Top Fundamental 'Buy' Calls: See what brokerage targets signal about Bajaj Auto, other buzzing stocks now

Top Fundamental Stock 'Buy' Calls for Bajaj Auto, Samvardhana Motherson, Alkem Labs and More: Dalal Street benchmarks appear to be stuck in ranges once again, with the Nifty 50 index remaining almost 1,500 points below its late-September peak. As the earnings season draws to a close, the focus shifts to macroeconomic data, institutional fund flows and global cues. Here’s what brokerages such as Jefferies, Citi and Goldman Sachs make of buzzing stocks in the market now.

Bajaj Auto Share Price | How brokerages view Nifty Auto stock 

Jefferies has maintained a 'buy' rating on Bajaj Auto while raising its raget price to Rs 8,000 from Rs 7,750 per share. 

According to the brokerage, the auto maker staged a decent Q4 performance deriven by an improvement in its average selling price. 

Jefferies continues to be positive on Bajaj Auto citing a positive growth outlook on both two-wheeler sales in domestic as well as foreign markets. 

However, the brokerage is concerned about a dip in Bajaj Auto's market share in the domestic motorcycle market. 

Goldman Sachs has maintained a 'buy' rating on Bajaj Auto and raised its target price to Rs 9,600 from Rs 9,300 per share.