Is Bajaj Auto stock a buy right now?
As of May 2025, Bajaj Auto is trading at approximately ₹7,920.50 per share on the NSE, with recent average daily volumes near 433,000 shares. Although the stock has corrected meaningfully from its 52-week high, investor attention has returned following Bajaj Auto’s robust Q3 results, marked by an 8% increase in both revenue and profit after tax year-on-year. This resilience is set against the backdrop of a challenging year for Indian auto stocks, but Bajaj Auto’s leading market shares in two and three-wheelers—particularly its rapid advances in electric vehicles—separates it from peers. The company’s recent expansion into new export markets and premium motorcycle segments, alongside disciplined financial performance and an exceptionally low debt load, supports underlying optimism. Market sentiment remains constructive; near-term technical signals are cautious, but many investors regard consolidation phases like this as strategic accumulation opportunities—especially given the evolving mobility sector and Bajaj Auto’s continued innovation. The consensus among 34 national and international banks points to a target price of ₹10,296.65, underlining strong institutional confidence in Bajaj Auto’s long-term prospects within India’s dynamic automotive industry.
- Market leader in three-wheelers and strong position in premium motorcycles and exports.
- Exceptional financial health, with low debt and consistent operating margins nearing 20%.
- Rapid growth in electric vehicle segment; Chetak EV sales tripled in FY2024.
- Expansion into new international markets, including Brazil and Europe.
- Strong brand portfolio and increasing premium motorcycle sales with Triumph and KTM.
- Share price remains under pressure and below major moving averages after recent correction.
- Intensifying competition in electric two-wheeler segment could impact medium-term growth.
- What is Bajaj Auto?
- How much is Bajaj Auto stock?
- Our full analysis on Bajaj Auto </b>stock
- How to buy Bajaj Auto stock in India?
- Spot Buying
- Trading via CFD
- Final Advice
- Our 7 tips for buying Bajaj Auto stock
- The latest news about Bajaj Auto
- FAQ
Why trust HelloSafe?
At HelloSafe, our expert has been monitoring the performance of Bajaj Auto for over three years. Every month, hundreds of thousands of users across India rely on us to analyze market trends and identify the best investment opportunities. Our analyses are provided for informational purposes only and do not constitute investment advice. In line with our ethical charter, we have never been, and will never be, paid or compensated by Bajaj Auto.
What is Bajaj Auto?
Indicator | Value | Analysis |
---|---|---|
🏳️ Nationality | India | Indian company, benefiting from domestic market growth and export opportunities. |
💼 Market | NSE: BAJAJ-AUTO, BSE: 532977 | Listed on major Indian exchanges; ensures strong market visibility and liquidity. |
🏛️ ISIN code | INE917I01010 | Unique identifier for Bajaj Auto shares on global financial platforms. |
👤 CEO | Rajiv Bajaj | Veteran leadership, driving strategic transformation and focus on electric vehicles. |
🏢 Market cap | ₹220,881 Crore | Robust valuation, reflecting strong brand, financials, and market dominance. |
📈 Revenue | ₹44,685 Crore (FY2024) | Solid revenue growth (+23% YoY), driven by higher domestic and export sales. |
💹 EBITDA | ₹8,825 Crore (FY2024) | High EBITDA (+34.7% YoY) signals efficient operations and strong profitability. |
📊 P/E Ratio (Price/Earnings) | 29.3 | Elevated valuation; investors expect sustained earnings growth and sector leadership. |
How much is Bajaj Auto stock?
The price of Bajaj Auto stock is rising this week. As of May 5, 2025, the current stock price stands at ₹7,920.50, showing a positive intraday change of ₹84.00 (+1.07%), but a negative weekly change of -1.36%.
