Bajaj Auto to be better bet: Vivek Mavani
"...Bajaj Auto to be better bet at current levels because the same factors which helped Hero are obviously going to be helping Bajaj Auto."
What is the call on Bajaj Auto?
I would sense that Bajaj Auto to be better bet at current levels because the same factors which helped Hero are obviously going to be helping Bajaj Auto. On robust volumes, price increases and softening commodity prices helping improve margins.
On the sustainability and the stability of the growth story, Bajaj Auto definitely we have much greater comfort both personally as well as for Brics as a house. Our institutional equities has that is the disclosure has a buy recommendation on Bajaj Auto. So, our preferred bet in this space is Bajaj Auto.
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