28-Oct-2026 08:53:51
BAJAJ-AUTOGeneral news
GOLDMAN SACHS ON BAJAJ AUTO ; BUY | TP ₹12,900 (EARLIER ₹12,000)
• Goldman Sachs raises Bajaj Auto's target price to ₹12,900 from ₹12,000, maintaining BUY rating. • Q2 earnings beat estimates, supported by an improving revenue mix. • Two new model launches expected to support future growth. • Goldman Sachs raises EPS estimates following stronger-than-expected Q2 performance. • Higher contribution from profitable non-vehicle revenue expected to support earnings growth. • Improving export mix and better revenue flow-through likely to boost profitability.
BAJAJ AUTO LIMITED