Bajaj Auto Ltd.
Share Price Target & Analysis

NSE:BAJAJ-AUTO

8806.75

VWAP

8974.30

Open

8974.3

Close

8989.80

High

8729.00

Low

9357.95

52 Week High

8760.10
-214.20 (-2.39%)

BAJAJ-AUTO

(AUTOMOBILE)
88.2% Momentum

Trending & Favourite

4281.00

52 Week Low

267.88

EPS

38.85

PE

9.84

PB

Standard
Quality

Gold
Valuation

#Analysis

NSE: BAJAJ-AUTO Share Price Financial Analysis & Valuation

Bajaj Auto Ltd. (BAJAJ-AUTO) is broadly categorized in AUTOMOBILE segment industry which deals in Auto - 2 & 3 Wheelers vertical. It is one of Large Cap company with Market Capitalization of Rs 101361 (in Cr). Total number of free float shares are 28.9 (in Lacs). Bajaj Auto Ltd. is listed on NSE with Exchange ID - INE917I01010 and trading code is NSE:BAJAJ-AUTO with short name Bajaj Auto.

Bajaj Auto Ltd. is a most liquid value blue chip company and also listed in TOP 20 Valuation Picks of NSE. BAJAJ-AUTO is having low PE (Price to Earning), low PB (Price to Book) and high DY (Dividend Yield).

Bajaj Auto Ltd. is a Good Quality Stock as it is listed in as TOP 50 Quality Picks by NSE. BAJAJ-AUTO is having very good return on equity (ROE), financial leverage (Debt/Equity Ratio) and earning (EPS) growth variability analysed during the previous 5 years.

Bajaj Auto Ltd. is also traded in Future & Options (Derivative segment of NSE).

Bajaj Auto Ltd. is a high yielding company listed on NSE while meeting growth and stability requirements. BAJAJ-AUTO is also listed in Top 50 NIFTY Dividend Opportunities Company List.

In the past 1 year, Bajaj Auto Ltd. has declared an equity dividend of Rs 80 per share. At the current share price of BAJAJ-AUTO at Rs 8760.10, this results in a dividend yield of 0.91 %.

As per the Fundamental Analysis of NSE:BAJAJ-AUTO, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine BAJAJ-AUTO underlying value and future prospects. All of this data is available in BAJAJ-AUTO financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:BAJAJ-AUTO, it is clearly understood that BAJAJ-AUTO is Standard performer in terms of earnings and profit margins with an EPS of 267.88. NSE:BAJAJ-AUTO book value per share as of today is 890.48. The current price to book ratio for BAJAJ-AUTO as of Apr 29, 2024 is 9.84.

Valuation of the Stock: The current valuation of BAJAJ-AUTO stock is like Gold which means currently the stock is Overpriced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of BAJAJ-AUTO whether to BUY this stock at current valuation. The delivery percentage of BAJAJ-AUTO is 59.62% is very crucial parameter which shows that 59.62% investors are anticipating that the price of BAJAJ-AUTO share should go up with VWAP at 8806.75.

Now, the main question is whether to BUY or SELL, NSE:BAJAJ-AUTO at current valuation.
As per latest Analysis No. #1144:-

STRONG BUY BAJAJ-AUTO if All Greens

BUY BAJAJ-AUTO (at Lower Levels) if any 2 Greens

NEUTRAL or HOLD BAJAJ-AUTO (With Stop Loss) if only 1 Green

SELL BAJAJ-AUTO if NO Green Indicator

NSE: BAJAJ-AUTO Share Price Today (Apr 29, 2024)

(Bajaj Auto Ltd. Daily Analysis on the basis of BAJAJ-AUTO Intraday Graph & Trend)

Bajaj Auto Ltd. share price moved Down by -2.39% from its previous close of Rs 8974.3. BAJAJ-AUTO stock last traded price is 8760.10. BAJAJ-AUTO share price trend is Down with a total of 299443 stocks traded till now. It has touched an intraday high of Rs 8989.80 and an intraday low of Rs 8729.00. The BAJAJ-AUTO trading at 8760.10, Down by Rs. -214.20, or -2.39 percent which suggests that most of the Traders are anticipating that the price of BAJAJ-AUTO share should go Down.

NSE: BAJAJ-AUTO Share Price Tomorrow Prediction

(Bajaj Auto Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of BAJAJ-AUTO)

Bajaj Auto Ltd. share price moved Down by -2.39%. BAJAJ-AUTO share price short term trend is Down. It suggests that BAJAJ-AUTO Share Price for Tomorrow remains the same with VWAP at 8806.75 will be treated as stop loss for intraday traders. Bajaj Auto Ltd. Long term investors can follow the BAJAJ-AUTO long term trend as mentiond in future forecast table.

NSE Code

NSE: BAJAJ-AUTO

BAJAJ-AUTO Share Price Today

8760.10

BAJAJ-AUTO Share Price Target Prediction for 2024 ^

6564.2 - 9404.3

BAJAJ-AUTO Share Price Target Prediction for 2025*^

9404.3 - 10018.6

BAJAJ-AUTO Share Price Target Prediction for 2026*^

10018.6 - 10719.9

BAJAJ-AUTO Share Price Target Prediction for 2027*^

11256

BAJAJ-AUTO Share Price Target Prediction for 2028*^

11578

BAJAJ-AUTO Share Price Target Prediction for 2030*^

12620
BAJAJ-AUTO Current Book Value 2023
886

*Bajaj Auto Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.

