Bajaj Auto Shares Dip After Q4 Results, But Analysts See 16% Upside; Know Details
1 year, 7 months ago

Bajaj Auto Shares Dip After Q4 Results, But Analysts See 16% Upside; Know Details

News 18  

Shares of Bajaj Auto tanked 1.41 per cent to Rs 4,281 today after the company’s net profit fell 2.5 per cent on-year to Rs 1433 crore. The company’s revenue for the January-March quarter stood at Rs 8904.7 crore, up 12 per cent on-year, supported by the sustained momentum of the domestic business that delivered strong volume-led revenue growth. HDFC Institutional Equities, which has the lowest target among 16 brokerages, said the domestic motorcycle industry continues to see demand weakness and noted that the Bajaj Auto management has guided for 6-8 per cent industry volume growth over next few quarters. On balance, we retain ‘HOLD’ with a target price of Rs 4,400 based on an uptick in FY24E/25E EPS by 6 per cent/5 per cent,” said analysts at Nuvama Research.

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History of this topic

Bajaj Auto Share Price Today on 29-11-2024: Bajaj Auto share price are up by 0.5%, Nifty up by 0.88%
3 weeks, 3 days ago

Bajaj Auto Share Price Today on 29-11-2024: Bajaj Auto share price are up by 0.5%, Nifty up by 0.88%

Live Mint  

Bajaj Auto Share Price Today on 29-11-2024: At 29 Nov 11:24 today, Bajaj Auto shares are trading at price ₹9058.2, 0.5% up from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Bajaj Auto stock plummets to 4-month low, slides 29% from recent peak. Can it fall more?
3 weeks, 4 days ago

Bajaj Auto stock plummets to 4-month low, slides 29% from recent peak. Can it fall more?

Live Mint  

Shares of Bajaj Auto, one of the leading manufacturers of two-wheelers, fell nearly 2% in trade on Thursday, November 28 to hit a 4-month low of ₹9,013 per share. Further contributing to the negative sentiment, Bajaj Auto reported weak domestic sales for October, with a year-on-year decline of 8%, dropping from 3.29 lakh units to 3.03 lakh units. Bajaj Auto …

Bajaj Auto Share Price Today on 27-11-2024: Bajaj Auto share price are up by 0.64%, Nifty up by 0.02%
3 weeks, 5 days ago

Bajaj Auto Share Price Today on 27-11-2024: Bajaj Auto share price are up by 0.64%, Nifty up by 0.02%

Live Mint  

Bajaj Auto Share Price Today on 27-11-2024: At 27 Nov 11:28 today, Bajaj Auto shares are trading at price ₹9198.35, 0.64% up from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Bajaj Auto Share Price Today on 26-11-2024: Bajaj Auto share price are down by -1.94%, Nifty up by 0.02%
3 weeks, 6 days ago

Bajaj Auto Share Price Today on 26-11-2024: Bajaj Auto share price are down by -1.94%, Nifty up by 0.02%

Live Mint  

Bajaj Auto Share Price Today on 26-11-2024: At 26 Nov 11:18 today, Bajaj Auto shares are trading at price ₹9243.35, -1.94% down from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Bajaj Finserv Share Price Today on 26-11-2024: Bajaj Finserv share price are down by -0.82%, Nifty down by -0.07%
Top News
3 weeks, 6 days ago

Bajaj Finserv Share Price Today on 26-11-2024: Bajaj Finserv share price are down by -0.82%, Nifty down by -0.07%

Live Mint  

Bajaj Finserv Share Price Today on 26-11-2024: At 26 Nov 11:00 today, Bajaj Finserv shares are trading at price ₹1592.2, -0.82% down from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Bajaj Auto Share Price Today on 25-11-2024: Bajaj Auto share price are up by 0.8%, Nifty up by 1.71%
4 weeks ago

Bajaj Auto Share Price Today on 25-11-2024: Bajaj Auto share price are up by 0.8%, Nifty up by 1.71%

Live Mint  

Bajaj Auto Share Price Today on 25-11-2024: At 25 Nov 11:06 today, Bajaj Auto shares are trading at price ₹9546.9, 0.8% up from the previous closing price. The stock will have support at 5 days SMA & face resistance at 10,20,50,100,300 days SMA The SMA values for the stock are given below : Days Simple Moving Average 5 9506.08 10 …

Bajaj Auto Share Price Today on 22-11-2024: Bajaj Auto share price are up by 0.1%, Nifty up by 1.24%
1 month ago

