Bajaj Auto Limited: Morgan Stanley maintains Underweight with Target Price ₹8,920 (raised from ₹8,782), citing multiple auto sector headwinds including cost pressures, supply-chain risks and tighter regulations impacting 1QFY27 margins, though volume upcycle may enable gradual cost pass-through while maintaining an overall attractive industry outlook.

 17 Apr 2026 09:05 AM

Bajaj Auto Limited: Morgan Stanley maintains Underweight with Target Price ₹8,920 (raised from ₹8,782), citing multiple auto sector headwinds including cost pressures, supply-chain risks and tighter regulations impacting 1QFY27 margins, though volume upcycle may enable gradual cost pass-through while maintaining an overall attractive industry outlook.