BusinessPhoto: NDTV BusinessJefferies Maintains Hold on Bajaj Auto, Raises Earnings Estimates
Jefferies considers Bajaj Auto's valuation of about 20 times FY28 estimated earnings reasonable. The firm maintained its 'Hold' rating on Bajaj Auto and set a target price of Rs 11,500. It also raised its earnings estimates for FY27 to FY29 by 4-5%, reflecting confidence despite cost pressures.
NDTV Business·



