Sharekhan's research report on Bajaj Auto
Store addition for Triumph would continue as it is aiming for 100 stores in near term. It would continue to focus on high-margin trajectory on its premiumization play. Stock trades at P/E multiple of 19.8x and EV/EBITDA multiple of 14.2x its FY26 E estimates.
Outlook
We reiterate a Buy rating on Bajaj Auto with a revised PT of Rs. 7,567 on its superior profitability, play on premiumisation, and expectation of a gradual recovery in exports.
For all recommendations report, click here
Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
Discover 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!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
