'Hold' Bajaj Auto Shares Says Nirmal Bang, Sees Current Valuations Limits Upside

2 days ago 3

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Nirmal Bang believes Bajaj Auto's current valuation of 23x FY27E limits the upside hence gives a Hold rating to the stock.

25 Aug 2025, 09:25 AM IST i

25 Aug 2025, 09:25 AM IST

25 Aug 2025, 09:25 AM IST

<div class="paragraphs"><p>Bajaj Auto expects the upcoming festive season to be strong and projects industry growth of 5-7% in FY26 despite last year’s high base.</p><p>(Photographer: Vijay Sartape / Source: NDTV Profit)</p></div>

Bajaj Auto expects the upcoming festive season to be strong and projects industry growth of 5-7% in FY26 despite last year’s high base.

(Photographer: Vijay Sartape / Source: NDTV Profit)

Bajaj expects the upcoming festive season to be strong and projects industry growth of 5-7% in FY26 despite last year’s high base. Urban markets and large rural towns are performing well, while very small rural towns remain under pressure.

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