Shares of Bajaj Auto fell 3% at Rs 8,753 on Friday after the two-wheeler major reported a standalone net profit of Rs 1,936 crore for the quarter ended March 31, 2024, which was up by over 35% from Rs 1,432.88 crore reported by the company in the year-ago period.
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Positive factors that could support the uptrend include record-high GST revenue, FIIs and DIIs being net buyers, and WTI oil prices falling below $80 a