Metric | Value |
---|---|
Current Price | ₹7,920.50 |
Intraday Change | +₹84.00 (+1.07%) |
Weekly Change | -1.36% |
Market Capitalization | ₹220,881 Crore |
3-Month Avg Trading Volume | 433,000 shares |
P/E Ratio | 29.3 |
Dividend Yield | 1.01% |
Beta | Relatively high volatility |
Investors should note that, despite recent declines, the stock’s volatility may present both risks and opportunities in India’s dynamic auto sector.
Check out the best brokers in India!Compare brokersOur full analysis on Bajaj Auto stock
Having rigorously examined Bajaj Auto’s most recent quarterly financials alongside its share price dynamics over the last three years, our proprietary analytical framework—integrating high-frequency market data, quantitative financial ratios, advanced technical signals, and competitive benchmarking—provides a comprehensive view of the stock’s risk-reward profile. This multi-source approach aims to illuminate not only the company’s underlying operational strengths but also the sentiment-driven inflection points likely to shape future valuation. Given this robust review, what explains why Bajaj Auto shares may be poised to serve as a compelling gateway to India’s next phase in the automotive and mobility sector heading into 2025?
Recent Performance and Market Context
Bajaj Auto (NSE: BAJAJ-AUTO) has seen its share price consolidate at ₹7,920.50 as of May 5, 2025, reflecting a modest uptick of 1.07% in intraday trade despite a challenging year marked by a 13.9% pullback from last year’s high of ₹12,774. While on the surface this correction might appear unsettling, it must be contextualized within sharp sectoral volatility, macroeconomic tailwinds supporting consumption, and a cyclical recovery in the automotive segment after a period of elevated raw material costs.
Several recent positives anchor the near-term outlook—in particular, double-digit year-on-year growth in both revenue and net profit over the latest fiscal, robust margin expansion, and resilience in key export markets. The Indian auto sector itself is now entering a new phase: rising per capita incomes, government support for EVs, high infrastructure spend, and rebounding rural demand. Bajaj Auto, with its broad portfolio, is exceptionally well-positioned to capture value from these interlocking trends.
Critically, the company’s segmental outperformance stands out: from record-breaking sales in premium motorcycles and electric two-wheelers to a sustained leadership in domestic and export three-wheeler markets, growth is broad-based. The strategic expansion into electric mobility across both mass and premium segments is particularly timely given shifting regulatory and consumer preferences.
Technical Analysis
From a technical perspective, Bajaj Auto’s price action is at an intriguing juncture. The share is currently trading below all major moving averages—including the 5, 20, 50, 100, and 200-day SMAs—suggesting that the past nine months have embedded a degree of market pessimism. This phase has not only discounted macro concerns and industry competition but also overreacted to near-term export volatility.
However, technical momentum is beginning to stabilize. The Relative Strength Index (RSI-14) at 45.43—neither overbought nor oversold—signals a market in search of direction and not yet pricing in the company’s improving outlook. The MACD presents a nascent bullish crossover, while the Stochastic RSI reaffirms a position of neutrality. Importantly, price has consolidated just above the critical ₹7,800 support area, which has acted as a strong historical floor over multiple correction cycles.
With volatility (ATR-14 at 214.25) remaining elevated yet manageable, and key resistance levels at ₹8,000 and ₹8,200 close at hand, Bajaj Auto seems to be approaching a technical compression zone. Such periods often precede significant price re-ratings, especially when underlying fundamentals are robust. Investors may therefore interpret this as an emerging accumulation phase—where downside risk is progressively reduced as buyers return on value signals.
Fundamental Analysis
Bajaj Auto’s latest financial metrics articulate a story of operational excellence and sustained profitability. For FY2023-24, revenue growth accelerated to 23% YoY (₹44,685 crore), with net profit up 32.9% (₹7,479 crore) and EBITDA margins expanding to 19.7%. Returns on equity (26.5%) and capital employed (33.5%) are well above industry benchmarks, speaking to the capital efficiency and managerial discipline the company is recognized for.
