Archive · 22 Jul 2026
Bajaj Auto Stock Surges on Strong Export Growth Outlook
Bajaj Auto's stock price went up by over 4% to reach a new high of Rs 10,838.
This happened because the company did really well in the first quarter of the financial year 2027, with a big increase in revenue and profits.
Brokerage firms like Nuvama and Motilal Oswal are very optimistic about the company's future, especially because of strong exports.
They think the company will sell a lot more motorcycles abroad and recover some market share in India.
However, JM Financial is a bit more cautious, pointing out that the company is still struggling in the domestic market and that costs could hurt profits.
Overall, the company's stock has done well over the past year, and many see it as a good investment.
Bajaj Auto's stock surged over 4% to hit a 52-week high of Rs 10,838.
Q1FY27 revenue grew 37% YoY to Rs 17,240 crore, with EBITDA up 45% YoY.
Brokerages like Nuvama and Motilal Oswal raised target prices, citing strong exports and market share recovery.
JM Financial maintained a 'Reduce' rating but raised the target price, noting persistent domestic weakness.
Export growth is targeted at 17%, with over 2.5 lakh units per month expected in Q2.
- Who
- Bajaj Auto
- What
- Stock surge due to strong export growth outlook and brokerage upgrades
- When
- After Q1FY27 results
- Where
- India
- Why
- Robust exports and brokerage upgrades
Bullish View
Bearish View
Market Share Recovery
Bullish View
Nuvama and Motilal Oswal expect domestic market share recovery to 11% by FY28 due to new launches and refreshes.
Bearish View
JM Financial sees persistent domestic weakness and no meaningful market share gains despite new launches.
Export Growth
Bullish View
Nuvama and Motilal Oswal highlight strong export growth outlook with targets of over 2.5 lakh units per month in Q2.
Bearish View
JM Financial also notes strong exports but cautions about raw material inflation and launch costs.
- Current Share Price
- Rs 10,838
- 52-Week High
- Rs 10,838
- Q1 Revenue Growth
- 37% YoY
- EBITDA Growth
- 45% YoY
- Export Growth Target
- 17%
- Domestic Market Share
- 10.5% in Q1FY27