Bajaj Auto Ltd Analyst Rating
based on 39 analysts
48.72%
Buy
25.64%
Hold
25.64%
Sell
Based on 39 analysts offering long term price targets for Bajaj Auto Ltd. An average target of ₹10633.15
Source: S&P Global Market Intelligence
Bajaj Auto Ltd Share analysis
Bajaj Auto Ltd price forecast by 39 analysts
Upside of23.91%
High
₹14000
Target
₹10633.15
Low
₹7225
Bajaj Auto Ltd target price ₹10633.15, a slight upside of 23.91% compared to current price of ₹8581.4. According to 39 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Bajaj Auto Ltd revenue growth forecast
Expected growth rate Q1, FY2027:51.61%
Forecast
Actual
Including amortisation and stock based compensations
Bajaj Auto Ltd EPS growth forecast
EPS estimate Q1, FY2027:49.59%
Forecast
Actual
Source: S&P Global Market Intelligence
Bajaj Auto Ltd Performance
Day's Low
Day's High
₹8,531.3Day's Price Range₹8,666.652 Week's Low
52 Week's High
₹6,936.5552-Week Price Range₹12,774
| Returns % | |
| 1 Month Return | -4.19 % |
| 3 Month Return | -14.73 % |
| 1 Year Return | + 21.14 % |
| Market Stats | |
| Previous Close | ₹8,581.95 |
| Open | ₹8,565.85 |
| Volume | 1.83L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹2,39,657.48Cr |
Bajaj Auto Ltd Key Statistics
| P/E Ratio | 32.7 |
| PEG Ratio | 1.6 |
| Market Cap | ₹2,39,657.48 Cr |
| P/B Ratio | 10.27 |
| EPS | 276.1 |
| Dividend Yield | 0.87 |
| Sector | Automobile |
| ROE | 29.74 |
Bajaj Auto Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹2,39,657.48 Cr | 35.3% | 0.52 | ₹7,708 Cr | ₹44,870 Cr | |
| BUY | ₹81,481.81 Cr | 13.93% | 0.52 | ₹3,742 Cr | ₹37,788 Cr | |
| BUY | ₹1,38,376.58 Cr | 26.92% | 0.53 | ₹4,001 Cr | ₹16,535 Cr | |
| HOLD | ₹1,08,227.22 Cr | 77.87% | 0.61 | ₹1,778 Cr | ₹39,144 Cr |
Bajaj Auto Ltd Mutual Fund Holdings
About Bajaj Auto Ltd
Bajaj Auto Ltd has two main lines of business: two-wheelers and three-wheelers. Their two-wheeler range includes scooters, motorcycles and mopeds. Their three-wheeler range includes passenger carriers, goods carriers, auto rickshaws and electric rickshaws.
Bajaj Auto Ltd's top products include the Pulsar, Avenger, Discover, Platina, V, CT100, Boxer and the RE series. They also produce the Bajaj Qute, the world's first quadricycle. Bajaj Auto Ltd's popular brands include Bajaj, Bajaj Chetak, Bajaj V, Bajaj Platina, Bajaj Discover, Bajaj Pulsar and Bajaj Boxer.
