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BAJAJ-AUTO — Bajaj Auto News Story

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India's Bajaj Auto rises on jump in August sales

BUZZ-India's Bajaj Auto rises on jump in August sales

** Shares of Bajaj Auto BAJA.NS up 2% to 12,379 rupees

** The automaker's total sales for August rose 28% y/y, boosted by 51% jump in exports

** April-August sales also climbed 29% y/y

** Stock set to rise for third straight session

** Stock has been above its 50-day, 100-day, 200-day simple moving avgs since July, indicating bullish sentiment

** Avg rating of 39 analysts is "buy" and median PT is 11,700 rupees - data compiled by LSEG

** YTD, BAJA up ~32%


(Reporting by Anuran Sadhu in Bengaluru)

((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))

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