While the company may be more popular for its Pulsar model of motorbikes, Bajaj Auto makes a much bigger profit margin on every auto-rickshaw that it sells. The three wheeler sales haven’t ...
Furthermore, Bajaj Auto has announced plans to enter the e-rickshaw segment by the end of Q4, to target an addressable market of 45,000 units per month. Nuvama Institutional Equities expects ...
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