Share Price: ₹8581.40 per share as on 17 Jan, 2025 04:01 PM
Market Capitalisation: ₹2,39,657.48Cr as of today
Revenue: ₹12,815.53Cr as on September 2024 (Q3 24)
Net Profit: ₹1,385.44Cr as on September 2024 (Q3 24)
Listing date: 26 May, 2008
Chairperson Name: Niraj Bajaj
| Organisation | Bajaj Auto Ltd |
| Headquarters | |
| Industry | Automobile |
| E-voting on shares | Click here to vote |
Key events for Bajaj Auto Ltd
Bajaj Auto Aims for Leadership in Electric Two-Wheelers - 17 Jan, 2025
Bajaj Auto is focusing on sustained leadership in electric two-wheelers, with plans for new platforms and significant investments in R&D. The company has seen strong sales growth, particularly with the Chetak e-scooter and the launch of the Bajaj Freedom CNG bike. Economic conditions may impact future growth, but recovery trends in various markets are promising.Bajaj Auto Reports Strong Sales Growth in FY2025 - 15 Jan, 2025
Bajaj Auto reported a significant 148% year-on-year increase in shipments, driven by the successful rollout of new Chetak models priced below Rs 100,000.Bajaj Auto Achieves Milestones and Partnerships - 14 Jan, 2025
Bajaj Auto has become the largest E2W seller, updated the Pulsar RS200 with new features, and partnered with the Indian Armed Forces for a rally promoting mental health.Bajaj Auto Launches Pulsar RS200 Amid Stock Decline - 13 Jan, 2025
Bajaj Auto launched the updated Pulsar RS200, marking its first significant update since 2015. However, the stock has declined 32% from its peak in September 2024.Bajaj Auto Announces Pulsar RS200 Upgrade Plans - 12 Jan, 2025
Bajaj Auto's Managing Director, Rajiv Bajaj, advocates for increased work hours among top management. The upgraded Bajaj Pulsar RS200 is set to launch in January 2025 with significant enhancements.Bajaj Auto Launches New Models and Updates - 11 Jan, 2025
Bajaj Auto's CEO highlights the importance of quality work. The company launched the upgraded Chetak electric scooter and the 2025 Pulsar RS200 motorcycle, enhancing their product lineup.Bajaj Auto Launches Updated Pulsar RS200 Motorcycle - 10 Jan, 2025
Bajaj Auto's stock was acquired following a significant correction, while the company launched the updated Pulsar RS200 motorcycle, enhancing its market presence.CLSA Upgrades Bajaj Auto Amid Stock Recovery - 09 Jan, 2025
CLSA upgraded Bajaj Auto to Overweight with a target price of ₹9,493, highlighting a recent stock correction and growth potential in the electric two-wheeler segment. The stock rose 3% following the upgrade, reflecting positive market sentiment.Bajaj Auto Faces Challenges Amid Sales Growth Concerns - 08 Jan, 2025
Bajaj Auto's stock faces pressure with a significant price target cut and declining shares. However, strong sales in the Pulsar segment and positive reception for the CNG bike offer some optimism.Bajaj Auto Teases New Pulsar, CNG Bike Success - 07 Jan, 2025
Bajaj Auto is set to launch the 2025 Pulsar RS200 with new features. Additionally, support for reduced GST on CNG bikes could enhance sales of its successful CNG motorcycle.Bajaj Auto Teases Launch of Updated Pulsar RS200 - 05 Jan, 2025
Bajaj Auto is set to reintroduce the Pulsar RS200 in India with significant upgrades, including a new engine, advanced features, and modern styling. The launch is confirmed for this week.Bajaj Auto Discontinues Pulsar F250 Due to Sales - 04 Jan, 2025
Bajaj Auto has discontinued the Pulsar F250 motorcycle in India due to low sales figures, despite its superior features compared to the older F220 model.Bajaj Auto Faces Challenges Amid Strategic Changes - 03 Jan, 2025
Bajaj Auto's stock sees mixed signals as it discontinues underperforming models, reports declining profits, but leads in electric two-wheeler sales and receives positive analyst recommendations.Bajaj Auto Faces Profit Drop but Exports Shine - 02 Jan, 2025
Bajaj Auto experienced a 31.4% drop in quarterly profit, leading to a 'Sell' downgrade. However, the stock rose 3.95% amid broader gains, and exports, especially in Latin America, showed strong growth. The company is also expanding its electric two-wheeler market presence with the Chetak Electric scooter.Bajaj Auto Faces Sales Decline Amid Export Optimism - 01 Jan, 2025
Bajaj Auto's December 2024 sales fell 1% YoY, with domestic two-wheeler sales down 19%. Despite this, exports rose 15%, and analysts remain optimistic about future growth.Bajaj Auto Teases New Model Amid Earnings Announcement - 31 Dec, 2024
Bajaj Auto has teased a new Pulsar model, speculating between an RS200 refresh or a new RS400. The company will announce Q3 FY25 earnings on January 28, 2025, while the stock has seen a significant decline from its peak despite earlier gains in 2024.Bajaj Auto Shares Drop Amid Sales Decline - 30 Dec, 2024
Bajaj Auto's shares fell close to 5% following an 8% year-on-year decline in domestic sales for October 2024, despite a rise in exports.Bajaj Auto Reports Strong Sales for Chetak EV - 29 Dec, 2024
Bajaj Auto has sold over 10,000 Chetak electric vehicles through e-commerce platforms, with a market share of 26.7% in the electric two-wheeler segment. The company plans to export Chetak in FY26 and recently launched the advanced Chetak 35 series.Bajaj Auto Reports Strong Revenue Growth - 28 Dec, 2024
Bajaj Auto Limited's shares closed at Rs. 8,953, up 0.84%. The company reported a 22% revenue increase from Rs. 10,838 Crores to Rs. 13,247 Crores in Q2FY25, with profits rising to Rs. 2,020 Crores.Bajaj Auto Receives Upgrade Amid New Electric Launch - 27 Dec, 2024
Bajaj Auto's stock received a positive upgrade from DAM Capital, targeting ₹9,750, amid expectations of recovery in the auto sector. The company also launched the Chetak 35 electric two-wheeler series, enhancing its urban market presence. Overall two-wheeler volumes are projected at 310,000 units, indicating strong performance.
