Vijay Chopra of enochventures.com told CNBC-TV18, "My sense is that there could be some kind of a correction going forward. Best time to buy Bajaj Auto maybe between the range of Rs 2,500 and 2,600. That is the place where I think that it has a good value."
He further added, "If you look at the two wheeler players, there are hardly any. The top ones are Bajaj Auto and Hero Motocorp. Post the good monsoon, generally we see as the festive season starts, there is a decent pickup in the sales numbers. So, my sense is that another quarter down the line the numbers are going to considerably improve and the sales is going to pickup because this year as we are seeing that the monsoon is also progressing nicely and I am sure that there would be good news down the line for Hero Motocorp. So wait for a correction, and if you get the stock, it is a good stock to have. You can keep on having the stock in your portfolio for a long time," he added.
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