The Indian stock market is currently trading in the red. The Nifty is down 0.13% at 24,650, and the Sensex is down 0.08% at 330 points. All the sectoral indices are trading in the red, with FMCG, IT, and realty being the major drags. Axis Bank, Bharti Airtel, ITC, ONGC, […]
Bajaj Auto
Bajaj Auto’s stock fell 8% following disappointing Q2 earnings, driven by weak sales in its key three-wheeler segment and rising input costs. The company also cut its guidance for the upcoming quarters, raising concerns among investors. Brokerages remain cautious, predicting a further drop in profits due to the impact of […]
Profit growth: Net profit is expected to show a significant increase, with estimates ranging from 17% to 19% YoY . Margin improvement: Potentially lower input costs could lead to an expansion of EBITDA margins by 90-100 bps YoY . Bajaj Auto’s stock price has been on a positive trend in […]