|
18 Apr 2025 |
Bajaj Auto
|
Consensus Share Price Target
|
8018.00 |
9559.15 |
- |
19.22 |
buy
|
|
|
|
|
18 Jul 2024
|
Bajaj Auto
|
Motilal Oswal
|
8018.00
|
8695.00
|
9626.20
(-16.71%)
|
Target met |
Neutral
|
|
|
BJAUT’s 1QFY25 performance was in line with our estimates. Margins remained stable QoQ, despite EV ramp-up, due to PLI accrual and favorable forex.
|
|
17 Jul 2024
|
Bajaj Auto
|
BOB Capital Markets Ltd.
|
8018.00
|
9286.00
|
9718.35
(-17.50%)
|
Target met |
Hold
|
|
|
BJAUT's Q1FY25 revenue jumped 16% YoY (4% QoQ) to Rs 119bn aided by volume growth of 7% and favourable mix aiding faster growth
|
|
17 Jul 2024
|
Bajaj Auto
|
Emkay
|
8018.00
|
8300.00
|
9718.35
(-17.50%)
|
Target met |
Sell
|
|
|
BJAUT reported a steady Q1 (revenue/EBITDA up 16%/24% YoY; 20.2% EBITDA margin, aided by 50bps accrual of PLI benefit). Domestic 2W prospects are healthy, though BJAUT’s position has slipped now (also in the 125cc motorcycle); response to newly-launched CNG motorcycle needs to be watched.
|
|
17 Jul 2024
|
Bajaj Auto
|
Prabhudas Lilladhar
|
8018.00
|
10326.00
|
9718.35
(-17.50%)
|
Target met |
Accumulate
|
|
|
|
|
17 Jul 2024
|
Bajaj Auto
|
ICICI Direct
|
8018.00
|
9875.00
|
9718.35
(-17.50%)
|
Target met |
Hold
|
|
|
|
|
16 Jul 2024
|
Bajaj Auto
|
Sharekhan
|
8018.00
|
11400.00
|
9718.35
(-17.50%)
|
Target met |
Buy
|
|
|
Improved motorcycle sales mix and gross margin (+190 bps YoY) resulted in 4.8%/2.7% beat in EBITDA and APAT estimates.
|
|
21 Jun 2024
|
Bajaj Auto
|
Prabhudas Lilladhar
|
8018.00
|
9984.00
|
9602.25
(-16.50%)
|
Target met |
Hold
|
|
|
|
|
07 Jun 2024
|
Bajaj Auto
|
Asit C Mehta Investment Intermediates
|
8018.00
|
11160.00
|
9725.55
(-17.56%)
|
Target met |
Buy
|
|
|
We initiate coverage on Bajaj Auto Ltd. (BJAUT) with a “BUY” recommendation and a target price of Rs 11,160 based on SOTP valuation. We value the standalone business at 30x FY26E EPS of Rs 367.6 and add Rs 127 for the stake held in Pierer Mobility AG.
|
|
24 Apr 2024
|
Bajaj Auto
|
SMC online
|
8018.00
|
|
8697.10
(-7.81%)
|
|
Results Update
|
|
|
|
|
22 Apr 2024
|
Bajaj Auto
|
KRChoksey
|
8018.00
|
10263.00
|
8804.50
(-8.93%)
|
Target met |
Buy
|
|
|
For Q4FY24, BJAUT’s operating performance was slightly better than estimated as Revenue/ EBITDA/ PBT before share of associates were 3.9%/ 3.7%/ 3.1% higher than estimated, respectively. This was on account of better-than-estimated average realization per vehicle.
|