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Bajaj Auto profit beats estimate, bucking weak India two-wheeler demand

Company expects sales to gain momentum when festive season starts

Bajaj has been focusing on regaining market share amid stiff competition from larger rivals Hero MotoCorp and Honda.   © Reuters

MUMBAI (NewsRise) -- Bajaj Auto reported a better-than-expected first-quarter net profit as it boosted sales, bucking a slowdown gripping India's two-wheeler market.

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