|
28 Aug 2025 |
Bajaj Auto
|
Consensus Share Price Target
|
8689.50 |
9105.97 |
- |
4.79 |
hold
|
|
|
|
|
13 Aug 2025
|
Bajaj Auto
|
Deven Choksey
|
8689.50
|
9030.00
|
8248.50
(5.35%)
|
3.92 |
Accumulate
|
|
|
We reiterate our “ACCUMULATE” rating on the stock, owing to sustained double-digit export growth and a calibrated ramp-up in EV-2Ws, which will support the margin expansion.
|
|
07 Aug 2025
|
Bajaj Auto
|
Axis Direct
|
8689.50
|
9360.00
|
8229.00
(5.60%)
|
7.72 |
Buy
|
|
|
We maintain our BUY rating on the stock.
|
|
07 Aug 2025
|
Bajaj Auto
|
ICICI Securities Limited
|
8689.50
|
9850.00
|
8229.00
(5.60%)
|
13.36 |
Buy
|
|
|
Bajaj Auto’s (BJAUT) EBITDA margin at 19.7% was in-line with I-Sec estimate. Demand in international market has been driving the growth momentum and the company has guided for 15-20% YoY volume growth in exports in nearto-medium term.
|
|
07 Aug 2025
|
Bajaj Auto
|
Motilal Oswal
|
8689.50
|
8618.00
|
8229.00
(5.60%)
|
Target met |
Neutral
|
|
|
BJAUT’s 1QFY26 earnings at INR20.6b beat our estimate of INR19.8b, aided by higher-than-expected other income even as margins were in line with our estimate at 19.7%.
|
|
24 Jun 2025
|
Bajaj Auto
|
Axis Direct
|
8689.50
|
9115.00
|
8377.00
(3.73%)
|
4.90 |
Buy
|
|
|
We recommend a BUY rating on the stock with a TP of Rs 9,115/share, implying an upside of 10% from the CMP
|
|
04 Jun 2025
|
Bajaj Auto
|
Geojit BNP Paribas
|
8689.50
|
9300.00
|
8563.50
(1.47%)
|
7.03 |
Hold
|
|
|
*over or under performance to benchmark index Bajaj Auto Ltd (BAL) is India's second-largest and the world's sixth-largest motorcycle manufacturer. It is also the world's largest three-wheeler maker. The company is...
|
|
30 May 2025
|
Bajaj Auto
|
BOB Capital Markets Ltd.
|
8689.50
|
9253.00
|
8607.00
(0.96%)
|
6.48 |
Hold
|
|
|
BJAUT's Q4FY25 revenue growth was muted at 6% YoY (down 5% QoQ) to Rs 128bn on account of slow volume growth offset by realisations
|
|
30 May 2025
|
Bajaj Auto
|
Axis Direct
|
8689.50
|
9890.00
|
8607.00
(0.96%)
|
13.82 |
Buy
|
|
|
We maintain our BUY rating on the stock.
|
|
10 Feb 2025
|
Bajaj Auto
|
Ventura
|
8689.50
|
9605.00
|
8880.55
(-2.15%)
|
10.54 |
Hold
|
|
|
Update Note
|
|
04 Feb 2025
|
Bajaj Auto
|
Geojit BNP Paribas
|
8689.50
|
9730.00
|
8911.40
(-2.49%)
|
11.97 |
Hold
|
|
|
|
|
29 Jan 2025
|
Bajaj Auto
|
Axis Direct
|
8689.50
|
9380.00
|
8625.85
(0.74%)
|
7.95 |
Buy
|
|
|
After a recent correction in stock prices, we upgraded from HOLD to BUY rating.
|
|
29 Jan 2025
|
Bajaj Auto
|
Prabhudas Lilladhar
|
8689.50
|
9853.00
|
8625.85
(0.74%)
|
13.39 |
Buy
|
|
|
|
|
28 Jan 2025
|
Bajaj Auto
|
Anand Rathi
|
8689.50
|
10000.00
|
8398.40
(3.47%)
|
15.08 |
Buy
|
|
|
Broadly in line with our estimate, Bajaj Auto’s Q3 standalone EBITDA grew 6% y/y to Rs25.8bn. Our positive stance on the company is backed by 1) expectations of cyclical upturns in 2Ws (domestic/ exports); 2) its vigorous EV strategy and 3) margin expansion from rising economies of scale and cost-cutting measures.
|
|
22 Oct 2024
|
Bajaj Auto
|
Geojit BNP Paribas
|
8689.50
|
10810.00
|
10368.35
(-16.19%)
|
24.40 |
Hold
|
|
|
|
|
17 Oct 2024
|
Bajaj Auto
|
Emkay
|
8689.50
|
9500.00
|
10119.45
(-14.13%)
|
Target met |
Sell
|
|
|
BJAUT’s Q2 results were marginally weak on lower ASPs. BJAUT’s 2W retail growth has been muted (FY25YTD: 6.7%; Sep-Oct: 5.7%).
|
|
17 Oct 2024
|
Bajaj Auto
|
Motilal Oswal
|
8689.50
|
|
10119.45
(-14.13%)
|
|
Economy Update
|
|
|
BJAUT's 2QFY25 performance was in line with our estimates. EBITDA margin remained stable QoQ at 20.2% as the impact of an adverse mix and raw material inflation was offset by price hikes.
|
|
17 Oct 2024
|
Bajaj Auto
|
BOB Capital Markets Ltd.
|
8689.50
|
11088.00
|
10119.45
(-14.13%)
|
Target met |
Hold
|
|
|
BJAUT's Q2FY25 revenue jumped 22%/10% YoY/QoQ to Rs 131bn aided by volume growth of 16% and favourable mix aiding faster growth
|
|
17 Oct 2024
|
Bajaj Auto
|
Axis Direct
|
8689.50
|
11950.00
|
10119.45
(-14.13%)
|
37.52 |
Hold
|
|
|
We maintain our HOLD rating on the stock.
|
|
17 Oct 2024
|
Bajaj Auto
|
ICICI Direct
|
8689.50
|
11820.00
|
10119.45
(-14.13%)
|
36.03 |
Hold
|
|
|
|
|
17 Oct 2024
|
Bajaj Auto
|
Prabhudas Lilladhar
|
8689.50
|
11859.00
|
10119.45
(-14.13%)
|
36.48 |
Hold
|
|
|
|