Bajaj Auto, one of the leading 2 and 3 wheeler makers, will be announcing its second quarter financial results on Tuesday, Oct. 14, 2014.

Angel Broking expects on the topline front, a growth of 10.6% yoy driven primarily by volume growth. Realisation is likely to remain flat. "We expect operating margins to dip 230 bp yoy to 19.6% on back of increased competitive intensity in the domestic motorcycle space and lower export realization. Net Profit is expected to grow marginally 3% yoy to Rs 8.59 billion."

''Key factors to watch out; export realization; management strategy on regaining domestic motorcycle market share; commentary on competitive pressures in the domestic segment; update on launch of quadricycles. We maintain our Accumulate rating on the stock with a target price of Rs 2,475,'' it added.

Shares of the company gained Rs 66.3, or 2.82%, to trade at Rs 2,417.50. The total volume of shares traded was 23,849 at the BSE (10.43 a.m., Tuesday).