|
16 Jul 2025 |
Bajaj Auto
|
Consensus Share Price Target
|
8311.00 |
9258.46 |
- |
11.40 |
hold
|
|
|
|
|
25 Jan 2024
|
Bajaj Auto
|
Motilal Oswal
|
8311.00
|
6775.00
|
7597.50
(9.39%)
|
|
Neutral
|
|
|
|
|
25 Jan 2024
|
Bajaj Auto
|
Axis Direct
|
8311.00
|
7050.00
|
7597.50
(9.39%)
|
|
Hold
|
|
|
Valuation appears stretched (stock is currently trading at 25x 12MF consensus P/E), and as a result, we downgrade to HOLD from BUY.
|
|
09 Jan 2024
|
Bajaj Auto
|
Axis Direct
|
8311.00
|
|
7093.90
(17.16%)
|
|
Strategy Note
|
|
|
Bajaj Auto Ltd- (BUYABCK)
|
|
02 Jan 2024
|
Bajaj Auto
|
Sharekhan
|
8311.00
|
7567.00
|
6986.50
(18.96%)
|
Target met |
Buy
|
|
|
|
|
30 Oct 2023
|
Bajaj Auto
|
Geojit BNP Paribas
|
8311.00
|
5636.00
|
5308.90
(56.55%)
|
Target met |
Hold
|
|
|
|
|
19 Oct 2023
|
Bajaj Auto
|
BOB Capital Markets Ltd.
|
8311.00
|
5139.00
|
5482.60
(51.59%)
|
|
Hold
|
|
|
Healthy product mix in 2Ws and buoyancy in 3Ws aid 6% YoY increase in Q2 revenue
|
|
19 Oct 2023
|
Bajaj Auto
|
ICICI Securities Limited
|
8311.00
|
5671.00
|
5137.35
(61.78%)
|
Target met |
Accumulate
|
|
|
Bajaj Auto (BJAUT)’s Q2FY24 EBITDA margin at 19.8%, up 80bps QoQ, was higher than Street’s estimate of 19.4%. The increase in margin was due to lower commodity cost and better product mix. BJAUT expects to drive profitable growth ahead via: 1) growth in 125cc+ segment; ii) sustaining 80%+ market share in ICE 3Ws and expanding further in e3Ws; iii) steady export recovery across markets; iv) expanding Chetak to >10k units per month; and v) scaling up Triumph/KTM in India/exports.
|
|
19 Oct 2023
|
Bajaj Auto
|
SMC online
|
8311.00
|
|
5482.60
(51.59%)
|
|
Results Update
|
|
|
|
|
19 Oct 2023
|
Bajaj Auto
|
Axis Direct
|
8311.00
|
5900.00
|
5482.60
(51.59%)
|
Target met |
Buy
|
|
|
Competitive position in the 125cc+ segment, expanding premium MC, E2W portfolio and focus on E3Ws provides operational levers to maintain margins. Gradual exports pick up reaffirms our BUY rating on the stock.
|
|
18 Oct 2023
|
Bajaj Auto
|
Prabhudas Lilladhar
|
8311.00
|
4800.00
|
5137.35
(61.78%)
|
|
Sell
|
|
|
|