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Bajaj Auto Ltd (BAJAJ-AUTO)

₹9260.21.3%

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Overview
News
Financials
Q1 2024 Results
Technicals
F&O

Analyst Rating

based on 42 analysts

HOLD

42.86%

Buy

23.81%

Hold

33.33%

Sell

Based on 42 analysts offering long term price targets for Bajaj Auto Ltd. An average target of ₹9398.88

Source: S&P Global Market Intelligence

Bajaj Auto Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹9,250
    ₹9,372.7
  • 52 Week's Low

    52 Week's High

    ₹4,541
    ₹10,038.8
1 Month Return-3.72 %
3 Month Return+ 7.88 %
1 Year Return+ 92.16 %
Previous Close₹9,382.50
Open₹9,360.00
Volume2.83L
Upper Circuit-
Lower Circuit-
Market Cap₹2,61,940.41Cr

Key Statistics

P/E Ratio33.03
PEG Ratio0.62
Market Cap₹2,61,940.41 Cr
P/B Ratio10.27
EPS180.11

Mutual Fund Holdings

Funds HoldingsPrev. 6M
Axis Bluechip Fund Direct Plan GrowthAxis Bluechip Fund Direct Plan Growth2.57%
Axis Focused Fund Direct Plan Growth OptionAxis Focused Fund Direct Plan Growth Option4.62%
Axis ELSS Tax Saver Fund Direct Plan Growth OptionAxis ELSS Tax Saver Fund Direct Plan Growth Option1.27%
SBI Automotive Opportunities Fund Direct GrowthSBI Automotive Opportunities Fund Direct Growth7.54%
UTI Nifty200 Momentum 30 Index Fund Direct GrowthUTI Nifty200 Momentum 30 Index Fund Direct Growth4.87%

Company Information

Bajaj Auto Ltd is an Indian multinational two-wheeler and three-wheeler manufacturing company founded in 1945. It is the world's largest three-wheeler manufacturer and the second-largest two-wheeler manufacturer.

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: ₹9260.20 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹2,61,940.41Cr as of today
Revenue: ₹11,557.97Cr as on June 2024 (Q2 24)
Net Profit: ₹1,941.79Cr as on June 2024 (Q2 24)
Listing date: 26 May, 2008
Chairperson Name: Niraj Bajaj
OrganisationBajaj Auto Ltd
Headquarters
IndustryAutomobile
E-voting on sharesClick here to vote
Avenger Share Price
Platina Share Price
Bajaj Dominar Share Price
Baja Auto Share Price
KTM Share Price
Pulsar Share Price
Dominar Share Price

Key events for Bajaj Auto Ltd

  • Mixed Day for Bajaj Auto Stock Amidst Budget Announcements and Sales Milestone - 23 Jul, 2024

    Bajaj Auto's Chetak electric scooter achieves significant milestone while budget announcements and rural demand boost stock prices. However, Motilal Oswal rates the stock as Neutral due to uncertainty in exports.

  • Bajaj Auto Launches World's First CNG Motorcycle; Market Share Jumps Ahead of Rivals - 22 Jul, 2024

    Bajaj Auto is demonstrating stable operating margins, while TVS Motor and Bajaj's combined market share has jumped to 38%. Additionally, Bajaj Auto launched the world's first CNG motorcycle, Freedom 125.

  • Bajaj Auto Partners with Flipkart for Online Motorcycle Sales - 20 Jul, 2024

    Bajaj Auto has partnered with Flipkart to allow customers to purchase or reserve selected Bajaj motorcycles online. The company has also teamed up with HDFC and Axis banks, offering customers additional discounts and other benefits.

  • Bajaj Auto Reports Strong Growth and Launches New Products - 19 Jul, 2024

    Bajaj Auto reported strong Q1 FY25 results with a 14% YoY topline growth and the launch of a new CNG-powered entry-level bike. The company also expanded its motorcycle range on Flipkart with special launch offers. Bajaj's stock

  • Bajaj Auto Launches World's First CNG Motorcycle; Reports Strong Q1 FY25 Earnings Despite Bearish Calls - 18 Jul, 2024

    Bajaj Auto launches the world's first CNG motorcycle, Freedom 125, and reports strong Q1 FY25 earnings despite bearish calls from UBS, Macquarie, and CLSA. The company expects better product mix and improving realisations to help maintain margins despite the increasing share of margin-diluting EV business.

  • Bajaj Auto Reports Strong Q1 Results - 17 Jul, 2024

    Bajaj Auto reported strong Q1 results with a significant increase in both topline and profit YoY. However, exports dropped by 40% in Africa. As of July 17, 2024, out of 39 analysts covering the company, 7 have given a Strong Sell rating, 5 have given a Sell rating, 10 have given a Hold rating, 9 have given a Buy rating, and 8 have given a Strong Buy rating.

  • Bajaj Auto Reports Strong Q1 Results - 16 Jul, 2024

    Bajaj Auto's Q1FY25 net profit jumps 19.43% YoY to Rs 1,988 crore with an improved EBITDA margin of 20.2%. The company also reported a 16% YoY increase in revenue from operations. Rajiv Bajaj stated that the company will focus on growth over profitability.

