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Bajaj Auto rallies over 4%: Brokerages raise target on 17% export growth outlook

in5points
  1. Bajaj Auto share price rose over 4% to a 52-week high.

  2. Nuvama and Motilal Oswal raised target prices on Bajaj Auto due to 17% export growth outlook.

  3. JM Financial flagged domestic weakness as a concern.

  4. Exports growth outlook of 17% was the key driver for the positive brokerage actions.

Story angle

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Mostly straight facts, with a light government- or market-friendly tilt.

About how the story is framed, not whether the facts are true.

Financial Express

Center-right

Mixed factuality

Who owns this?

Viveck Goenka

Indian Express Group

Viveck Goenka

Wikipedia: Viveck Goenka