Typically, for consumer companies you would not see this kind of major gaps versus expectations. Yes, I can understand that versus a certain growth that the market is expecting if there is a certain bit of disappointment, which has been the case with many consumer companies in this quarter.
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