Insights on Bajaj Auto Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTFII Holding Up
Foreign Institutions have increased holdings from 14.20% to 14.31% in Sep 2024 quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 3 quarters, 11.99K Cr → 13.64K Cr (in ₹), with an average increase of 6.2% per quarter
NO EFFECTAgainst Peers
In the last 3 years, Mahindra & Mahindra Ltd has given 240.4% return, outperforming this stock by 90.0%
- NO EFFECT
Against Peers
In the last 1 year, Mahindra & Mahindra Ltd has given 83.4% return, outperforming this stock by 66.2%
NEGATIVE IMPACTPrice Dip
In the last 3 months, BAJAJ-AUTO stock has moved down by -27.8%
- NEGATIVE IMPACT
Promoter Holding Down
Promoters have decreased holdings from 55.06% to 55.04% in Sep 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 4 quarters, 2.03K Cr → 1.38K Cr (in ₹), with an average decrease of 11.1% per quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 21.93% to 21.88% in Sep 2024 quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 5.37% to 5.34% in Sep 2024 quarter
News
Auto Expo 2025: Day 2 Filled With Exciting Launches
Bajaj will also be showcasing some new products. We can expect them to show the newly launched Pulsar, add some updates to their existing lineup and also showcase an upcoming adventure motorcycle.18 Jan, 2025 09:08 AMBharat Mobility Global Expo 2025 Highlights India's Automotive Growth
the likes of Hero MotoCorp, TVS Motor, Bajaj Auto, Honda, Suzuki and Yamaha had turned out and it was clearly an impressive display of motorcycles and scooters while sending across the message of electrification.18 Jan, 2025 08:57 AMBajaj Auto Aims for Leadership in Electric Two Wheelers at Auto Expo 2025
The two wheeler industry has been the most enthusiastic adopter of electric and Bajaj Auto has been one of the legacy OEMs grabbing share from electric-first manufacturers. Sales of the Bajaj Chetak grew exponentially through 2024, and in December, the company was briefly number one, ahead of the erstwhile market leaders. Executive Director Rakesh Sharma tells ETAutos Contributing Editor, Sindhu Bhattacharya, that a range of new platforms have been lined up over the next few months in electric and Bajaj is aiming for a sustained leadership position. Sharma also says that for vehicles running on other alternate fuels, the two wheeler industry is ready but everything depends on the final pricing and the cost arbitrage with other fuels. Widespread availability is also an important factor in the adoption of ethanol. Also, if economic growth stalls and two wheeler purchases are postponed in the coming fiscal year, industry growth will be muted. The two wheeler industry is yet to touch the peak of FY18-19. Sharma: We are showcasing our latest innovation, the Bajaj Freedom, which is the worlds first CNG bike with bi-fuel capability. It halves commuting costs, reduces carbon emissions, it can go over 300 km, has the longest seat in its class. And all this, in a safe, standout design. It has been about five months since the launch and over 70,000 units have been billed. The bike has been received very enthusiastically by the customers, dealers, auto journalists and the gas distribution companies as well. It is delivering to design and was in fact voted Bike of the Year by a premier Auto Media platform. We are working towards steadily improving the rate of adoption and drive acceptance at mass level. Sharma: Indeed we have readiness for both motorcycles and three wheelers. The consumer benefit is, of course, lower fuel costs which will translate into a lower commute bill. But that obviously depends on the final pricing and the cost arbitrage with other fuels. Widespread availability is also an important factor in the adoption of ethanol. Sharma: Indeed Chetak has been the fastest growing E Scooter this year and we did achieve the number one position in December, up from number five at the start of the year! We have lined up a range of new platforms in the next few months through which we expect to drive for leadership on a