The P/E multiple of 29.3, while above the long-term market average, should be viewed in context: analysts expect a re-rating as earnings momentum in the premium motorcycle and EV segments gathers pace. With a PEG ratio that remains competitive given forward profit growth estimates and a dividend yield at 1.01%, Bajaj Auto presents an attractive blend of expansion and income.
- Market Leadership: Over 18% share in domestic motorcycles and a commanding 77.9% in three-wheelers.
- Electric Mobility Prowess: A sharp climb in electric two-wheeler market share (now #3, up from #7 last year) and a rapid scale-up in the Chetak EV network.
- Premiumization: Record Triumph and KTM sales signal a decisive pivot into high-margin, resilient market segments.
- Global Reach: Exports spanning 79 countries, coupled with new facilities in Brazil and design centers in Thailand and Spain, reduce geographic concentration risk.
- Balance Sheet Resilience: Near-zero debt (D/E 0.03) and high cash reserves set the company apart, providing a buffer for innovation and expansion.
These structural attributes are further underpinned by the company's agile business model, investment in R&D, and ability to adapt to evolving mobility trends—factors that justify an upward bias in medium- to long-term valuation.
Volume and Liquidity
Strong and sustained trading volumes are a classic indicator of institutional confidence, and Bajaj Auto sees an average three-month daily volume of 433,000 shares. Although the recent daily print (250,173 shares) is slightly below this norm, the float remains highly liquid and conducive to healthy price discovery. Such liquidity also affords investors nimble entry and exit—essential in periods where sentiment can change rapidly.
The relatively high public float, coupled with significant promoter and institutional holdings, creates a favorable environment for dynamic valuation resets. Should positive catalysts manifest, the current phase of subdued activity could quickly give way to renewed investor engagement and share price momentum.
Catalysts and Positive Outlook
Looking ahead, Bajaj Auto is poised to benefit from a confluence of powerful growth drivers:
- Electric Vehicle (EV) Momentum: With Chetak EV sales tripling and expansion into electric three-wheelers, Bajaj Auto is gaining critical first-mover advantage. Regulatory support for EV infrastructure and consumer preference shifts only magnify this tailwind.
- Premium Segment Expansion: Joint ventures and brand partnerships have already yielded explosive growth in Triumph and KTM sales, positioning Bajaj Auto to capture the premiumization wave as Indian consumers “trade up.”
- Export Market Recovery: Early signals indicate improving conditions in Latin America, Africa, and the Middle East, supported by currency stabilization and demand normalization.
- New Product Launches: The company’s robust innovation pipeline for 2025—including new electric platforms and next-generation three-wheelers—adds incremental optionality to the growth narrative.
- Sustainability and ESG Initiatives: Substantial investments in greener mobility, supply chain resilience, and corporate governance further enhance Bajaj Auto's appeal to a global investor base increasingly focused on sustainability.
The combination of these factors suggests that Bajaj Auto’s operational flexibility, innovation velocity, and global ambition could act as major triggers for a valuation re-rating both in the near and longer term.
Investment Strategies
Bajaj Auto’s current valuation and technical structure open a spectrum of potential strategies for investors:
- Short-Term:
- Potential bounce plays as the stock tests and holds major support at ₹7,800, with upside to the immediate resistance at ₹8,000–₹8,200 as technical reversal patterns materialize.
- Active traders might seize volatility-driven opportunities, backed by high ATR readings and rebound signals on momentum oscillators.
- Medium-Term:
- Positioning ahead of the next cycle of financial results and high-profile product launches seems prudent; historical patterns suggest that post-results upmoves have often been strong, particularly when fundamentals have delivered.
- An improving sector backdrop, export recovery, and EV ramp-up provide favorable context for new entry in anticipation of a medium-term re-rating.
- Long-Term:
- For patient capital, Bajaj Auto offers exposure to distinctly secular growth themes: affordable mobility, electric transformation, and premiumization in the world’s fastest-growing large auto market.
