Bajaj Auto, one of the leading 2 and 3 wheeler makers, will be announcing its second quarter financial results today, Oct. 21, 2015.

Angel Broking expects the net profit to grow 10% yoy to Rs 9.19 billion.

The company's topline is expected to remain flat at Rs 59.60 billion. The broking firm said the volumes as well as realization should remain flat on yoy basis.

Angel Broking said that, ''On the EBIDTA front, the margins are likely to improve 220 bps yoy to 21.1% on account favourable currency realisation. EBIDTA is estimated to grow 12% yoy to Rs 12.58 billion.''

Shares of the company gained Rs 23.7, or 0.97%, to trade at Rs 2,462.00. The total volume of shares traded was 1,062 at the BSE (9.22 a.m., Wednesday).