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IDBI Capital: Tough Quarter For Bajaj Auto

Bajaj Auto’s Q2 performance was below par due to impact of MEIS, higher raw material costs and lower other income.

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