Bajaj Auto shares tumble over 8% after Q2 disappoints D-St. Should you buy or sell?

  • Posted on October 17, 2024
  • By Business News Today
  • 2 Views
Bajaj Auto shares tumble over 8% after Q2 disappoints D-St. Should you buy or sell?

Shares of Bajaj Auto dropped 8.5% after the company reported Q2 FY25 earnings below expectations. The net profit rose by 9% to Rs 2,005 crore. Analysts gave mixed reactions, with ratings ranging from buy to sell, citing factors like gross margins, festive demand, and export recovery. The companys future prospects in electric and CNG vehicles look positive.
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