Deutsche Bank raised Bajaj Auto to "buy" from "hold" on Thursday, citing good quarterly results, positive margin outlook and attractive valuation.
On Wednesday, the country's second-largest two-wheeler maker, met estimates with a 40% jump in third-quarter profit, and said it expects a rise in vehicle sales next year. At 11:03 am (0533 GMT), shares in Bajaj Auto were trading 1.3%Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
