Bajaj Auto stock

Bajaj Auto stock for long term is a strong buy. Stock markets in India are struggling for last 8-10 months. Most of the stocks have broken significantly and there are very few stocks which have managed to sail through it. Bajaj Auto stock is one of them. It has consistently outperformed the stock markets in this period.

Bajaj Auto stock is currently trading near its 52 week high, so it may see some fall in the near term but its long term outlook remain extremely positive. Stock has been moving up for some time and currently it is trading at 1630.10 at NSE.

Bajaj Auto stock has been one of the favorite among investors this year. So mentioned earlier, it can see some kind of down fall in short term of three to six months. Short term trader need to be cautious of this but if you can hold it for 2-3 years’ time then you can use those falls at an opportunity to further increase the stock in your portfolio.

Bajaj auto is consistently working on expanding their market share and last few years have extremely well for them. It is reflected in their sale figures and balance sheet. As a result, it is also reflected in their share prices which are trading at the upper region which can alert some traders. So long term investors should invest all in one shot.

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