Bajaj Auto Buy Call

Bajaj AutoTechnical analyst, Rajat K Bose has recommended that Bajaj Auto is looking strong for intraday trading today.

He also suggested that the interested investors can buy the stock with a stop loss below Rs 2460 for targets of Rs 2550 and Rs 2562

The CMP is Rs 2,580.00, up 1.8 percent.

Bajaj Auto announced an extension of its festive season offer of Rs 4,000 discount on 100 cc bike Platina till December, reports Economic Times.

The company slashed prices of Platina to Rs 30,000. The response for the offer has been good, as a result, the company extended this offer till the year end.

Recently, the company along with KTM Power Sports had announced a wide-ranging cooperation. KTM Power Sports is the second largest European sports motorcycle manufacturer.

The KTM Group will provide the know-how for the joint development of high-efficient water-cooled 4-stroke engines (125-ccm and 250-ccm), which provides KTM the basis for street motorcycles in the new street entry segment. The joint developments will also be available as basis for the Bajaj-products.

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