BAJAJ AUTO SHARE PRICE TARGET 2023, 2024,2025 TO 2030: CAN BAJAJ AUTO REACH 10000 INR?

As the global automotive industry undergoes rapid transformations and the push for electric vehicles gains momentum, investors and enthusiasts closely monitor the performance of prominent automobile manufacturers. Bajaj Auto, a leading player in the Indian market, has been a key focus of attention due to its historical resilience and forward-thinking approach. In this article, we delve into the potential future trajectory of Bajaj Auto’s share price, analyzing projections and factors that could influence its performance in 2023 to 2030. The burning question remains: Can Bajaj Auto surmount obstacles and achieve the coveted 10000 INR mark.

BAJAJ AUTO SHARE PRICE TARGET

Contents

BAJAJ AUTO IN RECENT NEWS

  • It is crucial for every investor in Bajaj Auto Limited to be well-informed about the dominant shareholders exerting influence on the company. Public companies hold the largest proportion, accounting for a significant 37% stake. In other words, this group represents the highest scope for potential gains (or losses).
  • Undoubtedly, the recent surge in the market capitalization of Bajaj Auto by ₹83b resulted in the greatest advantages for public companies.
  • Bajaj Auto achieves a new milestone as the highly anticipated Bajaj-Triumph Speed 400 and Scrambler 400 X motorcycles approach an impressive count of 13,000 bookings within a mere five days of their launch in the Indian market.

HOW TO BUY BAJAJ AUTO SHARES IN INDIA?

  • Zerodha
  • Upstox
  • 5paisa
  • Groww
  • ICICI Securities
  • Kotak Securities
  • HDFC Securities
  • Sharekhan

BAJAJ AUTO SHARE PRICE TARGET 2023 TO 2025

Let’s examine the statistics regarding the projected share price target for the period between 2023 and 2025, after conducting a thorough review of the company.

BAJAJ AUTO SHARE PRICE TARGET FOR 2023

When Maximum  Minimum 
July 2023 ₹4,873.95 ₹4,430.86
August 2023 ₹4,971.43 ₹4,519.48
September 2023 ₹5,085.77 ₹4,623.43
October 2023 ₹4,937.64 ₹4,488.77
November 2023 ₹5,036.40 ₹4,578.54
December 2023 ₹5,187.49 ₹4,715.90

Based on the provided data, Bajaj Auto’s share price in 2023 exhibits a fluctuating pattern throughout the year. In July, the share price ranged from ₹4,430.86 to ₹4,873.95, while August saw a slight increase with prices ranging from ₹4,519.48 to ₹4,971.43. September witnessed a further uptick, reaching a range of ₹4,623.43 to ₹5,085.77. However, in October, the share price experienced a dip, fluctuating between ₹4,488.77 and ₹4,937.64. November showed a recovery, reaching a range of ₹4,578.54 to ₹5,036.40. By December, the share price climbed higher, ranging from ₹4,715.90 to ₹5,187.49. These figures indicate that Bajaj Auto’s share price in 2023 may witness some volatility, but it demonstrates an overall upward trend throughout the year.

BAJAJ AUTO SHARE PRICE TARGET FOR 2024

When Maximum Minimum
January 2024 ₹5,460.51 ₹4,748.27
February 2024 ₹5,935.34 ₹5,161.17
March 2024 ₹5,995.29 ₹5,213.30
April 2024 ₹5,450.27 ₹4,739.36
May 2024 ₹4,541.89 ₹3,949.47
June 2024 ₹5,450.27 ₹4,739.36
July 2024 ₹4,632.73 ₹4,028.46
August 2024 ₹5,096.00 ₹4,431.30
September 2024 ₹5,350.80 ₹4,652.87
October 2024 ₹6,295.06 ₹5,473.96
November 2024 ₹6,609.81 ₹5,747.66
December 2024 ₹6,742.01 ₹5,862.61

In 2024, Bajaj Auto’s share price demonstrates a mix of fluctuations and steady growth. The year begins with a range of ₹4,748.27 to ₹5,460.51 in January, followed by an upward trend in February and March, with prices ranging from ₹5,161.17 to ₹5,995.29. April, there’s a temporary dip, ranging between ₹4,739.36 and ₹5,450.27. However, May experiences a significant decrease with prices ranging from ₹3,949.47 to ₹4,541.89. The share price then recovers slightly in June, reaching a range of ₹4,739.36 to ₹5,450.27. Moving forward, July witnesses a dip between ₹4,028.46 and ₹4,632.73. From August to December, the share price gradually increases, culminating in a range of ₹5,862.61 to ₹6,742.01. As one of the most valuable global automotive brands, Bajaj Auto’s share price in 2024 showcases moments of volatility but also presents opportunities for growth and higher valuation throughout the year.

BAJAJ AUTO SHARE PRICE TARGET FOR 2025

When Maximum  Minimum
January 2025 ₹6,876.85 ₹5,289.88
February 2025 ₹7,238.79 ₹5,568.30
March 2025 ₹7,600.73 ₹5,846.71
April 2025 ₹6,786.36 ₹5,220.28
May 2025 ₹6,169.42 ₹4,745.71
June 2025 ₹6,786.36 ₹5,220.28
July 2025 ₹6,463.20 ₹4,971.69
August 2025 ₹6,732.50 ₹5,178.85
September 2025 ₹7,069.13 ₹5,437.79
October 2025 ₹7,493.27 ₹5,764.06
November 2025 ₹8,017.80 ₹6,167.54
December 2025 ₹8,178.16 ₹6,290.89

In 2025, Bajaj Auto’s price target showcases a promising trajectory. In the year starting, with a range of ₹5,289.88 to ₹6,876.85 in January, the share price consistently increased over the months. February and March witness further growth, with prices ranging from ₹5,568.30 to ₹7,600.73. While April and May experience slight fluctuations, the share price remains relatively stable. From June to December, the share price gradually rose, reaching a high of ₹8,178.16 and a low of ₹6,290.89. As one of the most valuable global automotive brands, Bajaj Auto’s share price in 2025 reflects positive market sentiment and underscores its position in the industry. It is worth noting that Bajaj Auto was ranked 43rd in the global automotive brands list, further bolstering investor confidence in its potential for growth and profitability.

