- Current Price (Approx.): ₹9,030.50 per share
- Intra-day Range: ₹8,926 – ₹9,109.50
- Previous Day Closing: ₹8,967 — the stock gained around 0.7% today
- YTD High / Low: ₹12,774 (52-week high), ₹7,089.35 (52-week low)
- Market Cap: Approximately ₹2.52 lakh crore
- Key Valuation Metrics:
- P/E Ratio: ~33×
- P/B Ratio: ~7×
- Dividend Yield: ~2.3%
What's Driving the Stock Price?
- Sales Momentum: Bajaj Auto reported a 5% YoY rise in August sales to 4,17,616 units, led by strong export growth (29% increase) .
- Investor Confidence: The share price gained between 2.5% to 4% following the sales data — reflecting renewed bullish sentiment .
- Sector Strength: The Nifty Auto Index surged 3%, with Bajaj Auto among the top performers, boosting overall investor sentiment in the auto sector .
Summary Table
| Metric | Value |
|---|---|
| Current Share Price | ₹9,030.50 (approx.) |
| Price Movement Today | Up ~0.7% |
| 52-Week Range | ₹7,089.35 – ₹12,774 |
| Market Cap | ₹2.5 lakh crore |
| Valuation Ratios | P/E ~33×, P/B ~7× |
| Dividend Yield | ~2.3% |
| Recent Catalyst | Strong August sales |
Final Note
Bajaj Auto continues to demonstrate robust export-driven growth, contributing to today’s stock rally. While domestic demand remains mixed, the company’s strong Q1 performance and favorable global positioning make the stock a key mover in the auto sector.
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