ET Markets
12,248.2567.9
Stock Analysis, IPO, Mutual Funds, Bonds & More

Buy Bajaj Auto, price target Rs 3,375: Kunal Bothra

The analyst suggested a stoploss at Rs 3230.

ETMarkets.com|
Updated: Dec 05, 2019, 11.47 AM IST
0Comments
Getty Images
Buy
Bajaj Auto Ltd., incorporated in the year 2007, is a Large Cap company (having a market cap of Rs 94102.15 Crore) operating in Auto sector.
Kunal Bothra of Independent Analyst has a buy call on Bajaj Auto Ltd. with a target price of Rs 3375.0 . The current price of Bajaj Auto Ltd. is Rs 3262.0 . Kunal Bothra recommended to keep a stoploss at Rs 3230 .

Bajaj Auto Ltd., incorporated in the year 2007, is a Large Cap company (having a market cap of Rs 94102.15 Crore) operating in Auto sector.

Bajaj Auto Ltd. key Products/Revenue Segments include Automobile - 2 & 3 Wheelers which contributed Rs 29567.25 Crore to Sales Value (97.74 % of Total Sales), Export Incentives which contributed Rs 457.07 Crore to Sales Value (1.51 % of Total Sales), Royalty Income which contributed Rs 128.67 Crore to Sales Value (0.42 % of Total Sales), Other Operating Revenue which contributed Rs 75.41 Crore to Sales Value (0.24 % of Total Sales) and Scrap which contributed Rs 21.56 Crore to Sales Value (0.07 % of Total Sales)for the year ending 31-Mar-2019.

For the quarter ended 30-09-2019, the company has reported a Consolidated sales of Rs 7499.21 Crore, down -.87 % from last quarter Sales of Rs 7565.01 Crore and down -4.25 % from last year same quarter Sales of Rs 7831.79 Crore Company has reported net profit after tax of Rs 1403.20 Crore in latest quarter.

The company’s top management includes Dr.Gita Piramal, Dr.Naushad Forbes, Dr.Omkar Goswami, Mr.Anami Roy, Mr.D J Balaji Rao, Mr.Madhur Bajaj, Mr.Nanoo Pamnani, Mr.Niraj Bajaj, Mr.Pradeep Shrivastava, Mr.Pradip Shah, Mr.Rahul Bajaj, Mr.Rajiv Bajaj, Mr.Rakesh Sharma, Mr.Sanjiv Bajaj, Mr.Shekhar Bajaj, Mrs.Lila Poonawalla. Company has SRBC & Co LLP as its auditoRs As on 30-09-2019, the company has a total of 289,367,020 shares outstanding.

Also Read

Sell Biocon, target Rs 270: Kunal Bothra

Buy NMDC, target Rs 120: Kunal Bothra

Buy Lupin, target Rs 777: Kunal Bothra

Buy Lupin, target Rs 782: Kunal Bothra

Buy Titan, price target Rs 1,240: Kunal Bothra

Comments
Add Your Comments
Commenting feature is disabled in your country/region.

Other useful Links


Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service