BAJAJ AUTO SHARE PRICE TARGET FOR 2026 TO 2030

Year Maximum  Minimum 
2026 ₹9,404.88 ₹6,583.42
2027 ₹7,994.15 ₹5,595.91
2028 ₹14,389.47 ₹10,072.63
2029 ₹31,656.84 ₹22,159.79
2030 ₹32,917.09 ₹23,041.97

Looking ahead to the future, Bajaj Auto’s price targets from 2026 to 2030 portray a compelling growth trajectory. In 2026, the share price is projected to reach a highest of ₹9,404.88 and a lowest of ₹6,583.42. The following year, 2027, sees a slight dip with a highest of ₹7,994.15 and a lowest of ₹5,595.91. However, a significant upturn occurs in 2028, where the share price is expected to surge to a highest of ₹14,389.47 and a lowest price of ₹10,072.63. The rising tendency persists in 2029 and 2030, with targets of ₹31,656.84 and ₹32,917.09 for highest  prices, and ₹22,159.79 and ₹23,041.97 for lowest prices, respectively. These projections illustrate the potential for substantial growth in Bajaj Auto’s share price over the coming years, reflecting the company’s resilience and market standing.

BAJAJ AUTO FINANCIAL CONDITION (LAST 5 YEARS)

Year Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Sales 30,358 29,919 27,741 33,145 36,455
Expenses 25,160 24,809 22,803 27,886 29,991
Operating Profit 5,198 5,109 4,938 5,259 6,465
OPM % 17% 17% 18% 16% 18%
Other Income 2,028 1,832 1,570 2,671 1,703
Interest 4 3 7 9 40
Depreciation 266 246 259 270 286
Profit before tax 6,956 6,692 6,241 7,652 7,842
Tax % 29% 22% 22% 19% 23%
Net Profit 4,928 5,212 4,857 6,166 6,060
EPS in Rs 170.29 180.11 167.85 213.08 214.17
Dividend Payout % 35% 67% 83% 66% 65%

Over the past five years, Bajaj Auto has demonstrated a steady financial performance. The company’s sales have experienced a slight decline from 30,358 in March 2019 to 27,741 in March 2021, but showed a notable recovery with 36,455 in March 2023. Despite the fluctuating sales figures, Bajaj Auto managed to effectively control its expenses, resulting in consistent operating profits ranging from 4,938 to 6,465 during this period. The company’s ability to maintain a healthy operating profit margin, with an average of around 17%, indicates efficient cost management. Furthermore, Bajaj Auto’s net profit has shown an upward trend, reaching 6,060 in March 2023, supported by prudent tax planning and a focus on profitability. The company’s consistent dividend payout percentage demonstrates a commitment to sharing profits with shareholders. Overall, Bajaj Auto’s financial condition in the last five years reflects resilience and strategic decision-making, positioning the company well for future growth.

BAJAJ AUTO SHARE PRICE TARGET BY BROKERAGE FIRMS AND EXPERTS

BAJAJ AUTO SHARE PRICE TARGET BY Sharekhan

Sharekhan recommends purchasing Bajaj Auto with a price target of Rs 5600.

BAJAJ AUTO SHARE PRICE TARGET BY Kotak Securities

Kotak Securities Limited suggests buying Bajaj Auto with a target price of Rs 4450.

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MARUTI SUZUKI SHARE PRICE TARGET 2023-2030: CAN IT REACH 50000INR BY 2025?

FAQs

What is the expected share price target for Bajaj Auto in 2024?

The projected share price for Bajaj Auto in 2024 ranges from ₹4,632.73 to ₹6,742.01. The specific target of ₹10,000 is not mentioned in the provided data.

What are the share price targets for Bajaj Auto in 2026 to 2030?

The share price targets for Bajaj Auto in subsequent years show a significant increase. In 2026, the highest projected share price is ₹9,404.88, and it further rises in subsequent years.

Can Bajaj Auto reach ₹10,000 by 2025?

Based on the available data, the highest projected share price for Bajaj Auto in 2025 is ₹8,178.16. While it does not reach ₹10,000 IN 2025 , it is predicted to reach  ₹10,000 around 2028.

What is the Bajaj Auto share price target for 2023?

The share price target for Bajaj Auto in 2023 can be observed that the maximum price ranges from ₹5,187.49 to ₹5,085.77, while the minimum price ranges from ₹4,715.90 to ₹4,430.86 in the respective months. These figures indicate a potential growth in Bajaj Auto’s stock price in 2023.

What is the share price target Bajaj Auto for 2030?

The per share price of Bajaj Auto might reach around ₹32,917.09.

CONCLUSION

Bajaj Auto’s share price has shown a steady upward trend from 2023 to 2030. The prices have experienced both fluctuations and growth over this period. While there is no specific mention of Bajaj Auto reaching a price of ₹10,000 in the given data, it is evident that the share price has been consistently increasing. However, predicting future stock prices accurately is challenging due to various factors such as market conditions, economic fluctuations, and company performance. Therefore, reaching a target of ₹10,000 cannot be definitively concluded based solely on the provided data. Investors and market analysts should carefully evaluate multiple factors and conduct further analysis to make informed decisions about the future prospects of Bajaj Auto’s share price.