sustainable basis. Sharma: Overall we have thus far invested over Rs 800 crore in our 2w and 3w EV area in R&D, Manufacturing and other functions. This has given us a robust platform from which to build a large, global and profitable business. Irrespective of pedigree the successes companies will need to ensure reliable and differentiated products and deliver a great customer experience on a sustained basis and make money while doing so. Sharma: Segmental level structures shift gradually and it is incorrect to make longer term interpretations based on very short term occurrences. The longer term, say five-year trend, in motorcycles suggests a firm shift from 100 cc bikes to the 125cc + bikes by as much as 4-5 percentage points. Sharma: Certainly if the economic backdrop for our type of customers, who mostly earn about Rs 40-60,000 per month, becomes difficult then the purchases are postponed and growth will be muted. The industry is yet to touch the peak of FY 18-19. Sharma: We have been recovering quite well and steadily in FY 25 after the sharp falls of FY 22-23. We expect the growth rates over previous years to continue as they are doing, driven by Latin America which is now the largest region amongst emerging markets for motorcycles and where we have a great position across almost all markets with Brazil being our latest entry. Recovery in ASEAN and parts of Asia is also good. Africa is recovering too but I would say the situation there needs to be watched for macroeconomic headwinds. Sharma: Currently e-scooters are about 18-20% of ICE scooters and growing at about 30%. It would be speculative to forecast a precise rate of penetration due to the multiple variables driving it. Our focus is to build capabilities to respond fast to emergent scenarios rather than try and anticipate them accurately.17 Jan, 2025 01:30 PMBajaj Auto Ltd Financials
Index Inclusions
Bajaj Auto Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 55.04% | ||
| Foreign Institutions | 14.31% | 0.82 | |
| Mutual Funds | 5.34% | ||
| Retail Investors | 21.88% | ||
| Others | 3.42% |
Bajaj Auto Ltd Key Indicators
Bajaj Auto Ltd Valuation
Bajaj Auto Ltd in the last 5 years
Lowest (10.63x)
March 23, 2020
Today (32.70x)
January 17, 2025
Industry (35.69x)
January 17, 2025
Highest (47.05x)
September 30, 2024
Bajaj Auto Ltd Earnings and Dividends
Bajaj Auto Ltd Earnings Results
Bajaj Auto Ltd’s net profit fell -31.42% since last year same period to ₹1,385.44Cr in the Q2 2024-2025. On a quarterly growth basis, Bajaj Auto Ltd has generated -28.65% fall in its net profits since last 3-months.
Read More about Earnings ResultsBajaj Auto Ltd Dividends April,2024
In the quarter ending March 2024, Bajaj Auto Ltd has declared dividend of ₹80 - translating a dividend yield of 2.56%.
Read More about Dividends
Bajaj Auto Ltd Technicals Summary
Bearish
Neutral
Bullish
Bajaj Auto Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on Bajaj Auto Ltd
Bajaj Auto Ltd share price today stands at ₹8581.4, Open. ₹8565.85 ; Previous Close. ₹8581.95 ; High. ₹8666.6 ; Low. ₹8531.3 ; 52 Week High. ₹12774 ; 52 Week Low: ₹6936.55.
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Bajaj Auto Ltd is listed on NSE
Bajaj Auto Ltd is listed on BSE
- Today’s highest price of Bajaj Auto Ltd is ₹8666.6.
- Today’s lowest price of Bajaj Auto Ltd is ₹8531.3.
PE Ratio of Bajaj Auto Ltd is 32.7
PE ratio = Bajaj Auto Ltd Market price per share / Bajaj Auto Ltd Earnings per share
Today’s traded volume of Bajaj Auto Ltd(BAJAJ-AUTO) is 1.83L.
Today’s market capitalisation of Bajaj Auto Ltd(BAJAJ-AUTO) is ₹239657.48Cr.
| Bajaj Auto Ltd(BAJAJ-AUTO | Price |
|---|---|
52 Week High | ₹12774 |
52 Week Low | ₹6936.55 |
Bajaj Auto Ltd(BAJAJ-AUTO) share price is ₹8581.4. It is down -32.82% from its 52 Week High price of ₹12774
Bajaj Auto Ltd(BAJAJ-AUTO) share price is ₹8581.4. It is up 23.71% from its 52 Week Low price of ₹6936.55
| Bajaj Auto Ltd(BAJAJ-AUTO | Returns |
|---|---|
1 Day Returns | -0.55% |
1 Month Returns | -4.19% |
3 Month Returns | -14.73% |
1 Year Returns | 21.14% |