Bajaj Auto Share Price Today on 22-11-2024: Bajaj Auto share price are up by 0.1%, Nifty up by 1.24%

Live Mint  

Bajaj Auto Share Price Today on 22-11-2024: At 22 Nov 12:41 today, Bajaj Auto shares are trading at price ₹9516.95, 0.1% up from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Bajaj Finserv Share Price Today on 22-11-2024: Bajaj Finserv share price are up by 1.66%, Nifty up by 1.23%
1 month ago

Bajaj Finserv Share Price Today on 22-11-2024: Bajaj Finserv share price are up by 1.66%, Nifty up by 1.23%

Live Mint  

Bajaj Finserv Share Price Today on 22-11-2024: At 22 Nov 12:41 today, Bajaj Finserv shares are trading at price ₹1594.7, 1.66% up from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Hero MotoCorp vs Bajaj Auto: Which two-wheeler auto stock to buy after Q2 results?
1 month ago

Hero MotoCorp vs Bajaj Auto: Which two-wheeler auto stock to buy after Q2 results?

Live Mint  

Hero MotoCorp share price jumped over 5% on Monday after the two-wheeler major reported Q2 results that were largely in-line with Street estimates. Comparing Hero MotoCorp with Bajaj Auto, here’s a look at what analysts prefer: Hero MotoCorp vs Bajaj Auto: Which auto stock to buy? Analysts favor Hero MotoCorp shares over Bajaj Auto, citing the company's potential to capitalize …

Bajaj Auto Share Price Today on 12-11-2024: Bajaj Auto share price are down by -2.27%, Nifty down by -1.07%
1 month, 1 week ago

Bajaj Auto Share Price Today on 12-11-2024: Bajaj Auto share price are down by -2.27%, Nifty down by -1.07%

Live Mint  

Bajaj Auto Share Price Today on 12-11-2024: At 12 Nov 16:00 today, Bajaj Auto shares are trading at price ₹9689.05, -2.27% down from the previous closing price. On the technical front, the stock is trading above the 300 days SMA & lower than the 5,10,20,50,100 day SMA. The stock will have support at 300 days SMA & face resistance at …

Bajaj Auto Shares Soar 1.35%, Nifty Down 0.09% Today
1 month, 3 weeks ago

Bajaj Auto Shares Soar 1.35%, Nifty Down 0.09% Today

Live Mint  

Bajaj Auto shares are trading up by 1.35% today, with the Nifty down by -0.09%. The stock has hit a high of ₹9999 and a low of ₹9775.25 during the day, and is trading above the 300 days SMA & lower than the 5,10,20,50,100 day SMA. The stock has key support levels at ₹9628.68, ₹9417.37, & ₹9194.73, and key resistance …

Bajaj Finance shares fall as Q1 results disappoint brokerage firms; here’s what they said
4 months, 4 weeks ago

Bajaj Finance shares fall as Q1 results disappoint brokerage firms; here’s what they said

Live Mint  

Shares of Bajaj Finance dropped nearly 3 percent in intra-day trading on Wednesday after the non-banking financial company released its Q1 earnings report. Q1 Results Bajaj Finance reported a 14 percent increase in net profit for the June 2024 quarter, reaching ₹3,912 crore compared to ₹3,437 crore in the same quarter of 2023. Brokerage views Bajaj Finance reported a solid …

Bajaj Auto Q1 Results Live : profit rise by 18.1% YOY
5 months ago

Bajaj Auto Q1 Results Live : profit rise by 18.1% YOY

Live Mint  

Bajaj Auto Q1 Results Live : Bajaj Auto declared their Q1 results on 16 Jul, 2024, with the topline increasing by 15.71% and the profit increasing by 18.1% YoY. Bajaj Auto delivered 1.93% return in the last week, 33.24% return in the last 6 months, and 42.97% YTD return. As of 17 Jul, 2024, out of 39 analysts covering the …

Bajaj Auto Q1 results: Net profit rises 19% to ₹1,988 crore; revenue up 16% YoY. Check key highlights
5 months, 1 week ago

Bajaj Auto Q1 results: Net profit rises 19% to ₹1,988 crore; revenue up 16% YoY. Check key highlights

Live Mint  

Bajaj Auto, the two and three-wheeler manufacturer, on Tuesday reported a net profit of Rs1,988 crore in the first quarter of FY25, upon a revenue of ₹11,928 crore. Here are key highlights from Bajaj Auto Q1 Results: Net Profit Bajaj Auto Q1 net profit rose 19.4% to Rs1,988 crore from ₹1,665 crore in the year-ago quarter. Revenue Bajaj Auto's revenue …

Bajaj Auto share price rises 2% as sales jump 25% in March. Should you buy?
8 months, 3 weeks ago

Bajaj Auto share price rises 2% as sales jump 25% in March. Should you buy?

