- Bajaj Auto’s vehicle sales in August 2024 were 397,804 units, a 16% increase compared to August 2023.
- Motorcycle sales reached 335,178 units, showing an 18% rise from the previous year.
- The company exported 143,977 units, marking a 5.4% increase year-over-year.
- Analyst recommendations include 22 buys, 10 holds, and 13 sells for Bajaj Auto.
- All comparisons are based on the company’s original disclosures from the previous year.
Bajaj Auto Ltd on Smartkarma
Analyst coverage of Bajaj Auto Ltd on Smartkarma is gaining attention with top independent analysts like Pranav Bhavsar providing valuable insights. Pranav Bhavsar‘s recent report titled “Postcard from Agra | India’s 3W EV Adaptation On the Ground” sheds light on the rapid electrification of three-wheelers in Agra. The report offers on-ground insights from tier 2 and tier 3 locations, highlighting the fast-paced electrification trend in this sector. Bhavsar’s thorough analysis aims to provide readers with a deep understanding of the evolving landscape of three-wheeler electrification.
A look at Bajaj Auto Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Bajaj Auto Ltd, a company known for manufacturing and distributing motorized two and three-wheeled vehicles, is poised for a positive long-term outlook. According to Smartkarma Smart Scores, the company received strong ratings across several key factors. With high scores in Dividend, Resilience, and Momentum, Bajaj Auto Ltd demonstrates a solid financial standing and growth potential. This indicates that the company is well-positioned to weather market fluctuations and capitalize on growth opportunities in the future.
Although the company received a moderate score in Value and Growth, the overall picture remains promising for Bajaj Auto Ltd. Investors looking for a company with a good track record of dividends, stability during challenging times, and positive market momentum may find Bajaj Auto Ltd to be a compelling investment option for long-term growth and income generation.
Summary: Bajaj Auto Limited is a manufacturer and distributor of motorized two and three-wheeled scooters, motorcycles, and mopeds, with a promising long-term outlook as indicated by its strong Smartkarma Smart Scores, particularly in Dividend, Resilience, and Momentum.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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