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Centrum remains positive on Bajaj Auto post results

In an interview to CNBC-TV18 Sethia said, the company has performed operationally well and he is positive on the stock.

January 19, 2012 / 14:59 IST
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Two-wheeler maker Bajaj Auto's net profit for October-December quarter was up 19% year-on-year at Rs 795.19 crore.

It reported loss of Rs 59 crore on foreign exchange hedging in the third quarter. Ajay Sethia of Centrum feels this loss is notional and one should not be worried about it. In an interview to CNBC-TV18 Sethia said, the company has performed operationally well and he is positive on the stock.

Below is the edited transcript of Sethia

first published: Jan 19, 2012 02:28 pm

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