Buy Bajaj Auto, target Rs 3,378.80: ICICI Direct

Buy Bajaj Auto at a price target of Rs 3,378.80 and a stop loss at Rs 3,278.50 from entry point.

ICICI Direct has a buy call on Bajaj Auto with a target price of Rs 3,378.80.

The current market price of Bajaj Auto is Rs 3,335.

Time period given by the analyst is intraday when Bajaj Auto price can reach defined target.

ICICI Direct recommended to keep a stop loss at Rs 3,278.50.

Bajaj Auto, incorporated in the year 2007, is a Large Cap company (having a market cap of Rs 95,287.11 Crore) operating in Auto sector.

The company’s top management includes Dr.Gita Piramal, Dr.Naushad Forbes, Dr.Omkar Goswami, Mr.Anami Roy, Mr.D J Balaji Rao, Mr.D S Mehta, Mr.Madhur Bajaj, Mr.Manish Kejriwal, Mr.Nanoo Pamnani, Mr.Niraj Bajaj, Mr.P Murari, Mr.Pradeep Shrivastava, Mr.Rahul Bajaj, Mr.Rajiv Bajaj, Mr.Sanjiv Bajaj, Mr.Shekhar Bajaj.
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Company has SRBC & Co LLP as its auditors.

As on 30-09-2017, the company has a total of 289,367,020 shares outstanding.
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