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Bajaj Auto share price slipped 0.73% to Rs. 973.60 even after the company reported a 32% rise in Q4 revenue to a record Rs. 16,006 crore.
The company announced a Rs. 5,633 crore buyback at Rs. 12,000 per share for 46.94 lakh shares, nearly 1.68% of total equity.
Brokerages are divided, with target prices ranging from Rs. 9,259 to Rs. 11,776 amid concerns around raw material inflation and slower domestic demand.
Bajaj Auto share price dipped 0.73% to Rs. 973.60 at press time. The stock opened at Rs. 992.25. It touched an intraday high of Rs. 992.25 before slipping to a low of Rs. 970.25. The dip came even after the company released good Q4 results and announced a major buyback. However, a strong buying interest is shown by intraday traders and long-term investors today because of the company’s export recovery and dividend announcement.
Bajaj Auto currently has a market capitalisation of Rs. 6.04 lakh crore. Over 34.28 lakh shares exchanged hands worth Rs. 33,283.76 lakh. The stock’s VWAP is Rs. 979.39.
Here’s everything you need to know about Bajaj Auto share price today.
Despite today’s decline, the stock continues to trade near its 52-week high of Rs. 1,102.50. Its 52-week low is Rs. 787.90, showing a strong recovery over the last year. Bajaj Auto’s all-time high is also Rs. 1,102.50, while the adjusted all-time low remains Rs. 0.24. The stock currently trades with a beta of 1, in line with the broader market. Bajaj Auto’s key financial indicators remain strong.
Bajaj Auto share price chart on Moneycontrol shows a loss of 0.64% during the afternoon trading:
The company reported trailing twelve-month EPS of Rs. 30.55, which was up 14.26% year-on-year. The PE ratio is higher at 31.78, compared to the sector PE of 26.45. Dividend yield currently comes in at 2.88%, making the stock attractive for investors looking for steady shareholder returns.
Bajaj Auto’s revenue from operations jumped 32% year-on-year to a record Rs. 16,006 crore in Q4 FY26. Exports are one of the biggest growth drivers for the company. Demand from Latin America improved, while the Nigerian market also showed recovery. Analysts believe the export business is helping Bajaj Auto balance slower domestic demand.
The company also managed to protect profitability despite higher raw material costs. EBITDA margin expanded 60 basis points year-on-year to 20.8% during the quarter. Operating leverage and forex gains helped offset rising input prices.
Brokerages gave mixed views after the Q4 results. HDFC Securities maintained a ‘Buy’ rating and set a target price of Rs. 11,776. The brokerage expects export growth, EV traction, and margin support to continue helping earnings.
Motilal Oswal retained a ‘Neutral’ rating with a target of Rs. 9,965. The analysts warned that geopolitical risks and weaker domestic demand may affect future performance.
JM Financial recommended a ‘Reduce’ rating and revised its target price to Rs. 9,600. The brokerage believes rising raw material costs could pressure margins in the coming quarters despite strong exports.
Among foreign brokerages, Citi gave the stock a ‘Sell’ rating and increased its target price to Rs. 9,300 after the earnings beat. Jefferies kept a ‘Hold’ rating. Meanwhile, Morgan Stanley maintained an ‘Underweight’ stance with a revised target of Rs. 9,259.
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Bajaj Auto plans to repurchase 46.94 lakh shares through the tender offer route. The company fixed the buyback price at Rs. 12,000 per share, which is nearly 15% above previous closing levels. It will spend around Rs. 5,633 crore on the buyback, excluding taxes and transaction-related costs.
The buyback size is nearly 1.68% of the company’s total equity shares. Analysts believe the move may improve investor confidence. It could also support Bajaj Auto shares in the near term.
Bajaj Auto share price’s Immediate resistance is near Rs. 988, whereas the support is at Rs. 969. A break below these levels may increase short-term selling pressure. The company is one of the most closely watched auto stocks.
Strong export growth, healthy earnings, improving EV presence, and its large buyback announcement have boosted investor confidence. You should, however, keep an eye on domestic demand trends and rising commodity costs, which may affect margins in FY27.
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1. Why did Bajaj Auto shares fall today?
Bajaj Auto share price fell 0.73% to Rs. 973.60 as investors booked profits after the recent rally near its 52-week high. Some traders also stayed cautious due to concerns around rising raw material costs and slower domestic motorcycle demand despite strong quarterly earnings.
2. What were Bajaj Auto’s Q4 results?
Bajaj Auto reported record Q4 FY26 revenue of Rs. 16,006 crore, up 32% from last year. EBITDA margin improved to 20.8%, supported by export growth, favourable currency movements, and operating leverage despite rising commodity prices during the quarter.
3. What is Bajaj Auto’s buyback price?
Bajaj Auto announced a buyback worth around Rs. 5,633 crore through the tender offer route. The company plans to repurchase 46.94 lakh shares at Rs. 12,000 per share, which is nearly 15% above previous closing levels.
4. What are brokerages saying about Bajaj Auto stock?
Brokerages gave mixed ratings after the Q4 results. HDFC Securities maintained a Buy call with a target of Rs. 11,776, while Citi kept a Sell rating with a Rs. 9,300 target due to concerns over domestic demand and rising costs.
5. What should investors watch before buying Bajaj Auto shares?
Investors should closely track support near Rs. 969, Rs. 957, and Rs. 950. On the upside, resistance levels are placed around Rs. 988, Rs. 995, and Rs. 1,007, which could decide the stock’s near-term movement.
