Bajaj Auto Ltd.

NSE: BAJAJ-AUTO | BSE: 532977 | ISIN: INE917I01010 | Industry: 2/3 Wheelers
| Expensive Rocket
9562.5000 -198.00 (-2.03%)
NSE Jan 09, 2026 15:31 PM
Volume: 251.0K
 

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Bajaj Auto Ltd.
27 Jan 2023
9562.50
-2.03%
Axis Direct
We value the stock at 15x (from 16x earlier on lower exports outlook) its FY'25E core EPS (Rs 3,864/share) and add Rs 306/share for the company's stake in PMAG to arrive at our TP of Rs 4,170/share (from Rs 4,000/share earlier). The TP implies an upside potential of 12% from the CMP.
Emkay upgraded Bajaj Auto Ltd. to Buy with a price target of 11100.0 on 06 Jan, 2026.
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