Bajaj Auto (BAJAJ-AUTO) Weekly Analysis
Price & Volume
The stock saw a positive price movement this week, closing 2.75% higher. This marks the second consecutive week of gains for the stock. The trading range for the week was 2.65%. Average daily trading volume increased significantly compared to the previous week.
Technicals
This week, the price closed higher, showing a 2.75% gain. Moving averages are trending upwards, indicating a positive trend. The RSI is at 60.93, suggesting strengthening momentum, and it increased by 6.27 points WoW. Bollinger Bands widened slightly to 9.15%, indicating rising volatility. Overall, the technical picture shows an uptrend with increasing momentum and moderate volatility.
Fundamentals
Bajaj Auto reported strong recent performance with revenue up 41.0% YoY and net profit surging 93.8% YoY in Mar 2026. This growth was driven by a 10.0% QoQ revenue increase and a 27.0% QoQ net profit rise. The company currently trades at a PE ratio of 29.7x and a PB ratio of 8.3x. Operating margin stood at 17.0% in Mar 2026.
News
During the week of July 13-17, 2026, the automotive sector saw developments related to fuel efficiency regulations, with new rules potentially rewarding fuel-saving technologies. India Inc's Q1 performance was driven by pricing rather than volume, with revenue growth estimated between 11-11.5% despite supply disruptions. Multinational corporations were observed shifting inventory to India due to West Asian disruptions, establishing satellite distribution hubs. The India-UK free-trade agreement came into effect, expected to boost bilateral trade and potentially impact automotive sector stocks. Separately, the Indian government was nearing approval for the Semiconductor Mission 2.0, a plan to develop the entire semiconductor value chain.
Events
Bajaj Auto Limited has published a post-buyback advertisement in leading newspapers, fulfilling regulatory requirements following its equity share buyback program.
Bajaj Auto has completed its ₹5,632.8 crore share buyback, repurchasing 46.94 lakh shares. The extinguishment of these shares is expected by July 23, 2026.
Bajaj Mobility AG reported preliminary Q2 2026 revenue of EUR 370 million, a significant increase driven by a 71% rise in motorcycle sales. This strong performance, with motorcycle sales up 81% in H1 2026, indicates robust growth for the subsidiary.
Bajaj Auto has announced local transport arrangements for its 19th Annual General Meeting on July 21, 2026. This information was published in The Indian Express and Sakal newspapers.
Bajaj Auto will host a conference call on July 21, 2026, to discuss its Q1 FY27 financial results with analysts and institutional investors.
Bajaj Auto has completed its ₹5,632.8 crore share buyback, repurchasing 46.94 lakh shares. The extinguishment of these shares is expected by July 23, 2026.
Bajaj Mobility AG reported preliminary Q2 2026 revenue of EUR 370 million, a significant increase driven by a 71% rise in motorcycle sales. This strong performance, with motorcycle sales up 81% in H1 2026, indicates robust growth for the subsidiary.
Bajaj Auto has announced local transport arrangements for its 19th Annual General Meeting on July 21, 2026. This information was published in The Indian Express and Sakal newspapers.
Bajaj Auto will host a conference call on July 21, 2026, to discuss its Q1 FY27 financial results with analysts and institutional investors.
Weekly Snapshot
Highlights
- The stock price increased by 2.75% this week, continuing a positive trend for the second consecutive week, supported by a significant surge in trading volume.
- Technical indicators show a strengthening uptrend with the RSI at 60.93, indicating increasing upward momentum, and the price trading above its 50-day moving average.
- Bajaj Auto completed its ₹5,632.8 crore share buyback, with the extinguishment of shares scheduled by July 23, 2026.
- Bajaj Mobility AG, a subsidiary, reported preliminary Q2 2026 revenue of EUR 370 million, with motorcycle sales up 71%, indicating strong subsidiary performance.
- News highlights that pricing, not volume, is driving India Inc's Q1 performance, with revenue estimated to grow 11-11.5% despite supply disruptions, and fuel-saving technologies may be rewarded.
What This Means
The stock experienced a positive week, marked by a significant price increase and a substantial rise in trading volume, indicating heightened investor interest. Technical indicators support this upward momentum, with the RSI showing strengthening buying pressure and the price trading above key moving averages. Corporate events, including the completion of a share buyback and strong preliminary results from a subsidiary, provide fundamental support. Sector-level news suggests a focus on pricing power and fuel efficiency within the automotive industry, which could benefit companies like Bajaj Auto.
Latest Quarter Info
The company demonstrated robust revenue growth in the Mar 2026 quarter, with a notable 41% year-over-year increase, indicating strong market traction. Quarter-over-quarter revenue also saw a healthy 10% rise, suggesting sustained momentum. Profitability trends are positive, with net profit surging 94% year-over-year and 27% quarter-over-quarter, outpacing revenue growth. The operating margin remained stable at 17%, reflecting effective cost management despite increased operational scale. This combination of accelerating revenue and expanding profitability, supported by stable margins, presents a favorable operational picture for the period.