Bajaj Auto share price: Buy Bajaj Auto, target price Rs 4490: Emkay Global

Emkay Global has buy call on Bajaj Auto with a target price of Rs 4490. The current market price of Bajaj Auto Ltd. is Rs 3215.35. Time period given by analyst is one year when Bajaj Auto Ltd. price can reach defined target.

Bajaj Auto Ltd., incorporated in the year 2007, is a Large Cap company (having a market cap of Rs 93909.73 Crore) operating in Auto sector.

Bajaj Auto Ltd. key Products/Revenue Segments include Automobile – 2 & 3 Wheelers, Export Incentives, Other Operating Revenue, Royalty Income and Scrap for the year ending 31-Mar-2021.


For the quarter ended 31-12-2021, the company reported a Consolidated Total Income of Rs 9369.31 Crore, up 3.18 % from last quarter Total Income of Rs 9080.50 Crore and up .97 % from last year same quarter Total Income of Rs 9279.06 Crore. Company reported net profit after tax of Rs 1288.42 Crore in latest quarter.

Promoter/FII Holdings
Promoters held 53.73 per cent stake in the company as of 31-Dec-2021, while FIIs owned 10.2 per cent, DIIs 13.22 per cent.

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