Hindustan Times  

Bajaj Auto share price: Shares of Bajaj Auto gained over 2 per cent today as the two-wheeler company clocked a 25 per cent jump in March sales. Bajaj Auto share price: Shares of Bajaj Auto rose 2.21 per cent to hit a high of ₹ 9,241.25 on BSE. Shares of Bajaj Auto rose 2.21 per cent to hit a high …

Bajaj Auto buyback opens today; Should you tender shares?
9 months, 2 weeks ago

Bajaj Auto buyback opens today; Should you tender shares?

Live Mint  

Bajaj Auto buyback opens: Bajaj Auto shares were on investors’ radar Wednesday as the two- and three-wheeler manufacturer’s share buyback program opened today. Analysts believe Bajaj Auto share buyback price of ₹10,000 is very attractive and short-term investors can tender their shares in the buyback program. Therefore, according to him, long-term investors should hold Bajaj Auto shares and not tender …

Bajaj Auto buyback for raising up to ₹4,000 crore to open on March 6
9 months, 2 weeks ago

Bajaj Auto buyback for raising up to ₹4,000 crore to open on March 6

Live Mint  

Bajaj Auto buyback: Bajaj Auto share buyback for raising up to ₹4,000 crore will open on March 6 and close on March 13. Bajaj Auto buyback price is set at ₹10,000 per share, which is around 24% higher than its Monday’s closing price of ₹8,042.75 apiece. The company’s board had approved to buyback up to 40,00,000 fully paid-up equity shares …

Bajaj Auto stock crosses ₹6,000 mark for the first time; up 66% in CY23 so far
1 year ago

Bajaj Auto stock crosses ₹6,000 mark for the first time; up 66% in CY23 so far

Live Mint  

Continuing their triumphant run for the 9th successive trading session, Bajaj Auto shares surged to a new historic high of ₹6,039 apiece in today's trading session, surpassing their previous high of ₹5,960 apiece. The stock began today's session at ₹5,969.80 apiece and remained flat throughout the day before gaining substantial momentum in the final hour of trade, breaching the significant …

Bajaj Finance share price drops over 2% post Q2 results; what should you do?
1 year, 2 months ago

Bajaj Finance share price drops over 2% post Q2 results; what should you do?

Live Mint  

Bajaj Finance share price: Bajaj Finance share price fell over 2 per cent in early trade on BSE on Wednesday, October 18, a day after the company reported its current fiscal's July-September quarter scorecard. Bajaj Finance share price opened at ₹8,080.95 against the previous close of ₹8,091.35 and dropped 2.05 per cent to the level of ₹7,925 quickly. From its …

Bajaj Auto Q2 Results Preview: Net profit may rise 13%; revenue seen up 5% YoY
1 year, 2 months ago

Bajaj Auto Q2 Results Preview: Net profit may rise 13%; revenue seen up 5% YoY

Live Mint  

Bajaj Auto, the two and three-wheeler manufacturer, will announce its financial results for the second quarter of FY24 on Wednesday, 18 October 2023. For Bajaj Auto, net profit in Q2FY24 is expected to rise 13.6% to ₹1,738 crore from ₹1,530 crore in the same quarter last year, as per average estimates of analysts. Analysts expect earnings before interest, tax, depreciation …

Bajaj Finance shares gain as Nomura sees 22% upside
1 year, 3 months ago

Bajaj Finance shares gain as Nomura sees 22% upside

Live Mint  

Bajaj Finance share price gained 2% in the early trade on Friday after global brokerage firm Nomura initiated coverage on the stock with a ‘Buy’ rating. Nomura has set a target of ₹8,700 for Bajaj Finance shares, which implies an upside of nearly 22% from Thursday’s closing price. The brokerage house believes that the exit of Housing Finance Development Corporation …

Bajaj Auto share price Today Live Updates : Bajaj Auto closed today at ₹4843.95, down -0.8% from yesterday's ₹4883.05
1 year, 4 months ago

