Bajaj Auto Share PriceBajaj Auto

18.25 (0.47%)
  • Advice
  • Hold
As on 23 March, 2023 | 01:29 BSE: 532977 NSE: BAJAJ-AUTO

Bajaj Auto Performance

Day Range

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52 Week Range

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Bajaj Auto Share Price

  • Over 1 Month 2.17%
  • Over 3 Month 8.97%
  • Over 6 Month 5.23%
  • Over 1 Year 7.32%

Bajaj Auto Key Statistics

P/E Ratio 18.9
PEG Ratio -3.8
Market Cap Cr 111,031
Price to Book Ratio 3.7
EPS 167.8
Dividend 3.6
Relative Strength Index 63.06
Money Flow Index 77.18
MACD Signal 6.98
Average True Range 73.04

Bajaj Auto Investment Rating

  • Master Rating:
  • Bajaj Auto has an operating revenue of Rs. 35,500.99 Cr. on a trailing 12-month basis. An annual revenue growth of 19% is outstanding, Pre-tax margin of 21% is great, ROE of 20% is exceptional. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading close to its key moving averages, around 3% and 3% from 50DMA and 200DMA. It needs to stay above these levels to make any further meaningful move. It is currently FORMING a base in its weekly chart and is trading around 1% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 64 which is a FAIR score but needs to improve its earnings, a RS Rating of 68 which is FAIR indicating the recent price performance, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 92 indicates it belongs to a poor industry group of Auto Manufacturers and a Master Score of B is close to being the best. Overall, the stock definitely has some strength, you may want to examine it in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Bajaj Auto Financials
IndicatorDec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 9,3159,9117,7697,728
Operating Expenses Qtr Cr 7,5388,4446,7086,609
Operating Profit Qtr Cr 1,7771,7591,2971,366
Depreciation Qtr Cr 74676770
Interest Qtr Cr 81143
Tax Qtr Cr 472484371428
Net Profit Qtr Cr 1,4911,5301,1731,469

Bajaj Auto Technicals


Current Price
18.25 (0.47%)
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 3808.23
  • 50 Day
  • 3773.17
  • 100 Day
  • 3746.19
  • 200 Day
  • 3729.74
  • 20 Day
  • 3784.14
  • 50 Day
  • 3769.81
  • 100 Day
  • 3710.86
  • 200 Day
  • 3764.62

Bajaj Auto Resistance and Support

First Resistance 3952.89
Second Resistance 4000.07
Third Resistance 4078.14
RSI 63.06
MFI 77.19
MACD Single Line 6.98
MACD 20.99
First Resistance 3827.64
Second Resistance 3749.57
Third Resistance 3702.39

Bajaj Auto Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 317,452 16,028,151 50.49
Week 449,467 26,235,412 58.37
1 Month 403,068 19,274,725 47.82
6 Month 342,047 16,709,014 48.85

Bajaj Auto Result Highlights

Bajaj Auto Synopsis

NSE-Auto Manufacturers

Bajaj Auto is involved in the business activities of Manufacture of motorcycles. Company’s Total Operating Revenue is Rs. 33144.71 Cr. and Equity Capital is Rs. 289.37 Cr. for the Year ended 31/03/2022. Bajaj Auto Ltd. is a Public Limited Listed company incorporated on 30/04/2007 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L65993PN2007PLC130076 and registration number is 130076.
Market Cap 111,031
Sales 35,498
Shares in Float 12.73
No of funds 793
Yield 3.57
Book Value 4.26
U/D Vol ratio 0.8
LTDebt / Equity
Alpha 0.05
Beta 0.6

Bajaj Auto

Owner NameDec-22Sep-22Jun-22Mar-22
Promoters 54.98%54.84%53.77%
Mutual Funds 3.86%3.6%4.55%
Insurance Companies 5.85%6.71%7.75%
Foreign Portfolio Investors 11.82%11.56%11.16%
Financial Institutions/ Banks 0.02%0.02%0.1%
Individual Investors 9.55%10.14%15.41%
Others 13.92%13.13%7.26%

Bajaj Auto Management

Name Designation
Mr. Niraj Bajaj Chairman
Mr. Madhur Bajaj Vice Chairman
Mr. Rajiv Bajaj Managing Director & CEO
Mr. Pradeep Shrivastava Executive Director
Mr. Rakesh Sharma Executive Director
Mr. Sanjiv Bajaj Director
Mr. Shekhar Bajaj Director
Mr. D J Balaji Rao Director
Dr. Naushad Forbes Director
Mr. Anami Roy Director
Mrs. Lila Poonawalla Director
Mr. Pradip Shah Director
Mr. Abhinav Bindra Director

