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Bajaj Auto gains after BofA Merrill upgrade

Mumbai: Shares of Bajaj Auto surged 2.9 per cent after Bank of America-Merrill Lynch upgraded it to "buy" from "underperform".The report cited company's higher volume and average selling prices, and increased contribution from dirt-bike making
India TV News Desk
India TV News Desk October 14, 2014 11:47 IST

Mumbai: Shares of Bajaj Auto surged 2.9 per cent after Bank of America-Merrill Lynch upgraded it to "buy" from "underperform".

The report cited company's higher volume and average selling prices, and increased contribution from dirt-bike making affiliate KTM.

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