Should you buy/sell/hold Hero MotoCorp, Bajaj Auto, other auto stocks?

Ankur Gupta

Aug 31,2024

The two-wheeler (2W) sector is poised for growth, driven by a resurgence in rural demand and increasing electric vehicle (EV) adoption, said Macquarie.

The forecast by the brokerage anticipates low-teens growth in 2W industry volumes for FY25.

Here's what the brokerage makes of several stocks from the sector.

Rating: Outperform Target: Rs 5,967

Hero MotoCorp stock

Bajaj Auto stock

Rating: Neutral Target: Revised to Rs 10,248 from Rs 9,655

Eicher Motors stock

Rating: Neutral Target: Raised to Rs 4,573 from Rs 4,343

TVS Motors stock

Rating: Outperform Target: Rs 3,051

Disclaimer: The views/suggestions/recommendations expressed here in this article are solely by investment experts. Zee Business suggests its readers consult their investment advisers before making any financial decision.