Bajaj Auto Forecast

Price Estimates


Other Analyst Rating

Bajaj Auto MF Shareholding

Name Amount(cr)
SBI Nifty 50 ETF 149113
HDFC Balanced Advantage Fund Growth 51042
UTI Nifty 50 Exchange Traded Fund 37282
SBI Bluechip Fund Regular Growth 34309
ICICI Prudential Bluechip Fund Growth 34199

About Company

Bajaj Auto, the flagship company of the Bajaj Group, is a two- and three-wheeler manufacturer with operations in over 70 countries across Latin America, Southeast Asia, and other regions. The company's headquarters are in Pune, India.

It now owns 48% of the KTM Brand, making sports and super sports two-wheelers, up from 14% when it first bought KTM in 2007.

Bajaj Auto Ltd – Growth History and Empire Expansion

M/s Bachraj Trading Corporation Private Limited, the forerunner of Bajaj Auto, was founded on November 29, 1945. It began by importing and selling two- and three-wheel motorcycles in India. It received a license from the Indian government to manufacture two-wheelers and three-wheelers in 1959 and a license from Piaggio to produce Vespa Brand Scooters in India.

In 1960, it became a public limited company. The company changed its branding from a scooter producer to a two-wheeler manufacturer after introducing motorcycles in 1986. Bajaj Auto purchased a controlling stake in the Tempo Firodia firm in the early 2000s, calling it "Bajaj Tempo." Daimler-Benz had a 16% ownership in Bajaj Tempo, but the company sold it back to the Firodia group.

Bajaj Tempo agreed to progressively phase off the "Tempo" brand name, which was still owned by Mercedes-Benz. Over the protests of Bajaj Auto, with whom the firm shares a long history and a compound wall, the company's name was changed to Force Motors in 2005, eliminating "Bajaj" and "Tempo." Bajaj Auto purchased a 14.5% investment in Austrian rival KTM through its Dutch company Bajaj Auto International Holding BV in 2007, progressively growing its position to a 48% non-controlling share by 2020.

In December 2020, Bajaj began talks with KTM's controlling stakeholder, Pierer Mobility, a subsidiary of Pierer Industrie, about selling its KTM interest to Pierer Mobility. Bajaj Auto invested around 57 crores ($8 million) in Yulu, a bicycle, and electric scooter rental startup, on November 26, 2019. Bajaj will also produce specialized electric scooters for Yulu as part of this agreement.



Bajaj Auto is the world's fourth-largest maker of two– and three-wheelers. Bajaj Auto has three plants, two in Maharashtra at Waluj and Chakan and one in Uttaranchal at Pant Nagar. The company produces bikes, scooters, and three-wheelers. Bajaj Auto has a distribution network of 485 dealers and over 1,600 authorized service centres in India. For the three-wheeler market, it has 171 exclusive dealers. It has a total of 3750 rural outlets located in rural areas.

The Bajaj brand is well–known throughout Latin America, Africa, the Middle East, and Southeast Asia. Its multi-country distribution network has a strong presence in Sri Lanka, Colombia, Bangladesh, Mexico, Central America, Peru, and Egypt. It has a technological partnership with Kawasaki Heavy Industries of Japan to create the most recent two-wheeler models. Boxer, Caliber, Wind125, Pulsar, and other brands have been introduced by Bajaj Auto. It also introduced India's first true cruiser bike, the Kawasaki Bajaj Eliminator.


Bajaj Auto Products

Bajaj is a company that produces and sells bikes, scooters, auto-rickshaws, and automobiles. Bajaj Auto was India's largest motorbike exporter in 2004. Bajaj is the first Indian two-wheeler company to introduce sporty four-stroke commuter motorcycles to the Indian market. With the 150cc and 180cc Pulsar, Bajaj was able to achieve this.

The CT 100 Platina, Discover, Pulsar, Avenger, and Dominar are some of Bajaj's motorcycles. In the fiscal year 2012–13, it sold 37.6 lakh (3.76 million) motorcycles, accounting for 31% of the Indian motorcycle market. About 24.6 lakh (2.46 million) motorcycles were sold in India, with the remaining 34% being exported.

