ELEC­TRIC VE­HI­CLE SPACE

Ba­jaj Auto BSE Code: 532977 CMP: ₹ 3028

Dalal Street Investment Journal - - KERBSIDE -

Ba­jaj Auto is a stal­wart in the two and three­wheeler seg­ment. As per the mur­murs on the street, Ba­jaj Auto is look­ing to en­ter the elec­tric ve­hi­cle space by 2020. The com­pany will pro­duce elec­tric two-wheel­ers and three-wheel­ers and the aim of the com­pany is to do a Tesla in the elec­tric two-wheeler seg­ment. Also, with the fes­tive sea­son around the cor­ner, the do­mes­tic 2-wheeler mar­ket may see an up­surge due to fes­tive sea­son. Hence, buy this stock for a good ap­pre­ci­a­tion in the short-medium term.

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