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Stock Of The Day: Bearish Pressures Mount On Bajaj Auto Even As EV Market Share Peaks
Bajaj Auto has the highest market share at 25% and is now a clear leader, as per the latest retail sales data.
01 Jan 2025, 11:18 AM IST 
Bajaj Auto's shares fell as much as 2.8% during the day. (Photo source: Bajaj Auto/Facebook)
Shares of Bajaj Auto Ltd. continued to come under bearish pressure even as the automaker topped the electric vehicle market share amid a surge in sales in the third quarter. The stock has fallen over 30% into the so-called 'bearish territory' since hitting a life-high in September. The stock is currently testing the immediate support of the Rs 8,745-level, and a close below that could trigger further downside below the psychologicall...
