Analyst flags Bajaj Auto over Eicher Motors and TVS Motor on valuation and exports
A market expert cited strong quarterly performances at Eicher Motors and TVS Motor but favoured Bajaj Auto, pointing to its valuation, export growth, potential weaker-rupee tailwinds and steady domestic demand.
Market expert highlights strong quarterly performance at Eicher Motors and TVS Motor but prefers Bajaj Auto, citing attractive valuation, growing exports, weaker-rupee benefits and steady domestic demand.
Why this matters
The call follows Eicher Motors reports of Q1 profit rising 21% to ₹1,462 crore, a 21.5% Q1 gain, and a ₹1,225 crore commitment to an Andhra Royal Enfield plant.
retail-company is accelerating, up +312825% QoQ.