The hair oil market in India is not declining. The brokerage firm expects Bajaj’s volumes to recover. The margins should also see a jump given refined mustard oil (RMO) is down sharply. Given the backdrop, it expects the stock to re-rate hereon.
Banking system liquidity back at surplus; markets see signs of softer RBI stance
For seven days in September, the RBI injected funds into the banking system, signaling deficit liquidity conditions caused by the combined impact of quarterly advance