Bajaj Auto Gets Both Rating, Target Price Upgrade From Nirmal Bang; Here's Why

Currently Bajaj Auto's stock is trading at a core PE of 23 times at FY27 numbers which Nirmal Bang believes is providing a good entry point given the favorable risk reward.

Nirmal Bang Institutional Research

07 Jan 2025, 10:26 AM IST i

<div class="paragraphs"><p>Bajaj Auto continues to see a strong trajectory in export markets like Mexico and LATAM where it is developing a new base. (Photo source: Bajaj Auto/Facebook)</p></div>

Bajaj Auto continues to see a strong trajectory in export markets like Mexico and LATAM where it is developing a new base. (Photo source: Bajaj Auto/Facebook)

With 25% market share, Bajaj Chetak secured poll position in the month of December 2024

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Bajaj Auto Gets Both Rating, Target Price Upgrade From Nirmal Bang; Here's Why

Currently Bajaj Auto's stock is trading at a core PE of 23 times at FY27 numbers which Nirmal Bang believes is providing a good entry point given the favorable risk reward.

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