Bajaj Auto Share Price Target
- Jan 31, 2024
- | 61
Bajaj Auto Share price is an Indian-based multinational car manufacturer that operates in over 70 countries and owns 10+ global brands. It is India's second-largest and third-largest motorcycle manufacturer, the world's most valuable 2-wheeler company, and the world's largest 3-wheeler producer. Bajaj Auto was established in 1945 as M/s Bajaj Trading Corporation Pvt. Ltd, and was licensed by the Government of India in 1959, becoming a public limited company (PCL) in 1960. Its market capitalization has recently crossed Rs 1 trillion, and its shares are listed on both the BSE and the NSE. The company's share price has been steadily increasing over the last few years, but investors should be aware of the broker's recommendations before investing in Bajaj Auto. This article will discuss the challenges that this Indian automotive company faces, as well as the latest news headlines surrounding Bajaj Auto's share price forecast for 2024.
Bajaj Auto Share Price Target (2024)
| Month (2024) | Maximum Target | MinimumTarget |
| January | Rs 7,720 | Rs 6,701 |
| February | Rs 7,860 | Rs 6,830 |
| March | Rs 7,989 | Rs 6,943 |
| April | Rs 8,000 | Rs 7,078 |
| May | Rs 8,107 | Rs 7,197 |
| June | Rs 8,231 | Rs 7,292 |
| July | Rs 8,366 | Rs 7,336 |
| August | Rs 8,435 | Rs 7,433 |
| September | Rs 8,586 | Rs 7,588 |
| October | Rs 8,651 | Rs 7,670 |
| November | Rs 8,753 | Rs 7,746 |
| December | Rs 8,827 | Rs 7,898 |
Bajaj Auto Share Price Target (2025)
| Month (2025) | Maximum Target | MinimumTarget |
| January | Rs 8,970 | Rs 7,991 |
| February | Rs 9,030 | Rs 8,000 |
| March | Rs 9,147 | Rs 8,159 |
| April | Rs 9,295 | Rs 8,242 |
| May | Rs 9,374 | Rs 8,372 |
| June | Rs 9,406 | Rs 8,427 |
| July | Rs 9,555 | Rs 8511 |
| August | Rs 9,688 | Rs 8,691 |
| September | Rs 9,761 | Rs 8,701 |
| October | Rs 9,871 | Rs 8,862 |
| November | Rs 9,977 | Rs 8,921 |
| December | Rs 10,189 | Rs 9,084 |
Bajaj Auto Share Price Target (2026 to 2030)
| Year | Maximum target | Minimum Target |
|---|---|---|
| 2026 | Rs 11,605 | Rs 9,926 |
| 2027 | Rs 12,656 | Rs 10,810 |
| 2028 | Rs 13,976 | Rs 11,982 |
| 2029 | Rs 14,887 | Rs 12,960 |
| 2030 | Rs 15,923 | Rs 13,933 |
BAJAJ-AUTO Financials 2023
| Revenue | 373.52 Billion INR | ⬆ 8.86% YOY |
| Operating expense | 38.96 Billion INR | ⬆ 8.58% YOY |
| Net Income | 60.60 Billion INR | ⬇ -1.71% YOY |
| Net Profit Margin | 16.24 | ⬇ -9.68% YOY |
| Earnings Per Share | 197.30 | ⬆ 3.66% |
| EBITDA | 74.42 Billion INR | ⬆ 14.65% |
| Effective Tax Rate | 22.72% |
|
| Total Assets | 351.36 Billion INR | ⬆ 0.07% YOY |
| Total Liabilities | 57.75 Billion INR | ⬆ 9.97% YOY |
| Total Equity | 293.62 Billion INR | |
| Return on assets | 12.73% | |
| Return on Capital | 15.10% | |
| P/E Ratio | 31.38 | |
| Dividend Yield | 1.84% |
Bajaj Auto Competitors
- Hero MotoCorp
- TVS Motors
- Honda Motorcycles and Scooter India
- Royal Enfield
- Suzuki Motorcycle India
- Mahindra Two Wheelers
Points to Consider Before Investing in Bajaj Auto Ltd
Bajaj Auto Ltd, the fourth largest motorcycle producer in the world, is the largest global producer and seller of three-wheelers. It is virtually debt-free. The company's sales growth has been moderate over the last five years, with a year-on-year (YoY) increase of 7.76%. In the fiscal year 2023, the company's profit increased by 12.13% to Rs 5,617,60 crore. The operating profit of the company stands at Rs 2,132,85 crore, indicating the company's operational efficiency. The company's return on equity (ROE) is 21.64%, which is a positive indicator of the financial performance of this automotive company. The stock of Bajaj Auto is currently trending higher on the stock exchange, but many investors would want to know whether it is overvalued or undervalued.
Conclusion
Bajaj Auto Share Price History suggests to us it has been rising consistently on the stock market for the past five years. With a 52-week high & low of Rs 7,625.15 & Rs 3,625.60, Bajaj Auto Limited has been performing largely on the positive side of its trajectory on the National Stock Exchange (NSE). However, Stock Markets Experts such as HDFC Securities, Motilal Oswal, Axis Direct, and Sharekhan have recommended selling, neutral, holding, and buying, respectively. For an investor, it is important to examine each factor affecting the share market and the stock to invest. An expert’s advice is highly recommended before making any investment-related commitment. India Property Dekho always recommends investors take note of factors such as its past performance in the stock market, the company’s credentials, annual financial results, and plans.
FAQs
- What is the Bajaj Auto Share Price target in 2024?
- Bajaj Auto's Share Price NSE for 2030 is between Rs 8,827 and Rs 6,701.
- What is the Bajaj Auto Share Price target in 2025?
- Bajaj Auto's Share Price NSE for the year 2030 is between Rs 10189 and Rs 7,991.
- What is the Bajaj Auto Share Price target in 2030?
- Bajaj Auto's Share Price NSE for 2030 is between Rs 15,923 and Rs 13,993.
- Is the Bajaj Auto debt-free?
- Bajaj Auto's financial statements include its total shareholder equity of Rs 293.2 Billion and a total debt of Rs 0.0.
- Who is the promoter of Bajaj Auto?
- Among Bajaj Auto Promoters, ‘Niraj Bajaj, ‘Directors of the Bajaj Group, ‘ is one of the promoters.
- Is Bajaj Auto Profitable?
- Bajaj Auto posted 17.5 percent in its consolidated net profit for the September quarter of FY 24 to Rs 2,020 crores.
- What is the dividend of Bajaj Auto in 2023?
- Bajaj Auto has declared a dividend of Rs 140, ‘translating to a dividend yield of 3.95% by the end of the March Quarter 2023.
- What is the old name of Bajaj Auto Ltd?
- Incorporated in 1945, ‘’Bachraj Trading Corporation Ltd’’ is the old name of Bajaj Auto Ltd.