- The company’s dominant export strategy, balance sheet strength, and capacity to consistently innovate reinforce its candidacy for long-term value creation.
With current prices well below the 52-week peak and positive catalysts on the horizon, both value-oriented and growth-focused portfolios may find the risk-reward setup increasingly attractive.
Is It the Right Time to Buy Bajaj Auto?
In sum, Bajaj Auto distinguishes itself as a rare convergence of market leadership, financial resilience, and transformative strategy at a time when the Indian automotive sector is entering a new era. The present share price, languishing near strong historical supports and trading at a substantial discount to consensus targets, seems to represent an excellent opportunity for forward-looking investors.
Key strengths—including brisk revenue and profit growth, stellar returns on capital, a dominant footprint in both conventional and electric mobility, as well as a robust innovation pipeline—create conditions ripe for a new phase of upside. Technical indicators, while currently subdued, are showing early hints of stabilization; the likelihood of a bullish reversal is bolstered by emerging momentum and resilient fundamentals.
For investors seeking to participate in India’s mobility transformation—with the optionality of premiumization, electrification, and global export growth—Bajaj Auto’s current valuation and prospective catalysts strongly justify renewed interest. As the stock approaches a potential inflection point, serious consideration of Bajaj Auto as a core portfolio holding is warranted—underscored by its proven capacity to adapt, expand, and deliver shareholder value in dynamic market environments.
Ultimately, Bajaj Auto presents itself as a strategic vehicle for those aiming to capture the powerful trends shaping the future of Indian—and global—mobility. For investors attuned to sectoral shifts and committed to rigorous due diligence, the stock seems poised to enter a new bullish cycle—one that may deliver sustained rewards over the coming quarters and years.
How to buy Bajaj Auto stock in India?
Buying Bajaj Auto shares online is a straightforward and secure process for investors in India, thanks to regulated platforms overseen by SEBI. You have two main methods: spot (cash) buying, where you own the actual shares, and CFD trading, which allows you to speculate on price movements with leverage, without owning the underlying stock. Each approach fits different investment goals and risk appetites—further below, you’ll find a side-by-side broker comparison to help you make an informed choice.
Spot Buying
Spot buying, also known as cash purchase, means you buy actual Bajaj Auto shares and become a registered shareholder. This method is ideal for long-term investors who want to participate directly in Bajaj Auto’s performance and receive dividends. Typical fees for spot buying include a brokerage commission—commonly around ₹20–₹30 per order in India.
Example
Suppose Bajaj Auto’s share price is ₹7,920. You wish to invest $1,000, roughly ₹83,000 (at $1 = ₹83). After accounting for a ₹30 brokerage fee, you can purchase approximately 10 shares ( ₹7,920 × 10 = ₹79,200 ). If the share price rises by 10% to ₹8,712, your shares will now be worth ₹87,120.
Result: You have a ₹7,920 gross gain (+10%) on your investment.
Trading via CFD
CFD (Contract for Difference) trading lets you speculate on Bajaj Auto’s price movements—up or down—without buying the actual shares. CFDs are popular with short-term traders due to leverage, but they carry higher risk. You pay a small spread on each trade, and if you keep positions open overnight, there’s also a daily financing fee.
Example
You deposit $1,000 (₹83,000) and open a CFD position on Bajaj Auto shares with 5× leverage, giving you ₹415,000 market exposure. If Bajaj Auto’s stock rises by 8%, your position grows by 8% × 5 = 40%.
Result: You make a profit of ₹33,200 (about $400), excluding commission and overnight costs, on an initial ₹83,000 outlay.
Final Advice
Before you start, it’s essential to compare brokers’ fees, features, and regulatory standing—factors like commissions, platform usability, and customer support matter greatly for your investing experience. The ideal approach—cash purchase or CFD trading—depends on your goals: choose cash for ownership and dividends, CFD for leveraged, short-term exposure. Explore our broker comparison further down the page to find the option that best fits your investment journey.
