HighPositive
Announced Wed, 22 Jul · 09:39 IST

Bajaj Auto shares rise over 2% after Q1. Should you buy, sell or hold the stock?

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Bajaj Auto shares rose over 2% after a strong Q1 where consolidated PAT surged 46% year-on-year to Rs 3,226 crore and revenue from operations jumped 65% to Rs 21,689 crore. Total sales rose 29% YoY to 12.22 lakh units, with exports hitting a record over 700,000 units. Motilal Oswal upgraded the stock to Buy with a target of Rs 12,096 and Nuvama retained Buy at Rs 12,000, while JM Financial stayed at Reduce with a Rs 9,850 target citing market share slipping to 10.5%.