Buy Bajaj Auto and Hero MotoCorp: Ajay Srivastava

In an interview to ET Now, Ajay Srivastava, MD, Dimensions Consulting gives his view on two-wheeler stocks.

Within the 2 wheeler space if someone has to pick and choose only one name which is better one, Bajaj Auto or Hero MotoCorp?

Fundamentally, Hero MotoCorp. The only reason we will say Bajaj Auto because the price to return ratio would be perhaps better in Bajaj Auto given the run up in Hero MotoCorp. Fundamentally Hero MotoCorp has a better story out there in the 2 wheeler space than Bajaj Auto at this point of time but because of the returns expectations from the price today, we would select Bajaj Auto.