Prayesh Jain, however, recommends accumulating Bajaj Auto at current market price.
Prayesh Jain, AVP – Research, IIFL believes the Bajaj Auto 's second quarter earnings were in-line with expectations and it will be best to wait for the management commentary before reaching any conclusions. He, however, recommends accumulating the stock at current market price.
Speaking to CNBC-TV18 before Hero Motocorp earnings, Jain says he will prefer Hero over Bajaj due to its increasing market share and its availability in the scooter segment.
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