Epic Research

Thursday, April 25, 2013

Epic Update : Bajaj Auto

Stock TipsBajaj Auto, which already holds 30% stake in Austrian motorcycle manufacturer KTM, is mulling to hike its stake to as much as 90% in the near future. Both the companies are reportedly in talks to finalize a deal in respect to this as soon as possible. However, it remains to be seen, whether the company will directly scale up it holding to 90%, or may first hike it 51% and then in a phased manner, up to 90%.

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