Financial Vector

Bajaj Auto's stock has increased by 22.5% in 2023, with factors such as increased domestic two-wheeler demand, EV volume, launch of premium bikes with Triumph and a revival in overseas shipments supporting future earnings. In the previous fiscal year, the company's bike volume fell by 9%, but the share of domestic two-wheelers rose to 48.3% in Q1 2023 compared to 34.7% in the previous year. For the current fiscal year, the sector's two-wheeler volume is expected to grow by 10-12%, while Bajaj Auto's management expects 6-8% growth in the 125cc plus motorcycle segment.

Arshad took to Twitter and wrote, "Please do not believe everything you read in the news. Maria and my knowledge about stocks is zero, took advice and invested in Sharda, and like many other, lost all our hard-earned money."