Kotak retains 'ADD' on TVS, 'SELL' on Bajaj as 2W exports fire on all cylinders
Kotak Institutional Equities retained its 'ADD' call on TVS Motor and 'SELL' rating on Bajaj Auto, raising their fair values to Rs 4,350 and Rs 9,600, respectively, as it expects strong two-wheeler export growth to continue through FY2027. TVS Motor was down 0.34% at Rs 4,036.30, while Bajaj Auto w…