bajaj auto stock

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

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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

Bajaj Auto gets a sell rating post share buyback announcement

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Bajaj Auto gets a sell rating post share buyback announcement

Following the share buyback announcement, Bajaj Auto stock received a rating cut from Broking to ‘sell’ from ‘buy’. Foreign brokerage Citi, on the other hand, maintained its ‘sell’ rating on the stock. To be sure 30 of 46 analyst recommendations on the counter still have buy calls, with another 13 suggesting a hold on the … Read more