Currently Javascript deactivated in your browser.
Search

Bajaj Auto

By Sudarshan Sukhani 

Sunday, March 3, 2013
     

Sudarshan Sukhani is bullish on Bajaj Auto and has recommended buy rating on the stock with a target price of 1,973.85

Bajaj Auto is a manufacturer of scooters, motorcycles and three-wheeler vehicles and spare parts thereof. The Company operates in two segments: Automotive and Investments. During the fiscal year ended March 31, 2012, the Company sold 4.35 million units, consisting of over 3.83 million motorcycles and more than 515,000 three-wheelers. The Company’s two wheeler brands include Pulsar, Avenger, Discover, Platina and Ninja. Its commercial vehicles range include goods carriers, such as GC Max Diesel, GC Max CNG, RE600, and passenger carriers, such as RE 2S, RE 2S CNG, RE 2S LPG, RE 4S and RE 4S CNG. Bajaj Auto's has in all three plants, two at Waluj and Chakan in Maharashtra and one plant at Pantnagar in Uttarakhand. Its subsidiaries include Bajaj Auto Indonesia and Bajaj Auto International Holdings.

Currently, Bajaj Auto is being traded at 1,974.00. Its 52 week high is 2,229.00 and 52 week low has been 1,425.10. Its Average Trading Volume is 425,357.