Key Highlight
Bajaj Auto shows strong fundamentals with significant revenue and profit growth, alongside high trading volume and bullish analyst sentiment, indicating underlying strength.
Snapshot
Summary
The market is exhibiting strong bullish signals across multiple technical indicators, including trend alignment, momentum, and volume analysis.
The company shows robust financial performance with substantial year-over-year and quarter-over-quarter growth in revenue and net profit.
Analyst ratings are predominantly bullish, with a stable distribution of Buy/Strong Buy recommendations over the past month.
Ownership structure is dominated by promoters, with a recent increase in domestic institutional investor holdings.
Key events include the completion of a significant share buyback and positive preliminary revenue growth for Bajaj Mobility AG.
Recent news highlights include sector-level updates on trade agreements and investor activity, providing broader market context.
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Price & Volume
The market is showing a bullish trend alignment with a score of 3.
Momentum indicators are strong, with a bullish MACD signal and an RSI of 62.93, placing it in the 86.21st percentile over the past year.
Volatility is within expected ranges, with the price trading near the upper Bollinger Band (95.13% of the way up).
Volume analysis indicates accumulation, with the OBV trend rising and a positive delivery trend.
Valuation metrics show the current P/E ratio is slightly above its 6-month average and in the 79.365th percentile.
Technicals
The market is exhibiting strong bullish signals across multiple technical indicators, including trend alignment, momentum (MACD, RSI), and volume analysis (accumulation). While volatility is present, the price is trading near the upper Bollinger Band, suggesting upward momentum. Valuation metrics indicate the P/E ratio is slightly elevated but within its historical range, while the P/B ratio is below its 6-month average. Overall, the technical picture is predominantly positive, with some cautionary notes on valuation.
Fundamentals
The company reported a revenue of ₹17,832 Cr in Mar 2026, a 41.009% increase YoY and a 10.047% increase QoQ.
Net profit saw a significant surge of 93.785% YoY and 26.982% QoQ, reaching ₹3,492 Cr.
EPS grew by 103.069% YoY and 33.177% QoQ, indicating strong earnings per share growth.
Profit before tax increased by 74.557% YoY and 18.6% QoQ.
Events
Bajaj Auto has completed its ₹5,632.8 crore share buyback, with extinguishment by July 23, 2026. Separately, Bajaj Mobility AG reported a preliminary revenue increase to EUR 370 million for Q2 2026, driven by a 71% rise in motorcycle sales. The company also published newspaper advertisements regarding its upcoming 19th AGM on July 21, 2026.