Bajaj Auto Shares Rise After Quarterly Profit Beats Estimates
Bajaj Auto shares rose as much as 3.1% on Wednesday after quarterly profit beat estimates. The report cited strong export demand and rapid growth in its electric-vehicle business.
Shares of India's Bajaj Auto NSE:BAJAJ_AUTO rose as much as 3.1% on Wednesday after the motorcycle maker's quarterly profit beat estimates, reinforcing expectations that strong export demand and rapid growth in its electric-vehicle business will drive its next phase of expansion.The stock was up 2…