- Bajaj Auto recorded vehicle sales of 469,531 units in September 2024.
- This marks a 20% increase compared to the same period last year.
- Motorcycle sales reached 400,489 units, reflecting a 22% year-over-year growth.
- Exports stood at 157,644 units, showing a 13% increase from last year.
- Analyst recommendations include 22 buys, 9 holds, and 14 sells.
A look at Bajaj Auto Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
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
The long-term outlook for Bajaj Auto Ltd is positive, as indicated by its Smartkarma Smart Scores. With a strong Dividend score of 4 and Resilience score of 4, the company demonstrates stability and a commitment to rewarding its shareholders. Additionally, Bajaj Auto Ltd has a Momentum score of 5, indicating strong market performance and investor interest in the company’s future prospects.
While the Value score of 2 suggests there may be some room for improvement in terms of the company’s valuation, the Growth score of 3 highlights potential opportunities for expansion and development. Overall, Bajaj Auto Ltd appears well-positioned in the market, with a solid foundation in manufacturing and distributing motorized two-wheeled and three-wheeled vehicles.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
