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Analyst Research Report Snapshot


Finquest Sec. - Bajaj Auto - Result Q2FY13 - Nov-1-2012




Finquest Securities Pvt Ltd


01 Nov 2012





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Decline in both domestic and export volumes pull down revenue EBITDA margins expand Q-o-Q despite weak revenue growth BAL outperforms even in the sluggish 2W market A good performance from 3Ws aids in margin expansion Q-o-Q BAL should benefit significantly from a rebound in the 2W market If BAL could bring in ABS variants in its portfolio and a fully faired version of the Pulsar 200NS, they could fill up the product gaps which are being exploited by some its peers. Lets wait and watch…

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