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CLSA lifts Bajaj Auto target to Rs 12,346 on GST, 125cc and export outlook

CLSA raised Bajaj Auto’s target price to Rs 12,346, expecting GST cuts from October, premium motorcycle demand, 125cc launches and export growth aided by a weaker rupee to support earnings and market-share gains.

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Reported figures

From the report. Source details below

CLSA target price raised to Rs 12,346 from Rs 12,068
Second-highest target among 49 Bloomberg-tracked analysts

Also in the report

  • FY27 and FY28 EPS estimates raised by 3%-4%

The source

Source Read the source at NDTV Profit Published

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