In a chat with CNBC-TV18's Reema Tendulkar and Latha Venkatesh, Vaishali Jajoo of Angel Broking gives her view on the auto sales figures and the sector overall. She has a call on Bajaj Auto at 8-10% lower than the current price.
"We have been saying buy for Tata Motors, but the price has gone up substantially and in recent month also so maybe 5-6% lower from the current levels," she added. Below is a verbatim transcript of the interview. Also watch the accompanying video. Q: Bajaj Auto stock has lost about 3.5% and there has been a significant decline on a month on month basis. How do you view Bajaj Auto from now and is that a trend which will continue even on to Q4? A: The overall December number for Bajaj Auto usually comes lower than the November or past two months. So usually, itDiscover 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!
