Jefferies considers Bajaj Auto's valuation of around 20 times FY28 estimated earnings reasonable. It maintained its Hold' rating on Bajaj Auto with a target price of Rs 11,500, raising its FY27-FY29 earnings estimates by 4-5%.
Jefferies considers Bajaj Auto's valuation of around 20 times FY28 estimated earnings reasonable. It maintained its Hold' rating on Bajaj Auto with a target price of Rs 11,500, raising its FY27-FY29 earnings estimates by 4-5%.
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