New Delhi:- Talking about today’s trading session, there is a slight increase in Bajaj Auto. Bajaj Auto, a powerful company in the auto sector, was recently about to announce a stock buyback, but due to some reasons the company did not announce thee buyback.
Now after this, different brokerage companies have released their latest reports on this stock. Talking about today’s trading session, there is a slight increase in Bajaj Auto.
However, the company released information about the shareholders and told that the additional profit that the company has got will definitely be given to the shareholders. The brokerage house has told the further strategy to the investors on this stock.
Brokerage company Nomura has advised investors to maintain their buying sentiment here and has given a target price of Rs 4461. Apart from this, Credit Suisse has advised to maintain neutral rating on this stock and has given a target price of Rs 4030.
The brokerage company said that the company has now stayed the buyback decision. At the same time, there has been a weakness in the volume of the company on a monthly basis. Apart from this, there has been an increase in the export volume.