Antique Stock Broking bullish on Bajaj Auto, Tata Motors

Anish Jhaveri, Group CEO, Antique Stock Broking is bullish on Bajaj Auto, Hero Honda, Tata Motors and Eicher Motors.

Jhaveri told CNBC-TV18, "The consumption story is very clear the winner. So whether it is the autos or the FMCG sector companies I think those would be forming the core of the portfolio. So in two wheelers we like Bajaj Auto or Hero Honda, we like Tata Motors, we like Eicher Motors so these are the kind of consumption stories, which we are very bullish on." Bajaj Auto trailing 12-month (TTM) EPS was at Rs 85.29 per share. (Dec, 2010). The stock's price-to-earnings (P/E) ratio was 15.95. The latest book value of the company is Rs 101.20 per share. At current value, the price-to-book value of the company was 13.44. The dividend yield of the company was 2.94%.