Autorickshaws (Three-Wheeler)

Bajaj is the world's largest auto-rickshaw producer, accounting for over 84% of India's three-wheeler exports. During the fiscal year 2012–13, it sold around 4,80,000 three-wheelers, accounting for 57% of the total market share in India and 47% of these 4,80,000 three-wheelers were sold in the country, while 53% were exported. In Indonesia, Bajaj three-wheelers are regarded as "iconic" and "ubiquitous," to the point where the term bajaj refers to any auto-rickshaw. 

Low-Cost Cars

In 2010, Bajaj Auto announced a collaboration with Renault and Nissan Motor to produce a US$2,500 automobile with a fuel efficiency of 30 km/l (85 mpg-imp; 71 mpg-US) (3.3 L/100 km), or twice that of a typical compact car, and carbon dioxide emissions of 100 g/km.

Bajaj Auto debuted the Bajaj Qute (previously Bajaj RE60) on January 3, 2012, a tiny automobile for intra-city urban transit that is legally categorized as a quadricycle. Bajaj's three-wheeler consumers were the target market. According to its Managing Director Rajiv Bajaj, the RE60 will have a top speed of 70 kilometres per hour (43 mph), a mileage of 35 kilometres per litre (99 mpg-imp; 82 mpg-US), and carbon dioxide emissions of 60 g/km.

Electric Scooters

In January 2020, Bajaj introduced India's first electric scooter, the Chetak. Bajaj announced a 300 crore investment in December 2021 to develop an electric vehicle manufacturing facility in Pune. According to the business, the plant would be able to build 500,000 electric cars (EVs) each year, serving both domestic and foreign markets.


Key CSR Initiatives

Beyond balance sheets or conventional economic metrics, the Bajaj Group believes that a genuine and full measure of development, success, and advancement is found. It is best exemplified by the impact of business and industry on people's lives.

Since the CSR requirements were initially announced in 2014, the Bajaj Group firms have contributed approximately INR 1,300 crores to programs concentrating on skilling and education, health, livelihoods, and water conservation. Bajaj Auto's CSR priority is to improve the quality of life of marginalized populations living in and around the districts where the company's manufacturing plants are located. Bajaj Auto also contributes to important water conservation programs.

Organizations Supported by the Bajaj group.

  • Jankidevi Bajaj Gram Vikas Sanstha (JBGVS)
  • IMC Ramkrishna Bajaj National Quality Award
  • Jamnalal Bajaj Institute of Management Studies, Mumbai
  • Kamalnayan Bajaj Hospital
  • Jankidevi Bajaj Puraskar for Woman Rural Entrepreneur
  • Shiksha Mandal, Wardha
  • The Jamnalal Bajaj Foundation


Bajaj Auto FAQs

What is Share Price of Bajaj Auto ?

Bajaj Auto share price is ₹3923 As on 23 March, 2023 | 01:15

What is the Market Cap of Bajaj Auto ?

The Market Cap of Bajaj Auto is ₹111031.1 Cr As on 23 March, 2023 | 01:15

What is the P/E ratio of Bajaj Auto ?

The P/E ratio of Bajaj Auto is 18.9 As on 23 March, 2023 | 01:15

What is the PB ratio of Bajaj Auto ?

The PB ratio of Bajaj Auto is 3.7 As on 23 March, 2023 | 01:15

Is Bajaj Auto a good stock to buy?

On a trailing 12-month basis, Bajaj Auto had operating revenue of INR 33,654.20 crore. A yearly sales decline of 8% requires improvement; yet, a pre-tax margin of 21% is excellent, and a return on equity of 17% is remarkable. The company is debt-free and has a robust balance sheet, allowing it to maintain consistent earnings growth over time. According to the expert, Bajaj Auto is a HOLD recommendation.

Is Bajaj Auto Debt Free?

Bajaj Auto is debt-free.

What is the ROE of Bajaj Auto?

Bajaj Auto's ROE is 17%, which is exceptional.

Who is the CEO of Bajaj Auto?

Rajiv Bajaj has been the CEO of Bajaj Auto since April 2005.

How to buy Bajaj Auto Ltd. shares?

You can easily buy the shares of Bajaj Auto Ltd., by registering at 5Paisa and setting up a Demat account in your name.

What is the Debt to Equity ratio of Bajaj Auto Ltd.?

The Debt to Equity ratio for Bajaj Auto Ltd. is 0.01.


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