Breaking News: Bajaj Auto Ltd: Q3 results today. Actual results TO BE AHEAD OF MARKET EXPECTATION. To report PAT of Rs 850 cr as against CNBC estimate of Rs 810cr and Motilal Oswal estimate of Rs 798 crores. 

9month to be Rs 2795cr as against full year FY 15 PAT of 2813 crores. 

9month PAT to jump 27% YoY (2795cr vis 2192cr)

FY16E PAT  at 3750cr can be whopping 35% higher against FY15 PAT of 2813 cr.

Jan16 sales at 2.94 lac units higher than Dec15 monthly sales of 2.89 lac vehicles.

Month high Rs 2555.

Buy NOW.

TP BTST Rs 2450+. Next week TP Rs 2540

Trading at just 18xFY16Eeps.

Stock to surpass 52week high of Rs2655 in April Expiry

Result today should be out by around 11.30-12 noon