February 8, 2025
Home » Neutral on Bajaj Auto, target price Rs 8,770: Motilal Oswal Financial Services Jobbery Stock Market update New
Neutral on Bajaj Auto, target price Rs 8,770:  Motilal Oswal Financial Services

Motilal Oswal Financial Services maintains a Neutral rating on Bajaj Auto with a target price of Rs 8,770. Bajaj Auto faces market share losses in the domestic motorcycle segment and uncertain future exports outlook. Despite a recent price correction, the stock appears fairly valued at current EPS projections. The company’s net profit for the latest quarter stands at Rs 2195.

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