Synopsis
That would continue to weigh on its stock as exports, hitherto the mainstay of the maker of Pulsar and Platina, are unlikely to rebound quickly due to the macroeconomic headwinds faced by African nations that give the bulk of the business to the Pune-based automaker.
ET Intelligence Group: Bajaj Auto hit a home run in the three months to September, but the away leg of its business had to negotiate the dollar-surge speed bump.
That would continue to weigh on its stock as exports, hitherto the mainstay of the maker of Pulsar and Platina, are unlikely to rebound quickly due to the macroeconomic headwinds faced by African nations that give the bulk of the business to the Pune-based automaker.
Revenue climbed
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