega lights up the Emmy 2025 stage in a shee...
The Science of Saving: Behavioral Hacks to Grow Your...
Retail & Dispatch Sales Pulse: August 2025 by Choice...
Nagaland Fashion: A Vibrant Blend of Tradition and M...
Titagarh Rail Systems gains on launching third built...
Greaves Cotton rises on approving further investment...