  • Analysts Expect Strong Q1 Results for Bajaj Auto - 15 Jul, 2024

    Bajaj Auto is expected to report robust double-digit revenue growth driven by volume recovery and considerable margin improvement YoY. Analysts anticipate a surge in net profit and sales, with EBITDA margins expanding due to richer product mix and operating leverage benefits.

  • Bajaj Auto to Announce Q1FY25 Results on July 16 - 14 Jul, 2024

    Bajaj Auto Limited is set to announce its quarterly results for the quarter ended Q1FY25 on July 16, 2024. The company's Revenue from Operations grew by 23.08% from FY23 to FY24, accompanied by profits of Rs. 7,708 Crores.

  • Bajaj Auto Competes in E-Two-Wheeler Segment; TSR Exceeds Share Price Return - 13 Jul, 2024

    Bajaj Auto and TVS Motor Company have captured over 38% of the e-two-wheeler market share, competing with Ola Electric. Bajaj Auto's TSR for the last five years exceeds its share price return due to dividend payments, while it has grown EPS at 10% annually.

  • Bajaj Auto Launches World's First CNG Motorcycle Amidst Competition - 12 Jul, 2024

    Bajaj Auto faces competition as TVS tests a CNG-powered Jupiter scooter while Bajaj launches the world's first CNG motorcycle, the Bajaj Freedom 125.

  • Bajaj Auto Faces Setback as Supreme Court Rejects Plea - 10 Jul, 2024

    The Supreme Court has rejected Bajaj Auto's request to lift the cap on three-wheelers registered in New Delhi. The company is focusing on growth in the three-wheeler segment driven by e-autos and the expansion of CNG networks. Additionally, Bajaj Auto recently launched the world's first CNG motorcycle, which offers a reduced fuel bill for consumers.

  • Bajaj Auto Launches World's First CNG Motorcycle; Nuvama Issues Buy Call - 09 Jul, 2024

    Bajaj Auto has launched the world's first CNG motorcycle, the Freedom 125. Nuvama Institutional Equities has issued a buy call on Bajaj Auto with a potential upside of 26%. Bajaj Auto's share in 110-125cc sales increases to 27%, sees huge addressable market in 125cc space.

  • Mixed Sentiments for Bajaj Auto After Launching CNG Bike - 08 Jul, 2024

    Bajaj Auto launched the world's first CNG-integrated motorcycle, Freedom 125, causing mixed sentiments among analysts. JM Financial has a buy call with a target price of Rs 10850 while UBS assigned a sell rating with a target price of Rs 6250. CareEdge Ratings expect the two-wheeler industry to sustain a steady volume growth rate of around 7-9% in FY25.

  • Bajaj Auto Launches CNG-Powered Motorcycle; Advocates for GST Reduction on Cleaner Fuel Vehicles - 07 Jul, 2024

    Bajaj Auto has launched the world's first CNG-powered motorcycle, offering pocket-friendly running costs and a 50% mileage boost. The company's MD also advocated for GST reduction on cleaner fuel vehicles ahead of the upcoming Union Budget 2024.

  • Bajaj Launches World's First CNG Motorcycle - 06 Jul, 2024

    Bajaj Auto has launched the world's first compressed natural gas (CNG) motorcycle, called Freedom, which promises to halve daily riding expenses and is priced aggressively. The bike has a total range of 330 km and Bajaj claims that it would drop down the running cost by 50%.

  • Bajaj Auto Launches World's First CNG Motorcycle - 05 Jul, 2024

    Bajaj Auto has launched the world's first CNG motorcycle, Freedom 125, priced between ₹95,000 and ₹1,10,000. The company has urged the government to reduce the Goods and Services Tax (GST) on two-wheelers from 28% to 12%. With a capacity to make 10,000 bikes a month initially, it would be available in Maharashtra and Gujarat before being rolled out across India.

  • Bajaj Auto Launches World's First CNG Motorcycle - 04 Jul, 2024

    Bajaj Auto is set to disrupt the entry-level segment of motorcycles with the launch of the world's first CNG motorcycle, named the Freedom 125, on July 5, 2024. With rising fuel prices and inflation, this dual-fuel capability is expected to provide significant savings.

  • Bajaj Auto Launches First Mass-Produced CNG Motorcycle - 03 Jul, 2024

    Bajaj Auto is set to launch the Bruzer, India's first mass-produced CNG motorcycle, on July 5. The company aims to appeal to economy-conscious riders seeking efficient and affordable transportation solutions. Bajaj also expects to outpace industry growth in Q1 FY25 despite challenges like 28% GST.

  • Bajaj Auto Expects Domestic Growth Despite Export Challenges - 02 Jul, 2024

    Bajaj Auto expects domestic retail growth of 6-8% in Q2 despite export market challenges in South Asia and Nigeria. The company has sold 50,000 units of its India-produced motorcycles with potential for further sales due to anniversary discounts.

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.

