The IPO valuation looks aggressive since the company is approaching the primary market in the initial stage of operations where capital expenditure (capex) is higher to build capacities while the benefit in terms of higher cash flows and profit will flow in subsequent years. Given these factors, the issue looks more suitable for long-term investors with a high risk appetite.
Bajaj Auto shares rise 3% after August sales jump 28% YoY
Bajaj Auto shares rose on Tuesday after the two- and three-wheeler maker reported a 28% year-on-year increase in August sales. Strong export growth drove the
September 1, 2026