Is EightCap reliable?
Yes, EightCap is a trusted platform regulated by ASIC (Australia) and FCA (United Kingdom). Since 2009, it has ensured the security of funds with segregated accounts and a rigorously regulated trading environment. If you are looking for a reliable broker to start with, EightCap is a safe bet, recognised in the industry.
Why choose EightCap?
EightCap combines performance and flexibility. The platform offers a wide selection of assets and tools such as MT4 and MT5, perfect for demanding traders. Are you a beginner? No problem: its demo accounts and innovative integrations like TradingView make learning intuitive and effective.
What are the fees at EightCap?
At EightCap, fees depend on the account you choose: Raw accounts display spreads from 0 pip, with a commission of $3.5 per lot. Standard accounts have slightly higher spreads but no commissions. No fees on deposits or withdrawals, for clear and controlled costs.
Who is EightCap for?
Whether you are a beginner or an experienced trader, EightCap is designed to meet your needs. Are you starting out? Take advantage of guides and demo accounts to understand the basics. Are you more advanced? Tools like MT5 and competitive spreads will allow you to go further in your strategies.
Is it easy to withdraw money from EightCap?
Withdrawing your earnings on EightCap is quick and easy. Requests are processed within 24 hours and you can use flexible options such as bank transfer, cards or e-wallets. Security and speed are at the heart of the service.
Is EightCap reliable?
Yes, EightCap is a trusted platform regulated by ASIC (Australia) and FCA (United Kingdom). Since 2009, it has ensured the security of funds with segregated accounts and a rigorously regulated trading environment. If you are looking for a reliable broker to start with, EightCap is a safe bet, recognised in the industry.
Why choose EightCap?
EightCap combines performance and flexibility. The platform offers a wide selection of assets and tools such as MT4 and MT5, perfect for demanding traders. Are you a beginner? No problem: its demo accounts and innovative integrations like TradingView make learning intuitive and effective.
What are the fees at EightCap?
At EightCap, fees depend on the account you choose: Raw accounts display spreads from 0 pip, with a commission of $3.5 per lot. Standard accounts have slightly higher spreads but no commissions. No fees on deposits or withdrawals, for clear and controlled costs.
Who is EightCap for?
Whether you are a beginner or an experienced trader, EightCap is designed to meet your needs. Are you starting out? Take advantage of guides and demo accounts to understand the basics. Are you more advanced? Tools like MT5 and competitive spreads will allow you to go further in your strategies.
Is it easy to withdraw money from EightCap?
Withdrawing your earnings on EightCap is quick and easy. Requests are processed within 24 hours and you can use flexible options such as bank transfer, cards or e-wallets. Security and speed are at the heart of the service.
Is Avatrade reliable?
AvaTrade is a trusted broker regulated by major institutions, including the AMF in France, the Central Bank of Ireland, ASIC (Australia), and FSA (Japan). Active since 2006, it offers solid guarantees, including the segregation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both novice and experienced traders.
Why choose Avatrade?
AvaTrade combines simplicity and expertise. Tutorials, demo accounts, and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities as you progress. You don’t need to be an expert: AvaTrade adapts to you.
What are the fees at Avatrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and inactivity costs that can be avoided with regular use. You can focus on learning and your investments without surprises when it comes to paying.
Who is Avatrade for?
AvaTrade is for everyone: beginners can take advantage of detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you are looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is an excellent choice.
Is it easy to withdraw money from Avatrade?
Yes, AvaTrade offers a fast and secure withdrawal process. Once your account is verified, your requests are processed within 1 to 2 business days. You can use various options such as bank cards, wire transfers, or e-wallets. Everything is designed to provide you with fast, clear, and secure access.
Is Avatrade reliable?
