INSUBCONTINENT EXCLUSIVE:
Shares of Bajaj Auto were trading lower in morning trade on Wednesday ahead of its financial results for the quarter ended September
2019.
The scrip was down 0.66 per cent at Rs 3,102.80 at around 10 am (IST), while the benchmark BSE Sensex was trading almost flat at
38,938 at around the same time.
Brokerage firm Prabhudas Lilladher foresees 9.50 per cent year-on-year (YoY) fall in net profit on 8.50 per
however, the volume mix has been favourable with higher share of exports and 3Ws
Edelweiss Securities showed 2.50 per cent YoY rise in net profit for Bajaj Auto on 8.10 per cent dip in revenues