Posted by team Moneyopedia
Bajaj Auto, a prominent entity within the Bajaj Group, stands as the world’s third-largest motorcycle manufacturer. Established in 1945, Bajaj Auto has consistently evolved, achieving a stronghold in both domestic and international markets with its two-wheelers and three-wheelers.
Bajaj Auto Limited is renowned for its extensive portfolio, which includes motorcycles, three-wheelers, and quadricycles. It was the first Indian automaker to achieve a market capitalization exceeding INR one trillion. Its offerings cater to various segments, including passenger carriers, goods carriers, and quadricycles, bolstering its export profile.
As of the latest analysis, Bajaj Auto’s price hovers around ₹11,727. Strong momentum suggests an upward trajectory, positioning the share price around ₹12,515 in the immediate term.
The company’s resilient growth in the two-wheeler sector, marked by strategic launches and expansions, is likely to sustain its upward momentum.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
|---|---|---|
| 2024 | 6,500 | 14,000 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
|---|---|---|
| January | 6,500 | 7,600 |
| February | 7,581 | 8,572 |
| March | 7,880 | 9,210 |
| April | 8,570 | 9,280 |
| May | 8,507 | 9,132 |
| June | 8,737 | 10,040 |
| July | 8,744 | 9,910 |
| August | 9,300 | 10,920 |
| September | 10,790 | 13,160 |
| October | 11,870 | 13,560 |
| November | 12,210 | 13,621 |
| December | 12,841 | 14,000 |
Bajaj Auto’s strategic international expansion, exporting products to over 79 countries, underpins its long-term growth. With a focus on tapping new markets and introducing innovative models, its share price is forecasted to reach between ₹14,051 and ₹16,013 by 2025.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
|---|---|---|
| 2025 | 14,051 | 16,013 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
|---|---|---|
| January | 14,051 | 14,275 |
| February | 14,161 | 14,379 |
| March | 14,220 | 14,400 |
| April | 14,267 | 14,350 |
| May | 14,311 | 14,487 |
| June | 14,571 | 14,620 |
| July | 14,600 | 14,760 |
| August | 14,821 | 15,000 |
| September | 14,978 | 15,320 |
| October | 15,012 | 15,470 |
| November | 15,242 | 15,631 |
| December | 15,760 | 16,013 |
With the surge in demand for electric vehicles (EVs), Bajaj Auto’s focused investments in its EV division, Chetak Technology Limited, position it well for future growth. By 2030, the share price is expected to range from ₹25,123 to ₹28,041.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
|---|---|---|
| 2030 | 25,123 | 28,041 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
|---|---|---|
| January | 25,123 | 25,290 |
| February | 25,345 | 25,661 |
| March | 25,590 | 25,785 |
| April | 25,712 | 25,925 |
| May | 25,700 | 26,109 |
| June | 25,930 | 26,360 |
| July | 26,037 | 26,512 |
| August | 26,290 | 26,670 |
| September | 26,590 | 26,820 |
| October | 26,920 | 27,360 |
| November | 27,255 | 27,680 |
| December | 27,600 | 28,041 |
With enhanced production capabilities and expansions in manufacturing, Bajaj Auto’s share price by 2040 could reach between ₹54,117 and ₹59,000.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
|---|---|---|
| 2040 | 54,117 | 59,000 |
By 2050, with continuous advancements in R&D and a diversified product portfolio, Bajaj Auto’s stock is expected to hit a range of ₹70,009 to ₹75,012.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
|---|---|---|
| 2050 | 70,009 | 75,012 |
| Metric | Value |
|---|---|
| Market Cap (Cr.) | 3,47,735.76 |
| Turnover (Cr.) | 14.62 |
| EPS (TTM) | 292.37 |
| ROE (%) | 31.38 |
| Net Profit (Cr.) | 1,988.34 |
Bajaj Auto is well-positioned for long-term growth, with strategic investments in technology and a strong export footprint. Its focus on innovative products and expansion in the EV space makes it a promising investment opportunity for future gains.
What is the future outlook for Bajaj Auto shares? Bajaj Auto is expected to grow in the coming years due to its established market position and strategic initiatives in electric vehicles and global expansion.
Is Bajaj Auto a debt-free company? Bajaj Auto has minimal debt, making it almost debt-free and financially resilient.
What is the P/E ratio of Bajaj Auto Ltd as of 2024? As of September 2024, the P/E ratio for Bajaj Auto stands at 41.66.
