HomeNewsBusinessStocksBuy Hero Motocorp, Bajaj Auto: Sudip Bandopadhyay

Buy Hero Motocorp, Bajaj Auto: Sudip Bandopadhyay

Sudip Bandopadhyay, Market Expert advises buying Hero Motocorp and Bajaj Auto.

December 24, 2015 / 16:33 IST
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Sudip Bandopadhyay, Market Expert told CNBC-TV18, "We have been bullish on Hero Motocorp and Bajaj Auto for quite some time. Both looks good but for different reasons. The rural India pick up will help Hero Motocorp. They have been waiting for the rural demand to come back and unfortunately is not yet back in full swing but over the next few months we expect the rural demand to come back and that will help Hero Motocorp."He further added, "Bajaj Auto on the other hand has been performing exceedingly well on the export front and even the domestic demand is picking up for some of their models. So, we expect Bajaj to continue doing well. So, both these two wheeler companies we like.""Unfortunately TVS Motor is having a lot of problems due to Chennai floods and related issues. So, we will right now stay away from TVS but the other two wheeler companies are definite buys for long term investor with one year plus time horizon in mind," he said.

first published: Dec 24, 2015 04:33 pm

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