Bajaj Auto Ltd. News and Updates

Name: Latest research reports of Bajaj Auto Ltd. authored by Axis Direct and published by - Trendlyne research reports.
Item: Bajaj Auto Ltd.
Rating: 3
Author: Axis Direct

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Bajaj Auto Ltd.

29 Apr 2020

8224.00

-0.06%

Bajaj Auto to operate at 50% capacity in May, eye savings of Rs 200 crore from cost cutting in FY20: Rajiv Bajaj

Moneycontrol

On salary reductions and cost-cutting measures, Bajaj said, We have already implemented almost all of the cost-cutting measures. It will save us somewhere between Rs 150 crore and Rs 200 crore this year."

ICICI Securities Limited upgraded Bajaj Auto Ltd. to Buy with a price target of 9850.0 on 07 Aug, 2025.

Bajaj Auto Ltd.

24 Apr 2020

8224.00

-0.06%

Coronavirus lockdown | Bajaj Auto's Aurangabad plant restarts operations

Moneycontrol

Working with a limited work force amid lockdown to contain coronavirus, the company has decided to concentrate on export orders at present, said plant head Abhay Patki.

ICICI Securities Limited upgraded Bajaj Auto Ltd. to Buy with a price target of 9850.0 on 07 Aug, 2025.

Bajaj Auto Ltd.

23 Apr 2020

8224.00

-0.06%

Initiating Coverage

Hold: Bajaj Auto Ltd.

Recommendation Target

Axis Direct

We are initiating coverage on Bajaj Auto with a HOLD rating as significant headwinds of COVID19 and low crude oil prices will lead to near term pressure on BJAUT but we expectit to outpace industry growth in the long run led by 1) Innovation in product with a dual focus on entry and premium segment.

Bajaj Auto Ltd. is trading below all available SMAs

Bajaj Auto Ltd.

22 Apr 2020

8224.00

-0.06%

Bajaj Auto ED Rakesh Sharma appointed as IMMA President

Business Line

The Geneva-based International Motorcycle Manufacturers Association (IMMA), which represents the manufacturing industry of powered two-wheelers at the

Bajaj Auto Ltd. is trading below all available SMAs

Bajaj Auto Ltd.

16 Apr 2020

8224.00

-0.06%

Automobile: Q4FY20 Earnings Preview

Sell: Bajaj Auto Ltd.

Recommendation Target

IDBI Capital

Delay in payments by OEMs, coupled with higher fixed cost would increase the working capital days for auto-ancillary companies, which may impact the small and mid-cap companies the most. Q4FY20 Result Expectation: We have seen 10 days lockdown in March20 and muted demand leading to lower volumes and higher discounting. We expect all the OEM's to report decline in revenue on YoY and QoQ. Amongst OEM's like Ashok Leyland (AL) (-64%), TVS motors (TVSL) (-29%) and Hero MotCorp (HMCL) (-25%) to report decline in revenue on YoY. We expect highest YoY EBITDA de-growth for AL (84%),...

Bajaj Auto Ltd. is trading below all available SMAs

Bajaj Auto Ltd.

15 Apr 2020

8224.00

-0.06%

Bajaj Auto proposes 10% pay cut if factories remain shut till May 3

Moneycontrol

No retrenchment of employees has happened till now and nothing is on the cards yet

Bajaj Auto Ltd. is trading below all available SMAs

Bajaj Auto Ltd.

09 Apr 2020

8224.00

-0.06%

Exclusive | Bajaj Auto-KTM combine to enter e-mopeds segment

Moneycontrol

These light-weight mopeds will be powered by low power electric motors, with commercial production expected to begin in 2022 from Bajaj's plant in Pune.