Bajaj Auto share price soars over 4 per cent! What investors should do - What experts suggest
In a note, Jefferies has revealed that Bajaj Auto management says that its electric scooter Chetak, launched in 2020, is seeing a good initial response but is facing supply-side issues due to semiconductor shortages. Bajaj Auto is building its EV capability for both 2Ws and 3Ws with a focus on the entire ecosystem, including products, dealerships, spare parts, and customer engagement
efferies expects Bajaj Auto’s total volumes to rise at a strong 16% CAGR in FY21-23E. After an 11% YoY decline in FY21, we see EPS rising at 22% CAGR over the next two years: Reuters