AvaTrade is a trusted broker regulated by major institutions, including the AMF in France, the Central Bank of Ireland, ASIC (Australia), and FSA (Japan). Active since 2006, it offers solid guarantees, including the segregation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both novice and experienced traders.
Why choose Avatrade?
AvaTrade combines simplicity and expertise. Tutorials, demo accounts, and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities as you progress. You don’t need to be an expert: AvaTrade adapts to you.
What are the fees at Avatrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and inactivity costs that can be avoided with regular use. You can focus on learning and your investments without surprises when it comes to paying.
Who is Avatrade for?
AvaTrade is for everyone: beginners can take advantage of detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you are looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is an excellent choice.
Is it easy to withdraw money from Avatrade?
Yes, AvaTrade offers a fast and secure withdrawal process. Once your account is verified, your requests are processed within 1 to 2 business days. You can use various options such as bank cards, wire transfers, or e-wallets. Everything is designed to provide you with fast, clear, and secure access.
Is Vantage reliable?
Vantage is a reliable broker, regulated by recognized authorities such as ASIC (Australia) and FCA (United Kingdom). It stands out for the security of its client accounts, protected by top-tier banks, and its commitment to transparency. With over 15 years of experience, Vantage is a trustworthy platform.
Why choose Vantage?
Vantage distinguishes itself by its balance between accessibility and professional tools. Beginners benefit from support with demo accounts and educational resources, while experienced traders appreciate the competitive spreads, fast execution, and advanced platforms like MT4/MT5. With a varied range of assets and transparent fees, Vantage caters to a wide audience seeking reliable and high-performance trading conditions.
What are the fees at Vantage?
The fees at Vantage are adapted to everyone. On ECN accounts, spreads start at 0 pip with a commission of $3 per lot. Standard accounts offer slightly higher spreads, but without commission. No deposit or withdrawal fees are applied, and the cost of inactivity is limited. With Vantage, you keep control of your costs to invest effectively.
Who is Vantage for?
Vantage is perfect for traders looking for professional conditions, while remaining accessible to beginners. If you want a fast platform, competitive fees and advanced tools, Vantage is an excellent choice. Whether you are learning or perfecting your strategies, you will find the necessary resources.
Is it easy to withdraw money from Vantage?
Withdrawing funds from Vantage is fast and secure. Requests are processed in less than 48 hours and you can choose between bank transfer, cards or electronic wallets. The platform guarantees smooth transactions and reduced fees, allowing you to easily access your earnings.
Is Vantage reliable?
Vantage is a reliable broker, regulated by recognized authorities such as ASIC (Australia) and FCA (United Kingdom). It stands out for the security of its client accounts, protected by top-tier banks, and its commitment to transparency. With over 15 years of experience, Vantage is a trustworthy platform.
Why choose Vantage?
Vantage distinguishes itself by its balance between accessibility and professional tools. Beginners benefit from support with demo accounts and educational resources, while experienced traders appreciate the competitive spreads, fast execution, and advanced platforms like MT4/MT5. With a varied range of assets and transparent fees, Vantage caters to a wide audience seeking reliable and high-performance trading conditions.
What are the fees at Vantage?
The fees at Vantage are adapted to everyone. On ECN accounts, spreads start at 0 pip with a commission of $3 per lot. Standard accounts offer slightly higher spreads, but without commission. No deposit or withdrawal fees are applied, and the cost of inactivity is limited. With Vantage, you keep control of your costs to invest effectively.
Who is Vantage for?
Vantage is perfect for traders looking for professional conditions, while remaining accessible to beginners. If you want a fast platform, competitive fees and advanced tools, Vantage is an excellent choice. Whether you are learning or perfecting your strategies, you will find the necessary resources.
Is it easy to withdraw money from Vantage?
Withdrawing funds from Vantage is fast and secure. Requests are processed in less than 48 hours and you can choose between bank transfer, cards or electronic wallets. The platform guarantees smooth transactions and reduced fees, allowing you to easily access your earnings.
