A COMPARATIVE STUDY OF BAJAJ AUTO LTD AND HERO MOTO CORP BY USING TECHNICAL ANALYSIS

Abstract

Using the fundamental analysis, we have compared Bajaj Auto Ltd and Hero Motocorp to show the investors for their better investment. We have used the ratios by analyzing the respective companies’ financial statements. Fundamental Analysis (FA) is an approach to know about a business. If an investor wants to invest in a business for the long term, it becomes very essential to understand the business from various perspectives. It would be difficult for an investor to take apart the short term noise in the stock prices and focus on the underlying business performance. The main aim of fundamental analysis is to generate a quantitative value that an investor can compare with a security's current price that is to indicate whether the security is undervalued or overvalued.