29-06-2025
- Automotive
- Business Insider
Exane BNP Paribas Sticks to Their Hold Rating for Bajaj Auto Limited (BAJAJ.AUTO)
Exane BNP Paribas analyst Kumar Rakesh maintained a Hold rating on Bajaj Auto Limited ( – Research Report) yesterday and set a price target of INR8,050.00. The company's shares closed yesterday at INR8,436.00.
Confident Investing Starts Here:
Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
According to TipRanks, Rakesh is a 2-star analyst with an average return of 0.2% and a 41.67% success rate. Rakesh covers the Technology sector, focusing on stocks such as HCL Technologies Limited, Infosys Limited, and LTIMindtree Limited.
Bajaj Auto Limited has an analyst consensus of Strong Buy, with a price target consensus of INR9,161.00, an 8.59% upside from current levels. In a report released on June 20, Macquarie also maintained a Hold rating on the stock with a INR8,811.00 price target.
Based on Bajaj Auto Limited's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of INR126.89 billion and a net profit of INR21.96 billion. In comparison, last year the company earned a revenue of INR118.92 billion and had a net profit of INR20.33 billion
