CLSA downgrades Bajaj Auto

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Smart Profit

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Oct 12, 2012, 6:47:45 AM10/12/12
to Internet finance payments
CLSA downgrades Bajaj Auto to 'sell' from 'underperform', while
maintaining its 'sell' rating on Hero MotoCorp , citing weak demand
growth, a consumer shift to scooters over motorcycles, and rising
competition.

http://www.moneycontrol.com/news/business/clsa-downgrades-bajaj-auto-shares-fall_767666.html
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