Two-wheeler major Bajaj Auto is set to announce its quarterly earnings on Wednesday. The stock has fallen about 20 percent in the last 6 months.
For Bajaj Auto, the numbers are expected to be weak. The implementation of the lockdown began on March 21 for most of these auto players and since then, the demand has been nearly nil. The analysts, hence, are expecting the revenues for the company to fall by 13 percent this quarter at Rs 6,450 crore.
CNBC-TV18’s Sonia Shenoy gives more details on key highlights