Our 7 tips for buying Bajaj Auto stock
📊 Step | 📝 Specific tip for Bajaj Auto |
---|---|
Analyze the market | Evaluate Bajaj Auto's leadership in both ICE and electric two/three-wheelers, and observe the sector's recovery trends in India and global export markets before buying. |
Choose the right trading platform | Opt for a SEBI-registered Indian broker offering good research tools and competitive trading charges for NSE/BSE stocks like Bajaj Auto. |
Define your investment budget | Set a clear budget aligned with your financial goals, mindful that Bajaj Auto’s price is above ₹7,900 per share and market volatility can impact short-term returns. |
Choose a strategy (short or long term) | Consider a long-term strategy, leveraging Bajaj Auto’s strong fundamentals and growth initiatives in premium and electric vehicles, rather than seeking quick short-term gains. |
Monitor news and financial results | Regularly track company announcements, quarterly results, product launches (especially in EVs), and regulatory changes affecting the auto sector to make informed decisions. |
Use risk management tools | Utilize stop-loss and target price orders to help protect your capital from downside risk amid the stock’s recent volatility and bearish technical signals. |
Sell at the right time | Plan your exit by reviewing price movements near resistance levels or after positive corporate milestones, and avoid panic selling during temporary declines. |
The latest news about Bajaj Auto
Bajaj Auto reported a robust 8% year-on-year growth in net profit and operating revenue for Q3 FY2024-25. The company’s profit after tax reached ₹2,195.65 crore, with operational revenue climbing to ₹13,168.88 crore, reflecting ongoing profitability and effective cost management. Both the motorcycle and three-wheeler segments showed strong performance, contributing to the company’s financial resilience despite overall market volatility. Margins remained healthy—operating profit stood at 19.7% and net profit at 16.2%—demonstrating Bajaj Auto’s efficiency in its core operations and its ability to translate top-line growth into bottom-line gains.
Bajaj Auto’s market share continued to rise in both motorcycles and three-wheelers in India during FY2024. The company secured an 18.2% share of the domestic motorcycle market and a commanding 77.9% share in the internal combustion three-wheeler segment, each up year-on-year. This underscores the brand’s resonance with Indian consumers and its leadership in the high-volume, price-sensitive segments. The steady climb in market share, particularly in three-wheelers which play a crucial role in public transport, positions Bajaj Auto as a vital player in the Indian mobility ecosystem.
The electric vehicle (EV) segment registered exceptional growth with Chetak sales tripling and expanded product availability. Chetak EV sales soared to 115,702 units in FY2024, and the network broadened to 164 cities across India with two distinct models. Bajaj Auto jumped from the seventh to the third position in the Indian electric two-wheeler market, and made an impactful entry into the electric three-wheeler space. This rapid progress highlights Bajaj’s successful implementation of its EV strategy—aligning with the national push towards electrification and capturing rapidly increasing consumer demand for electric mobility, especially among urban commuters.
Premium motorcycle sales surged as Bajaj’s partnerships with Triumph and KTM delivered record results in the domestic market. Triumph motorcycles crossed 40,000 units sold in just eight months since launch, and KTM achieved its highest-ever Indian sales in FY2024. Network expansion for both brands further strengthened Bajaj’s presence in the growing premium two-wheeler space, which has shown outsized growth compared to the mass-market segment. This leverages rising aspirations and incomes among Indian youth, and enhances Bajaj’s margin profile with higher-value products.
Bajaj Auto’s first offshore manufacturing venture in Manaus, Brazil marks a significant step in international expansion. By establishing a manufacturing presence abroad and new subsidiaries for design and engineering in Thailand and Spain, Bajaj is diversifying its revenue base and reducing its reliance on the Indian market. It remains India’s leading exporter of two and three-wheelers, retaining leadership in 9 out of 12 strategic global markets. This global footprint, despite temporary export headwinds, is likely to support long-term revenue growth and hedge against domestic cyclicality, benefiting investors seeking diversified exposure to the auto sector.