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 5.01% to 5.37% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, BAJAJ-AUTO has outperformed top 5 stocks with highest market-cap in Auto & Truck Manufacturers

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 6 months, BAJAJ-AUTO stock has moved up by 30.1%

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 21.88% to 21.93% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 11.99K Cr → 12.26K Cr (in ₹), with an average increase of 2.2% per quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 55.06% of holdings in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Mahindra & Mahindra Ltd has given 274.0% return, outperforming this stock by 129.5%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 14.52% to 14.20% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 3 quarters, 2.03K Cr → 1.94K Cr (in ₹), with an average decrease of 2.3% per quarter

Bajaj Auto Ltd Infographics

Bajaj Auto Ltd Q1 FY2024-2025 Results: Key Insights

Bajaj Auto has announced its Q1FY25 earnings, highlighting key performance metrics for the quarter.

  • Bajaj Auto has announced its Q1FY25 earnings, highlighting key performance metrics for the quarter.
  • Two-wheeler major Bajaj Auto's consolidated net profit rose 18% YoY to ₹1941.8 crore
  • Net interest income rose 12.2% at ₹2,244 crore
  • Bajaj Auto's expenses for the quarter were up by 3% QoQ and 14% YoY.

News

Axis Bank Q1FY25: Net profit grows 4% YoY to Rs 6,035 cr; NII grows 12% | Indiablooms - First Portal on Digital News Management

Axis Bank reported a 4% rise in its Q1FY25 net profit.

24 Jul, 2024 07:41 PM

Top news on 24 July: L&T and Axis bank Q1 results, Nepal plane crash, INDIA bloc protests Budget 2024, and more

Top news on 24 July: From quarter one results of L&T, Axis Bank to fa fatal plane crash in Nepal’s Kathmandu, several newsmakers dominated 24 July. Take a l... Read more

24 Jul, 2024 07:43 PM

STT hike is a step forward but not sufficient alone to curb F&O speculation, says Axis AMC CIO

Ashish Gupta, Chief Investment Officer of Axis AMC suggested that additional measures beyond taxation could be explored to effectively address speculation and e... Read more

24 Jul, 2024 07:54 PM
View More

Company Financials

Value in ₹ crore
Q'2 24Q/Q Change
Revenue
₹11,557.97Cr
↑2.74%
Net Income
₹1,941.79Cr
↓3.46%
Net Profit Margin
16.80%
↓6.04%
2024Y/Y Change
Revenue
₹44,870.43Cr
↑23.08%
Net Income
₹7,708.24Cr
↑27.19%
Net Profit Margin
17.18%
↑3.37%
Value in ₹ crore
2024Y/Y Change
Total Assets
₹34,338.02Cr
↑10.02%
Total Liabilities
₹9,477.52Cr
↑63.81%
Value in ₹ crore
2024Y/Y Change
Operating Cash Flow
₹7,478.27Cr
↑35.68%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
55.06%
0.00
Foreign Institutions
14.2%
-2.25
Mutual Funds
5.37%
7.13
Retail Investors
21.93%
0.26
Others
3.45%
-2.42

Key Indicators

Bajaj Auto Ltd Valuation

Bajaj Auto Ltd in the last 5 years

  • Overview

  • Trends

Lowest (10.63x)

March 23, 2020

Today (33.03x)

July 23, 2024

Industry (44.44x)

July 23, 2024

Highest (36.54x)

June 14, 2024

LowHigh

Earnings and Dividends

  • Bajaj Auto Ltd Earnings Results

    Bajaj Auto Ltd’s net profit jumped 18.1% since last year same period to ₹1,941.79Cr in the Q1 2024-2025. On a quarterly growth basis, Bajaj Auto Ltd has generated -3.46% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Bajaj Auto Ltd Dividends April,2024

    In the quarter ending March 2024, Bajaj Auto Ltd has declared dividend of ₹80 - translating a dividend yield of 2.34%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bearish

Bajaj Auto Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Bajaj Auto Ltd (BAJAJ-AUTO) share price today is ₹9260.2

Bajaj Auto Ltd is listed on NSE

Bajaj Auto Ltd is listed on BSE

  • Today’s highest price of Bajaj Auto Ltd is ₹9372.7.
  • Today’s lowest price of Bajaj Auto Ltd is ₹9250.

PE Ratio of Bajaj Auto Ltd is 33.03

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 2.83L.

Today’s market capitalisation of Bajaj Auto Ltd(BAJAJ-AUTO) is ₹261940.41Cr.

Bajaj Auto Ltd(BAJAJ-AUTOPrice
52 Week High
₹10038.8
52 Week Low
₹4541

Bajaj Auto Ltd(BAJAJ-AUTO) share price is ₹9260.2. It is down -7.76% from its 52 Week High price of ₹10038.8

Bajaj Auto Ltd(BAJAJ-AUTO) share price is ₹9260.2. It is up 103.92% from its 52 Week Low price of ₹4541

Bajaj Auto Ltd(BAJAJ-AUTOReturns
1 Day Returns
-122.3%
1 Month Returns
-3.72%
3 Month Returns
7.88%
1 Year Returns
92.16%