^BAJAJ-AUTO share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

BAJAJ-AUTO Technical Analysis

Candlestick Pattern: @8997.05

BAJAJ-AUTO Moving Averages

BUY (11) NEUTRAL (0) SELL (3)
MA Simple Action S1 Expo Action E2
MA_5 9015.37 SELL 9024.38 SELL
MA_12 9069.42 SELL 8984.54 BUY
MA_20 8906.5 BUY 8896.15 BUY
MA_32 8684.52 BUY 8683.47 BUY
MA_50 8462.09 BUY 8423.08 BUY
MA_100 7741.43 BUY 7826.67 BUY
MA_200 6250.14 BUY 6676.47 BUY

BAJAJ-AUTO Trend Oscillators

BUY (3) NEUTRAL (0) SELL (1)
Trend Oscillators Value Action
Bollinger Bands 8906.5 Uptrend
MACD -35.84 SELL
ADX 38.34 Strong Trend
DMI (+/-) 26.15 / 11.47 Uptrend

BAJAJ-AUTO Momentum Oscillators

BUY (4) NEUTRAL (7) SELL (1)
Momentum Oscillators Value Action
RSI 57.81 Neutral
STOCHASTIC_K (Fast) 43.87 Neutral
STOCHASTIC_D (Slow) 44.38 Neutral
CCI -18.03 Neutral
PSAR 8700.07 BUY
TRUE RANGE 232.7 BUY
ATR 222.99 BUY
WILLIAMS R -53.39 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 37.14 Neutral
MOMENTUM 469.35 BUY

BAJAJ-AUTO Last 1 Year Trend

Duration Value
1 Year 115.37%
3 Months 26.83%
1 Month 5.5%
1 Week -0.14%

BAJAJ-AUTO Technical Analysis Summary

Updated on 2024-04-15
Action Overall (%)
BUY 60%
NEUTRAL / HOLD 23%
SELL 17%

Most popular Questions & Answers about BAJAJ-AUTO


Bajaj Auto Ltd. stock last traded price is 8760.10. BAJAJ-AUTO share price moved Down by -2.39% from its previous close of Rs 8974.3.

Bajaj Auto Ltd. share price trend is Down with a total of 299443 stocks traded till now. It has touched an intraday high of Rs 9451.5295 and an intraday low of Rs 8729.00. The BAJAJ-AUTO trading at 8760.10, Down by Rs. -214.20, or -2.39 percent which suggests that most of the Traders are anticipating that the price of BAJAJ-AUTO share should go Down and the Stop Loss will be around 8806.75.

The market cap of Bajaj Auto Ltd. is ₹101361 (in Cr) as of Apr 28, 2024.

The current price to earning ratio for Bajaj Auto Ltd. as of Apr 28, 2024 is 38.85.

The current price to book ratio for Bajaj Auto Ltd. as of Apr 28, 2024 is 9.84.

The highest price of Bajaj Auto Ltd. stock is ₹9357.95 in the last 52-week.

The lowest price of Bajaj Auto Ltd. stock is ₹4281.00 in the last 52-week.

Bajaj Auto Ltd. share trading at ₹8760.10, Down by Rs. -214.20, or -2.39 percent which suggests that most of the traders are anticipating that the price of BAJAJ-AUTO share should go Down.

In 2023, Stock price target for Bajaj Auto Ltd. (BAJAJ-AUTO) are ₹6564.2 on downside and ₹9404.3 on upside. Bajaj Auto Ltd. share price target is based on current financial year earings of the company.

In 2024, Stock price target for Bajaj Auto Ltd. (BAJAJ-AUTO) are ₹9404.3 on downside and ₹10018.6 on upside. Bajaj Auto Ltd. share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Bajaj Auto Ltd. (BAJAJ-AUTO) are ₹10018.6 on downside and ₹10719.9 on upside. Bajaj Auto Ltd. share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Bajaj Auto Ltd. (BAJAJ-AUTO) will be around ₹11578 Bajaj Auto Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of BAJAJ-AUTO.

As per the fundamental analysis of Bajaj Auto Ltd. (BAJAJ-AUTO), it is of Standard quality in terms of earnings and profit margins with an EPS of 267.88. Bajaj Auto Ltd. book value per share as of today is 890.48. The current price to book ratio for BAJAJ-AUTO as of Apr 29, 2024 is 9.84.


NSE:BAJAJ-AUTO News & Other Useful Information about BAJAJ-AUTO Share Price


Peer Comparison of NSE: BAJAJ-AUTO

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Auto - 2 & 3 Wheelers

Company Price EPS BV
BAJAJ-AUTO 8760.10 267.88 890.48
HEROMOTOCO 4451.10 190.62 835.58
TVSMOTOR 2037.00 42.26 127.3
ENDURANCE 1957.00 36.26 236.8
MAHSCOOTER 7905.70 174.4 16836.9
ATULAUTO 530.35 4.64 119.87
Updated at: 29 Apr 2024 15:30

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