Bajaj Auto Annual Report Analysis -Product, Market Expansion Continues, Valuation Limits Upside: Dolat Capital

Employees work on the assembly line at the Bajaj Auto Ltd. plant in Chakan. (Photographer: Adeel Halim/Bloomberg)

Bajaj Auto Annual Report Analysis -Product, Market Expansion Continues, Valuation Limits Upside: Dolat Capital

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Dolat Capital Report

Bajaj Auto Ltd. FY21 annual report demonstrates the strong operating performance despite several challenges like the potential impact of Covid 19 on demand, removal of MEIS export incentives and commodity headwinds.

In the domestic two-wheeler market the company gained market share in mileage segment (economy segment) (+90 basis points to 15.2%) led by successfully introducing the Pulsar-125.

Moreover, it also retained its leadership position in (150-220cc) sports segment at ~37% due to new launches (five models of Pulsar ranging from 150cc to 220cc and two variants of the Avenger).

Click on the attachment to read the full report:

Dolat Capital Bajaj Auto Annual Report Analysis.pdf

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