HDFC Securities stays positive on Bajaj Auto, TVS Motor and Indian Hotels after Q1
The brokerage retained positive calls following Q1 FY27 results, citing EV momentum, new-product launches and export demand for automakers, alongside domestic tourism, occupancy gains and asset-light expansion at Indian Hotels.
HDFC Securities retained positive ratings on Bajaj Auto, TVS Motor and Indian Hotels after Q1 FY27, citing EV growth, new-model launches, export demand, domestic tourism, rising occupancy and Indian Hotels’ expanding asset-light portfolio.
Why this matters
The positive view follows signals that Bajaj Auto is lining up 12 motorcycle launches by September, targets exports above 250,000 units and rallied with TVS Motor after Q1 results despite demand risks.
Retail-company signals are accelerating, up 1,027,000% quarter over quarter.