NSE: BAJAJ-AUTO | BSE: 532977

Expensive Performer

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8506.50 38.50 (0.45%)

33.41% Fall from 52W High

246.0K NSE+BSE Volume

NSE 19 Jun, 2025 2:29 PM (IST)

237,550.5

Market Cap

Market Leader

1.1

Beta 1Year

High Volatility

Dividend

Bajaj Auto Ltd. has an upcoming dividend of ₹210.00 per share due on 20 Jun 2025 See details

Bajaj Auto Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for BAJAJ-AUTO, BSE:532977 Bajaj Auto Ltd.

Bajaj Auto Ltd.

28 Aug 2020

8506.50

0.45%

Initiating Coverage:Bajaj Auto

Buy: Bajaj Auto Ltd.

Recommendation Target

Axis Direct

We upgrade our rating from HOLD to BUY with a Target Price of Rs 3,300 (earlier 2,850) valuing it at 16x (earlier 17x) FY23E PE ratio (including Rs 120/share for its stake in KTM) which gives an upside of ~8% from current levels.

Bajaj Auto Ltd. is trading above its 100 day SMA of 8253.7

Bajaj Auto Ltd.

07 Aug 2020

8506.50

0.45%

BAJAJ AUTO LIMITED

Hold: Bajaj Auto Ltd.

Target

Geojit BNP Paribas

Bajaj Auto is the world's sixth-largest manufacturer of motorcycles and the second-largest in India. It is also the world's largest three-wheeler manufacturer. The company is based in Pune, Mumbai with plants in Chakan (Pune), Waluj (near Aurangabad) and Pantnagar in Uttarakhand. Bajaj Auto...

Bajaj Auto Ltd. is trading below its 30 day SMA of 8519.8

Bajaj Auto Ltd.

27 Jul 2020

8506.50

0.45%

Bajaj Auto - Numbers bottomed out in Q1, heading towards recovery

Buy: Bajaj Auto Ltd.

Target

LKP Securities

Numbers bottomed out in Q1, heading towards recovery Resilience displayed in pandemic hit quarter Bajaj Auto posted a 61% yoy decline in the topline in COVID hit Q1, while they declined by 55% qoq. The volumes fell by 64.5% yoy and 55% qoq as there was a stringent lockdown observed in the earlier part of the quarter. Realizations grew by 9.8% yoy, which were very well supported by export realizations and a higher proportion of BS 6 vehicles. EBITDA declined by 66% yoy to 4.1 bn, while margins still showed a better performance at 13.3%, much better than street's expectations, though it was lower by 210 bps yoy. The overall underperformane stemming from...

Bajaj Auto Ltd. has an average target of 10170.50 from 11 brokers.

Bajaj Auto Ltd.

23 Jul 2020

8506.50

0.45%

Bajaj Auto: Q1FY21 Result Review

Sell: Bajaj Auto Ltd.

Recommendation Target

IDBI Capital

Bajaj Auto (BJAUT) Q1FY21 result was above our and consensus estimates at all parameters. EBITDA margin for the quarter stood at 13.3% vs our and consensus estimates of 4.4% and 10.6% respectively on account of lower operating expenses. We expect domestic 2W/3W industry to see a double digit decline in FY21 driven primarily by adverse impact of the COVID-19 outbreak on economic growth and discretionary spending. However stronger recovery in export market for 2W/3W segment would help BJAUT to partially mitigate the current slowdown in domestic market. We cut our volume estimates for FY21/FY22 by 5% each factoring the extended lockdown in certain...

Bajaj Auto Ltd. has an average target of 10170.50 from 11 brokers.

Bajaj Auto Ltd.

23 Jul 2020

8506.50

0.45%

Result Update:Bajaj Auto

Hold: Bajaj Auto Ltd.

