KRChoksey Research has maintained an "Accumulate" rating for Bajaj Auto Ltd., raising its target price to Rs 9,900. This implies a 14.8% upside potential from the current market price of Rs 8,626.
Eicher Motors share price closed 1.5 percent higher in today's session. The automotive stock has witnessed a bullish breakout and short term traders can expect further upside in the stock.
Mahindra & Mahindra stock has turned bearish on technical charts. The stock declined by 2.48 percent on Tuesday and could face further selling pressure.
In a recent interaction, Piyush Arora, MD and CEO of Skoda Auto Volkswagen India Pvt Ltd (SAVWIPL), emphasized the importance of a long-term tax structure for various automotive technologies to sup