Bajaj Auto share price Today Live Updates : Bajaj Auto closed today at ₹4843.95, down -0.8% from yesterday's ₹4883.05

Live Mint  

Bajaj Auto had an open price of ₹4854 and a close price of ₹4862.6 on the last day. Bajaj Auto share price Today :Bajaj Auto trading at ₹4839.2, down -0.9% from yesterday's ₹4883.05 The current stock price of Bajaj Auto is ₹4839.2, which reflects a decrease of -0.9% in percentage change. Bajaj Auto share price Live :Bajaj Auto trading at …

Bajaj Auto reports 2.5% drop in Q4 PAT to ₹1,433 cr on lower sales
1 year, 7 months ago

Bajaj Auto reports 2.5% drop in Q4 PAT to ₹1,433 cr on lower sales

Live Mint  

Two-wheelers and commercial vehicles maker, Bajaj Auto despite witnessing a single-digit drop in PAT due to lower sales, beats Street's estimates for the quarter ending March 31, 2023. From December 2022 quarter where PAT stood much higher at ₹1,491 crore, Bajaj Auto's net profit dipped by nearly 4% in Q4FY23. In its financial report, Bajaj Auto said, domestic motorcycle sales …

Bajaj Auto share price hits life-time high before Q4 results. More steam left?
1 year, 7 months ago

Bajaj Auto share price hits life-time high before Q4 results. More steam left?

Live Mint  

Bajaj Auto shares have been in uptrend after ushering in new financial year 2023-24. After hitting record high on previous four sessions, Bajaj Auto share price today opened upside and went on to hit new life-time high of ₹4,375 apiece on NSE. On why Bajaj Auto share price is surging, Avinash Gorakshkar, Head of Research at Profitmart Securities said, "Bajaj …

Bajaj Auto shares in focus ahead of Q4FY23 results on Tuesday
1 year, 7 months ago

Bajaj Auto shares in focus ahead of Q4FY23 results on Tuesday

Live Mint  

Shares of Bajaj Auto opened 0.4% higher on Tuesday's early trade on BSE ahead of its Q4FY23 results. According to Rajesh Bhosale - Equity Technical and Derivative Analyst, Angel One, the stock has shown strong traction in the last one month and technically, it is seen as a multi-month breakout. Brokerage ICICI Direct Research expects that the domestic automaker to …

Bajaj Auto Q4 results: Profit takes hit, Rs 140/share dividend declared
1 year, 7 months ago

Bajaj Auto Q4 results: Profit takes hit, Rs 140/share dividend declared

India Today  

Bajaj Auto today reported a decline of 2% year-on-year in standalone net profit at Rs 1,433 crore for the quarter ended March 2023 as the overall volumes were dragged down by a slip in exports. Standalone particulars Q4 FY23 Q4 FY22 Growth Revenue from operations Rs 8,905 cr Rs 7,975 cr 12% Ebitda Rs 1,718 cr Rs 1,366 cr 26% …

Bajaj Auto likely to post muted performance in Q4 as total volumes decline
1 year, 7 months ago

Bajaj Auto likely to post muted performance in Q4 as total volumes decline

Live Mint  

Two-wheeler and three-wheeler maker Bajaj Auto is likely to report muted performance in the fourth quarter ended as the total volumes declined along with weakness in exports. Bajaj Auto has seen its volumes decline by 12.8 per cent sequentially at 8.6 lakh units during the March quarter, mainly on account of lower exports. “BAL is expected to report a muted …

Bajaj Auto Q4 preview: Decline in volumes may lead to muted performance
1 year, 8 months ago

Bajaj Auto Q4 preview: Decline in volumes may lead to muted performance

Live Mint  

Two-wheeler giant Bajaj Auto will be in focus this week as the company prepares to deliver its fourth quarter numbers for FY23. Experts believe a decline in total volumes may take a toll on Bajaj Auto's Q4 earnings. Emkay Global in its preview note for Bajaj Auto said, "Revenue to grow YoY, despite a decline in volumes, owing to increase …

Bajaj Auto saw a bumpy ride in FY23 thanks to dull export markets
1 year, 8 months ago

Bajaj Auto saw a bumpy ride in FY23 thanks to dull export markets

Live Mint  

One pain point for the investors in shares of Bajaj Auto Ltd has been the sombre demand in its export markets. In the month of March, Bajaj Auto’s export volumes in the two-wheeler segment dropped by 36.5% year-on-year. In the three-wheeler segment, Bajaj Auto’s export volumes fell for the seventh consecutive time in March. The two-wheeler export volume share of …

