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Net Sales are expected to increase by 8 percent Y-o-Y (down 0.3 percent Q-o-Q) to Rs. 13,084.4 crore, according to PL Capital.
Revenues and operating profit of Bajaj Auto driven by a rich product mix and robust sales of spare parts
Above-average monsoon expectations and rural-focused budget reforms may lift the volumes for the segment.
Strategic initiatives to expand market share, but stock valuation elevated
The company is estimated to have sold about 10.69 lakh vehicles during January-March 2024, against 8.6 lakh units in the same quarter previous year. That is a growth of over 24 percent.
Jefferies suggests the two-wheeler segment of the company is poised for a rebound and expects a 15 percent volume CAGR in FY24-26
Net Sales are expected to increase by 29.9 percent Y-o-Y (up 12.2 percent Q-o-Q) to Rs 12,096.7 crore, according to Motilal Oswal.
The company’s revenue is expected to grow 7.05 percent year on year due to price hikes and product mixes.
While the domestic market is improving, the export market is also showing signs of recovery
Going forward, the company plans to roll out new products and increase market share
Net Sales are expected to increase by 3 percent Y-o-Y (down 11.8 percent Q-o-Q) to Rs. 8,211.5 crore, according to Motilal Oswal.
Strong domestic demand and the easing of semiconductor chip crunch are positives
Strong domestic demand, easing of semiconductor chip shortage, and a reasonable valuation— 16.9 times FY24 projected earnings – make it attractive
Net Sales are expected to increase by 10.4 percent Y-o-Y (up 20.9 percent Q-o-Q) to Rs. 9,675.1 crore, according to Prabhudas Lilladher.
Bajaj Auto Q1 preview | Price hikes undertaken by the company helped the topline to grow on a year-on-year basis even as volumes likely fell
We remain bullish on Bajaj Auto as the company looks to roll out new products and increase its market share. We also see a significant growth potential in the export markets
Net Sales are expected to decrease by 12.6 percent Y-o-Y (down 16.7 percent Q-o-Q) to Rs. 7,511 crore, according to ICICI Direct.
We remain bullish on the Bajaj Auto business as it plans to roll out new products and increase its market share. We also see a significant growth potential in the export markets
Analysts say a slowdown in rural demand, as well as a decline in export volumes, have hurt the company’s topline and any growth in revenue will be driven by price hikes.
Net Sales are expected to increase by 1.1 percent Y-o-Y (up 4.5 percent Q-o-Q) to Rs. 9,010.2 crore, according to Motilal Oswal.
Decent set of numbers by Bajaj Auto, driven by strong demand in domestic 3W and international 2W segments
Net Sales are expected to increase by 18.6 percent Y-o-Y (up 14.9 percent Q-o-Q) to Rs 8,486.1 crore, according to Motilal Oswal.
Net Sales are expected to increase by 21.6 percent Y-o-Y (up 17.8 percent Q-o-Q) to Rs 8,701 crore, according to ICICI Direct.
We continue to remain upbeat on Bajaj Auto as the company plans to roll out new products, increase its market share and see strong demand momentum in export markets
Net Sales are expected to increase by 141.5 percent Y-o-Y (down 13.5 percent Q-o-Q) to Rs 7,436 crore, according to Sharekhan.