ADVERTISEMENT
'Hold' Bajaj Auto Shares Says Nirmal Bang, Sees Current Valuations Limits Upside
Nirmal Bang believes Bajaj Auto's current valuation of 23x FY27E limits the upside hence gives a Hold rating to the stock.
25 Aug 2025, 09:25 AM IST 
Save
Bajaj Auto expects the upcoming festive season to be strong and projects industry growth of 5-7% in FY26 despite last year’s high base.
(Photographer: Vijay Sartape / Source: NDTV Profit)
Bajaj expects the upcoming festive season to be strong and projects industry growth of 5-7% in FY26 despite last year’s high base. Urban markets and large rural towns are performing well, while very small rural towns remain under pressure.
