Ebitda grew despite supply constraints, cost headwinds and weak macro-economic context. Judicious price increases, better foreign exchange realisation and a favourable mix offset the material cost inflation and enabled margin improvement, Bajaj Auto said.
Nilesh Shah on why you should never predict the market
Nilesh Shah of Kotak AMC has advised people not to try to predict the market, stating that more often than not, they will be wrong.