Bajaj Auto may test Rs 2200: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "In a year’s time Bajaj Auto should go and test its earlier highs of Rs 2,200. That is what the target should be, Rs 2,200 is a level that we should expect sometime during the next one year."

At 12:12 hrs Bajaj Auto was quoting at Rs 1,901.05, up Rs 5.65, or 0.30 percent. It has touched an intraday high of Rs 1,907.50 and an intraday low of Rs 1,894.

The share touched its 52-week high Rs 2,193.85 and 52-week low Rs 1,657.50 on 17 October, 2013 and 04 April, 2013, respectively. Currently, it is trading 13.35 percent below its 52-week high and 14.69 percent above its 52-week low. Market capitalisation stands at Rs 55,010.12 crore.