wheeler industry, as per my research this sector in India is very
hyped and overrated compared to the other sectors. Like seriously,
especially the stocks of Bajaj Auto and TVS are overvalued, at one
time Pulsar was the thing everybody wanted to own, but now due to the
amazing number of options available from different brands like Honda,
Hero and Yamaha who would want to buy Bajaj the oldie. There are so
many new bikes in the market better than ever before like Honda's
Unicorn, Shine, Twister, Stunner, Yamaha's FZ, R15 and Hero's CBZ,
Karizma and a new launch of Impulse. In the same range Honda is coming
up with CBR 150cc and 125cc. Although the market standing of Bajaj
Auto is falling the share price doesn't seem so. It seems like Rahul
Bajaj is just trying to cover up his losing market share by creating
false growing image of Bajaj Auto. And why would anyone write the
truth about the falling demand for Bajaj as the analyst gets hugely
paid for writing the good image. The fact is the sales are dropping
as in September and October they sold 4.25 lakh units whereas in month
of November they sold only 3.65 lakh. It looks shocking when Mr. Bajaj
in his interviews on every business channel gives reasons for this
downfall as being the festive season in September and October, but why
doesn't anyone go and ask him that how come only his company's sales
are down whereas sales of his main competitors like Honda and Hero
have increased. For how long can Bajaj Auto keep this face on, the
reality will strike and will get the old horse down. People who are in
these sector I would suggest to get out of it and invest that money in
the sectors of Power, Pharmaceutical and communication as this is the
best time cause of the attractive low prices it offers.
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