|
22 Sep 2025 |
Bajaj Auto
|
Consensus Share Price Target
|
8971.50 |
9291.37 |
- |
3.57 |
hold
|
|
|
|
|
19 Apr 2024
|
Bajaj Auto
|
BOB Capital Markets Ltd.
|
8971.50
|
6823.00
|
8795.75
(2.00%)
|
|
Sell
|
|
|
BJAUT: Spotless performance priced in by rich valuations. HDFCAMC: Another robust quarter but rich valuation caps upside. Metals & Mining: CRU meet takeaways: India steel to gain demand support in H2. Metals & Mining: China's steel industry needs structural readjustment: Valin Steel
|
|
16 Feb 2024
|
Bajaj Auto
|
SBI Securities
|
8971.50
|
|
8123.05
(10.44%)
|
|
Strategy Note
|
|
|
The buyback is through tender offer route. Small shareholders mean shareholders with holding value of less than Rs 2,00,000 as on the specified date.
|
|
27 Jan 2024
|
Bajaj Auto
|
BOB Capital Markets Ltd.
|
8971.50
|
6272.00
|
7597.50
(18.08%)
|
|
Sell
|
|
|
Q3 revenue grew 30% YoY backed by healthy domestic 2W volume growth and revival in exports
|
|
25 Jan 2024
|
Bajaj Auto
|
SMC online
|
8971.50
|
|
7597.50
(18.08%)
|
|
Results Update
|
|
|
|
|
25 Jan 2024
|
Bajaj Auto
|
Motilal Oswal
|
8971.50
|
6775.00
|
7597.50
(18.08%)
|
|
Neutral
|
|
|
|
|
25 Jan 2024
|
Bajaj Auto
|
Axis Direct
|
8971.50
|
7050.00
|
7597.50
(18.08%)
|
|
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
|
8971.50
|
|
7093.90
(26.47%)
|
|
Strategy Note
|
|
|
Bajaj Auto Ltd- (BUYABCK)
|
|
02 Jan 2024
|
Bajaj Auto
|
Sharekhan
|
8971.50
|
7567.00
|
6986.50
(28.41%)
|
Target met |
Buy
|
|
|
|
|
30 Oct 2023
|
Bajaj Auto
|
Geojit BNP Paribas
|
8971.50
|
5636.00
|
5308.90
(68.99%)
|
Target met |
Hold
|
|
|
|
|
19 Oct 2023
|
Bajaj Auto
|
ICICI Securities Limited
|
8971.50
|
5671.00
|
5137.35
(74.63%)
|
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.
|