Epic Update : Bajaj Auto

 Bajaj Auto shares dropped after reporting almost 100 basis point (bps) drop in operating margin for the third quarter ended December 2012 (Q3) as compared to the previous corresponding period. The company has reported 2.96% rise in its net profit at Rs 818.74 crore for third quarter ended December 31, 2012 as compared to Rs 795.19 crore for the same quarter in the previous year.

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