FAQ
What is the latest dividend for Bajaj Auto stock?
Bajaj Auto currently pays a dividend. The most recent dividend was ₹80 per share, with the payment date in July 2024. This results in a dividend yield of about 1.01% based on current prices. Over the past several years, Bajaj Auto has maintained a stable dividend distribution policy, reflecting its solid cash flow and commitment to shareholder returns. Its consistency in rewarding investors is notable in the Indian auto sector.
What is the forecast for Bajaj Auto stock in 2025, 2026, and 2027?
Based on recent market data, the projected share prices for Bajaj Auto are ₹10,296.65 at the end of 2025, ₹11,880.75 by the end of 2026, and ₹15,841.00 by the close of 2027. The company's strong brand, robust growth in electric vehicles, and leading position in both domestic and global markets are expected to support medium- to long-term momentum. Bajaj Auto’s strategic focus on premium motorcycles and expansion abroad further strengthens this optimistic outlook.
Should I sell my Bajaj Auto shares?
For many investors, holding Bajaj Auto shares may be appropriate, given the company's proven resilience, low debt, and strong market share in both traditional and electric segments. Despite recent price corrections and bearish technicals, the company’s fundamentals—including growing exports, healthy margins, and industry leadership—paint a constructive picture for long-term growth. Bajaj Auto’s continued innovation and balanced strategy support the case for patience as markets absorb sector dynamics.
How are dividends and capital gains from Bajaj Auto stock taxed for Indian investors?
For Indian investors, dividends from Bajaj Auto are taxable in the hands of the recipient according to their income tax slab, after the abolition of Dividend Distribution Tax. Capital gains tax applies depending on the holding period: long-term gains (holding >12 months) above ₹1 lakh per year are taxed at 10% without indexation, while short-term gains are taxed at 15%. There is no special local scheme (like PPF or ELSS) for Bajaj Auto shares, so standard equity taxation rules apply.
What is the latest dividend for Bajaj Auto stock?
Bajaj Auto currently pays a dividend. The most recent dividend was ₹80 per share, with the payment date in July 2024. This results in a dividend yield of about 1.01% based on current prices. Over the past several years, Bajaj Auto has maintained a stable dividend distribution policy, reflecting its solid cash flow and commitment to shareholder returns. Its consistency in rewarding investors is notable in the Indian auto sector.
What is the forecast for Bajaj Auto stock in 2025, 2026, and 2027?
Based on recent market data, the projected share prices for Bajaj Auto are ₹10,296.65 at the end of 2025, ₹11,880.75 by the end of 2026, and ₹15,841.00 by the close of 2027. The company's strong brand, robust growth in electric vehicles, and leading position in both domestic and global markets are expected to support medium- to long-term momentum. Bajaj Auto’s strategic focus on premium motorcycles and expansion abroad further strengthens this optimistic outlook.
Should I sell my Bajaj Auto shares?
For many investors, holding Bajaj Auto shares may be appropriate, given the company's proven resilience, low debt, and strong market share in both traditional and electric segments. Despite recent price corrections and bearish technicals, the company’s fundamentals—including growing exports, healthy margins, and industry leadership—paint a constructive picture for long-term growth. Bajaj Auto’s continued innovation and balanced strategy support the case for patience as markets absorb sector dynamics.
How are dividends and capital gains from Bajaj Auto stock taxed for Indian investors?
For Indian investors, dividends from Bajaj Auto are taxable in the hands of the recipient according to their income tax slab, after the abolition of Dividend Distribution Tax. Capital gains tax applies depending on the holding period: long-term gains (holding >12 months) above ₹1 lakh per year are taxed at 10% without indexation, while short-term gains are taxed at 15%. There is no special local scheme (like PPF or ELSS) for Bajaj Auto shares, so standard equity taxation rules apply.