Weaker export prospects dim Bajaj Auto’s earnings outlook
1 year, 9 months ago

Weaker export prospects dim Bajaj Auto’s earnings outlook

Live Mint  

Bajaj Auto Ltd’s weak performance in the export markets has been a pain point for investors in the stock. Lower export volumes also weighed on Bajaj’s total volumes, which fell over 9% year-on-year in FY23 so far. This would impact Bajaj’s margin performance given lower production at the same level of fixed costs. “This production cut would lead to a …

For Bajaj Auto, the worst could be over
2 years ago

For Bajaj Auto, the worst could be over

Live Mint  

For Bajaj Auto Ltd, 2022 has been a rocky road. In November, Bajaj’s 2W export volumes fell by over 28% year-on-year to 138,630 units. Emkay Global Financial Services Ltd expects Bajaj’s 2W export volumes to drop by 14% y-o-y in FY23 after clocking a 22% growth in FY22. Indeed, it is comforting that Bajaj Auto’s export volumes have risen sequentially …

How automakers are risking their margins
2 years, 2 months ago

How automakers are risking their margins

Live Mint  

Among automakers, Bajaj Auto Ltd will be the first to announce the September quarter results on Friday. View Full Image Roas to recovery Why you aren’t getting 5G on your phone A taboo is now on the table for India Inc How this Mumbai couple got into goal-linked investments Substantial margin improvement because of lower commodity costs is likely to …

Tech Mahindra, ICICI, SBI Among Top Picks For July; Analysts See Up To 70% Rally This Month
2 years, 5 months ago

Tech Mahindra, ICICI, SBI Among Top Picks For July; Analysts See Up To 70% Rally This Month

News 18  

Stocks to Buy in July: Sensex and Nifty corrected by more than 8 per cent each in June 2022, recording their worst monthly performance since March 2020. In any case, we foresee inflation touching higher levels in the next couple of months but believe it would be followed by some moderation in the forthcoming one or two quarters.” Axis Securities …

Bajaj Auto Board Approves Buyback of Up To Rs 2,500 Crore; Details Investors Should Know
2 years, 5 months ago

Bajaj Auto Board Approves Buyback of Up To Rs 2,500 Crore; Details Investors Should Know

News 18  

Bajaj Buyback: Bajaj Auto board has approved a buyback of Up To 2,500 Crore. Monday, 27 June 2022, has approved the proposal for buyback of the fully paid-up equity shares of the company having a face value of Rs. “If the equity shares are bought back at a price below the maximum buyback price, the actual number of equity shares …

Bajaj Finance Shares Tumble 5% Post Q4FY22 Results; Should You Buy, Hold or Sell?
2 years, 7 months ago

Bajaj Finance Shares Tumble 5% Post Q4FY22 Results; Should You Buy, Hold or Sell?

News 18  

Bajaj Finance Q4FY22: Bajaj Finance shares slipped 5 per cent in Wednesday’s trades to Rs 6,855 on the BSE in intra-day trade despite registering strong growth in net profit by 80 per cent year on year at Rs 2,420 crore for the fourth quarter that ended in March 2022. Yesterday, Bajaj Finance reported a 79.7 per cent year-on-year rise in …

Bajaj Auto's Profit After Tax Jumps 23 per cent to Rs 1,556 Crore in December Quarter
3 years, 11 months ago

Bajaj Auto's Profit After Tax Jumps 23 per cent to Rs 1,556 Crore in December Quarter

News 18  

Bajaj Auto on Thursday reported a 23 per cent jump in profit after tax at Rs 1,556 crore for the December 2020 quarter. The firm sold a total of 13,06,810 vehicles during the December 2020 quarter, a rise of 9 per cent as against 12,02,486 units a year ago, it said. Total domestic sales declined 3 per cent to 6,19,699 …

Two-wheeler sales on recovery path across domestic, export markets: Bajaj Auto
4 years, 4 months ago

Two-wheeler sales on recovery path across domestic, export markets: Bajaj Auto

Live Mint  

Bajaj Auto is witnessing a strong revival in demand for two-wheelers in the domestic as well as international markets, even as it continues to face headwinds in the three-wheeler segment, a senior company official has said. In April-June, the company sold 1,85,981 units in the domestic market, down 69.55 per cent from 6,10,936 units in the same period last year. …

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