Looking at auto sector with Prayesh Jain, Yes Securities
  • WebDesk BTVI
  • Jul 30 2019

Prayesh Jain, Executive VP at Yes Securities, discusses the current condition of the automotive industry which has been facing a slowdown. Jain says Bajaj Auto has done well compared to most other players and gives the automaker a ‘Buy’ rating with a target price at Rs 2,973. Jain shares similar forecast for Hero Moto, but adds that Yes Securities favours Bajaj Auto over Hero Moto based on their past record.