Users of crude derivatives (tyre makers) would face a double whammy - of higher crude price and a weak rupee.
In terms of mechanicals, the Dominar will receive the same engine as the before albeit probably refined for BSVI norms.
The commercial vehicle segment continues to remain strong on the back of factors like normal monsoon, improved rural sentiments and investment in infrastructure
Under the Merchandise Exports from India Scheme (MEIS), the government provides duty benefits at different rates depending on product and country.
The company claims to have posted its highest ever monthly sales. Domestic sales grew 27 percent at 2.55 lakh units
The contribution is in addition to the Rs 50 lakh already contributed by various Bajaj Trusts, it added.
The revival of the rural economy and expectations of normal monsoon continue to make the outlook positive for the tractor segment.
Rajiv Bajaj, Managing Director at Bajaj Auto, feels August performance should be similar to July or could be tad better than June as the festival season kick-starts
Rajiv Bajaj has an audacious plan: to make Bajaj Auto's Chakan plant the world's hub for manufacturing premium motorcycles.
Centrum is bullish on Bajaj Auto has recommended buy rating on the stock with a target price of Rs 3188 in its research report dated July 23, 2018.
While the company reported a significant increase in volume and revenue, operating margin was marred by an adverse product mix and price cut undertaken by the management in the entry level motorcycle segment
Brokerage houses turned cautious on 2-wheeler space and feel the competition is likely to intensify and the decision could lead to a price war in the mass market 2-wheeler.
Some brokerages downgraded Bajaj Auto while others slashed their target prices due to likely margin pressure going forward.
The company's CT 100 model sold over 1.9 lakh units during, a growth of 76 percent over the year-ago period.
Net Sales are expected to increase by 43.7 percent Y-o-Y (up 15.5 percent Q-o-Q) to Rs. 7,821.5 crore, according to Kotak.
The two-wheeler major said its exports during the month went by up 44 percent to 1,69,853 units from 1,17,903 units in the year-ago period.
Bajaj Auto total sales grew by 65 percent over 2.45 lakh units sold in same month last year.
Bajaj Auto reported highest-ever 3-wheeler sales that increased sharply by 66 percent to 66,677 units YoY in June 2018.
The veteran industrialist also said the country is facing insufficient investments and the current share of gross fixed capital formation to GDP is not enough to support steady-state growth of 7.5 percent to 8 percent.
Bajaj Auto looks relatively better amongst 2-wheelers, the global brokerage firm feels.
With monsoon set to arrive on time, the coming week will be extremely important for investors and the market alike.
Bajaj Auto said motorcycle sales increased 24 percent to 3.42 lakh units, while 3-wheeler sales shot up 76 percent to 64,449 units and 3-wheeler exports grew by 69 percent to 32,367 units.
ICICI Direct recommended hold rating on Bajaj Auto with a target price of Rs 2900 in its research report dated May 22, 2018.
JM Financial is bullish on Bajaj Auto has recommended buy rating on the stock with a target price of Rs 3450 in its research report dated May 21, 2018.
Prakash Gaba of prakashgaba.com recommends buying Dabur India with target at Rs 385 and stop loss at Rs 374, Exide Industries with target at Rs 266 and stop loss at Rs 252 and a buy also in Hindalco Industries with target at Rs 255 and stop loss at Rs 237.