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  • Rajiv Bajaj said that he stands by his projection of 20,000 rupees as the long-term target price for Bajaj Auto shares
  • The stock has seen a sharp correction after hitting a lifetime high of 12,774 rupees in September last week

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Stand By ₹20,000 Long Term Target For Bajaj Auto Shares: Rajiv Bajaj On Stock Correction

Rajiv Bajaj believes the correction is “perhaps based on a somewhat temporary understanding of an evolving situation,” and says he is certain that he is going out and buying some stock

Updated: Sep 02, 2022 10:53
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Editorji News Desk

Stand By ₹20,000 Long Term Target For Bajaj Auto Shares: Rajiv Bajaj On Stock Correction

Bajaj Auto shares present a nice upside in the weeks to come. That’s not us making a stock recommendation to you.

That’s what the managing director of Bajaj Auto, Rajiv Bajaj believes.

Speaking to CNBC-TV18, Rajiv Bajaj said that he stands by his projection of 20,000 rupees as the long-term target price for Bajaj Auto shares.

Remember, the stock has seen a sharp correction after hitting a lifetime high of 12,774 rupees in September last week.

Rajiv Bajaj believes the correction is “perhaps based on a somewhat temporary understanding of an evolving situation,” and says he is certain that he is going out and buying some stock.

Also Watch: Special Diwali Muhurat Trading Session date and time announced

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