Thu, Jan 25, 2024
Stock of the Day: Today Anil Singhvi gave the opinion of buying Bajaj Auto Foot and selling in Laurus Labs Foot? What is stoploss and targets? See in this video...
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Bajaj Auto's strong Q3 earnings report, including a 37% YoY growth in net profit and a 30% increase in revenue from operations, led to a surge in its share price by over 2% in early trading. Analysts from Motilal Oswal Financial Services and Nuvama Institutional Equities offer insights into the company's future outlook and target prices.
Bajaj Auto Q3 results 2024: Bajaj Auto shares traded in positive territory in the opening deals on Thursday, January 25, after the automotive manufacturing company reported a strong set of quarterly numbers.
Tue, Feb 02, 2021
Investors continue to cheer the Budget 2021 as Sensex breached 50,000, in the early trade and Nifty reclaimed 14,600 led by gains in infrastructure and banking on Tuesday, February 2, 2021, although the benchmark indices had pared some of the gains in the afternoon deals.
Bajaj Auto Ltd on Tuesday reported an 8 per cent increase in total sales at 4,25,199 units in January. The company had sold 3,94,473 units in the same month last year, Bajaj Auto said in a statement.
Mon, Feb 01, 2021
Bajaj Auto’s Q3 FY21 PAT (+24/37% YoY/QoQ) beat was driven by strong profitability (EBITDA margin came in at 19.4%, +150/170bps YoY/QoQ). HDFC Securities have recently upgraded Bajaj Auto to a BUY on the back of a firming recovery. Bajaj Auto’s management expects double-digit growth in FY22 in the domestic 2W market while export demand will remain healthy, driven by low-system inventories.
Thu, Jan 28, 2021
Infosys to Bharti Airtel, Asian Paints, Bajaj Finance Rollovers: Nifty scaled to a record high of 14753 on January 21, but since then it has been struggling to gain momentum. That milestone seems to have turned the focus on concerns that valuations have run too far, even considering positive earnings expectations.
Fri, Jan 22, 2021
Bajaj Auto's Q3 volume grew 9% YoY while net profit rose 23% YoY. EBITDA margin was up 1.7ppt QoQ, on operating leverage, taking EBITDA/vehicle to a decade-high. On the call, Bajaj Auto was optimistic on exports given demand recovery and market share gains, but slightly cautious on the sustainability of domestic demand improvement.
Bajaj Auto Share price: Bajaj Auto reported an EBITDA margin of 19.8% (excluding CSR expenses), exceeding consensus yet again (seventh consecutive time) and showcasing its earnings resilience. Admittedly, the contribution from the high-margin exports business was strong in 3Q. However, the weakness in Bajaj Auto 3W sales (which is a higher-margin business) and increase in input costs did little to suppress profitability.
Registering a "very good" quarterly performance, Bajaj Auto on Thursday reported a 23 per cent jump in profit after tax at Rs 1,556 crore for the three months ended December 2020, on the back of higher volumes and exports
Fri, Jan 08, 2021
Sharekhan expects operational performance to continue to improve in Q3 FY21 led by benefits from operating leverage, cost-cutting measures and an improving export scenario. Sharekhan expect operating profits of automakers’ companies under coverage to grow by 49.4% yoy in Q3 FY21. During the quarter, Sharekhan witnessed strong rural sentiments on account of a good monsoon, increased kharif sowing and higher farm incomes.
Wed, Jan 06, 2021
Rakesh Sharma, Executive Director, Bajaj Auto Ltd talks about his outlook for the company in 2021, expectations from the union budget.
Mon, Dec 21, 2020
The year of 2020 has been challenging for businesses including the Indian automobile sector. As we are at the fag end, there are already expectations building-up for the new year. In today’s edition of News Par Views show, Zee Business Managing Editor Anil Singhvi spoke to Executive Director (ED) of Bajaj Auto, Rakesh Sharma. (#NewsParViews)
Thu, Nov 26, 2020
Morgan Stanley thinks 2021 growth will be driven by an urban demand rebound in India and Bajaj Auto with its premium product mix and three-wheelers (3Ws) is well placed to benefit from the same. Although power train disruption is a key risk for OEMs, Bajaj Auto with its geographically diversified revenue mix and investments in compressed natural gas (CNG) and electric vehicles (EVs) is well placed to navigate through that transition.
Fri, Nov 06, 2020
Rakesh Sharma, Executive Director, Bajaj Auto Ltd talks about the growth momentum and expected growth in coming months, export market and segment-wise demand of the products during an interview with Zee Business Executive Editor Swati Khandelwal
Brokerages have been on the job and here we provide a number of stock picks that will see some good returns flowing. So, from Axis Bank, Bajaj Auto, Bharti Airtel, Bajaj Finserv, ITC to Infosys, here are some great stocks to buy.
Wed, Nov 04, 2020
As per FADA, Passenger Vehicles sales were much better than 2-wheelers in this 9 day festive period wherein 2-wheeler sales are estimated to have declined 15% YoY. While retail sales have been lower than estimated at the start of the festive season for 2-wheelers, 2-wheelers OEMs (Original Equipment Manufacturers) are aggressively pushing stock with dealers.
Mon, Nov 02, 2020
Bajaj Auto Ltd on Monday reported an 11 per cent increase in its total vehicle sales at 512,038 units in October. The company had sold a total of 463,208 units in the same month last year, Bajaj Auto said in a regulatory filing.
Wed, Oct 28, 2020
Passenger vehicle (PV) sales volumes are expected to continue double-digit growth, rising by 17% in October.
Fri, Oct 23, 2020
Bajaj Auto Management said initial festival days indicate flattish trends but acknowledged that the post festival outlook for domestic two-wheelers (2Ws) remains uncertain.
Wed, Sep 16, 2020
Stock Market Closing Bell: On account of strong global cues, the Indian stock market today ended in the green zone after the closing bell today.
Wed, Aug 26, 2020
If the government cuts Goods and Services Tax (GST) on two-wheelers it will be a very welcome move as they are a common man’s vehicle, Rakesh Sharma, Executive Director at Bajaj Auto told Zee Business Managing Editor Anil Singhvi in an exclusive chat. As a representative of the two-wheeler segment, the company has been advocating tax cuts as they are quite hefty, he said. (#NewsParViews)
Wed, Aug 19, 2020
The stock markets today ended the day in the green. While the Sensex closed at 38,614.79, up by over 86 points or almost 0.22 per cent, the broader market NSE Nifty 50 was trading 11,408.90, up by over 23 points or 0.20 per cent around this time
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