Bajaj Auto shares rally 4%, hit 52-week high on robust Q3 results

Bajaj Auto shares rally 4%, hit 52-week high on robust Q3 results

Bajaj Auto shares jumped nearly 4% to hit their 52-week high of Rs 7,499 on Thursday, notwithstanding scepticism expressed by a couple of top domestic brokerages following the auto major’s Q3 results.While Kotak Institutional Equities recommended a ‘Sell’ rating and slashed the target price, Nuvama stuck to its ‘Hold’ stance. JM Financial retained its buy … Read more

Bajaj Auto Q1 Results: Profit rises 11% YoY to Rs 1,173 crore, beats estimates

Bajaj Auto Q1 Results: Profit rises 11% YoY to Rs 1,173 crore, beats estimates

NEW DELHI: Bajaj Auto on Tuesday reported an 11 per cent year-on-year (YoY) rise in standalone net profit at Rs 1,173 crore for the June quarter compared with Rs 1,061 crore in the year-ago quarter. Revenues from operations rose 8 per cent YoY to Rs 8,005 crore for the June quarter compared with Rs 7,386 … Read more