Ambrish Mishra positive on Bajaj Auto

Ambrish Mishra

of JM Financial told CNBC-TV18, "Within two-wheelers space we still remain very positive on Bajaj Auto simply because of the kind of business model that they have built over the years and that is probably one of the reasons why one would see that in terms of profitability they still remain one of the most profitable two-wheeler players in the country."

"If one has to really approach somebody as niche as Eicher Motors I think we would put our neck out and say that Eicher remains one of our top picks given the kind of outperformance they have reported over the last several quarters," he said.