BUY FSL and SELL Bajaj Auto

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raman shah

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Oct 3, 2011, 9:10:02 AM10/3/11
to BUSINESS CREDIT: A CHALLENGE FOR ENTREPRENEURS™
SELL Bajaj Auto(532977). On a short run in Indian local market, there
is no good news in Bajaj Auto as there will be a tuff competition from
Honda, Suzuki and Yamaha. In export huge competition from Hero Motors,
while in 3-wheelers competition from Mahindra, TVS and Piaggio is
killing Bajaj Auto. And Buy Firstsource Solution(532809) at CMP 12.
Sales of Q1 up by 10% Y-o-Y, Book Value of 21. With increasing work,
FSL manpower increased from 27000 to 30000 in June quarter.
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