Target

Axis Direct

Bajaj Auto reported a dismalQ1FY21 but along expected lines. Revenue declinedby ~60% YoY at Rs3079cr (v/s our est. of Rs 3078 cr). EBITDA came in at Rs409cr ahead of our estimates on better Gross Margins (up 460 bps YoY). EBITDA margin was at 13.3% (down ~220 bps YoY and 510 bps QoQ)

Bajaj Auto Ltd. is trading below its 30 day SMA of 8519.8

Bajaj Auto Ltd.

22 Jul 2020

8506.50

0.45%

Q1FY21 Result Update - 2Ws recovery to an extent 85%, 3Ws lags - HOLD

Hold: Bajaj Auto Ltd.

Target

Prabhudas Lilladhar

Finacing concerns for domestic 3Ws to continue as owners are only earning ~30-40% of the normal business per days. No conern on 2W so-far. BJAUT results were operationally better with positive surprise on EBITDA margins at 13.3% (-220bp YoY, PLe 12.5%) led by three year high gross margins at 32.9% (+470bp YoY, PLe 32%). The beat was led by favorable forex impact. However, Adj.PAT came in lower at Rs5.3b (-53% YoY, PLe Rs6.2b) due to lower other income. With weak product mix (higher domestic share)...

Bajaj Auto Ltd. is trading below its 30 day SMA of 8519.8

Bajaj Auto Ltd.

28 May 2020

8506.50

0.45%

Bajaj Auto

Bajaj Auto Ltd.

SMC online

Bajaj Auto Q4 results, net profit flat at Rs 1,310 crore; still beats Street estimates. Bajaj Auto posted 0.36 per cent year-on-year (YoY) rise in consolidated net profit at Rs 1,310.29 crore for the quarter ended March 31. Bajaj Auto had reported a net profit of Rs 1,305.59 crore in the corresponding quarter last year. It's quarterly profit remained largely flat as exports partially offset its sales decline in India after the coronavirus pandemic stalled operations and dealt another blow an already struggling automobile sector....

Bajaj Auto Ltd. is trading below its 30 day SMA of 8519.8

Bajaj Auto Ltd.

22 May 2020

8506.50

0.45%

Bajaj Auto: Q4FY20 Result Review

Hold: Bajaj Auto Ltd.

Recommendation Target

IDBI Capital

Bajaj Auto (BJAUT) Q4FY20 result was above our and consensus estimates at operating level. EBITDA margin for the quarter stood at 18.4% vs our and consensus estimates of 16.3% and 15.8% respectively. We expect 2W industry to see a double digit decline in FY21 driven primarily by adverse impact of the COVID-19 outbreak on economic growth and discretionary spending. The challenges for the 2W segment are likely to get aggravated as consumer spending will be severely impacted by the outbreak resulting in lower spending power both in urban and rural markets. We believe BJAUT being a major player in 250cc segment could see muted sales for Pulser/Avenger/KTM etc. We...

Bajaj Auto Ltd. is trading below its 30 day SMA of 8519.8

Bajaj Auto Ltd.

21 May 2020

8506.50

0.45%

Bajaj Auto (ADD): Strong operational performance

Accumulate: Bajaj Auto Ltd.

Recommendation Target

BOB Capital Markets Ltd.

Bajaj Auto's (BJAUT) Q4 operating performance was well ahead of estimates.

Bajaj Auto Ltd. has an average target of 10170.50 from 11 brokers.

Bajaj Auto Ltd.

21 May 2020

8506.50

0.45%

Result Update:Bajaj Auto

Hold: Bajaj Auto Ltd.

Recommendation Target

Axis Direct

Bajaj Auto reported a resilient Q4FY20, with all round beat. Revenues were down 8% (v/s expectation of 15%), Gross Margin was up 340 bps (YoY) on account of better product mix and favourable currency.

Geojit BNP Paribas decreased Hold price target of Bajaj Auto Ltd. to 9300.0 on 04 Jun, 2025.

Is Bajaj Auto Ltd. worth buying?

460 Votes:

Buy 71.3%

Sell 17.83%

Hold 10.87%

RESEARCH REPORTS

Hold SEE REPORTS >

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Buy SEE REPORTS >

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