Bajaj Auto: Why is the domestic motorcyle market share a key risk? Motilal Oswal explains
Bajaj Auto, a top Indian two- and three-wheeler manufacturer, is struggling in the domestic motorcycle market despite success in exports and electric vehicles. Motilal Oswal maintains a neutral rating with a target price of Rs 9,070 per share. Bajaj plans to regain market share with new launches and restructuring, while also focusing on EV and three-wheeler markets.