The hair oil market in India is not declining. The brokerage firm expects Bajaj’s volumes to recover. The margins should also see a jump given refined mustard oil (RMO) is down sharply. Given the backdrop, it expects the stock to re-rate hereon.
The hair oil market in India is not declining. The brokerage firm expects Bajaj’s volumes to recover. The margins should also see a jump given refined mustard oil (RMO) is down sharply. Given the backdrop, it expects the stock to re-rate hereon.
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