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Bajaj Auto slides despite Q4 profit; Analyst flags key levels
short by / on Friday, 30 May, 2025
Bajaj Auto shares fell 3% on Friday despite reporting stable fourth-quarter earnings. The street is concerned about the company's steep market share loss in the domestic market and margin pressures. Despite recent weakness, analyst Manish Kushwaha sees Bajaj Auto in a long-term uptrend. A breakout above ₹9,234, confirmed by volumes, could unlock further upside.
read more at Stockwits