INSUBCONTINENT EXCLUSIVE:
Manas Jaiswal of manasjaiswal.com has a buy call on Bajaj Auto Ltd
with a target price of Rs 3,000
The current market price of Bajaj Auto Ltd
Time period given by the analyst is Intra Day when Bajaj Auto Ltd
price can reach the defined target
Manas Jaiswal recommended to keep stoploss at Rs 2884
Bajaj Auto Ltd., incorporated in 2007, is a largecap company with a market cap of Rs 84451.76 crore.
Bajaj Auto Ltd
key Products/Revenue Segments include Automobile - 2 3 Wheelers which contributed Rs 25098.64 Crore to Sales Value (98.18 % of Total
Sales), Export Incentives which contributed Rs 343.43 Crore to Sales Value (1.34 % of Total Sales), Royalty Income which contributed Rs
98.68 Crore to Sales Value (0.38 % of Total Sales), Scrap which contributed Rs 21.31 Crore to Sales Value (0.08 % of Total Sales) and Other
Operating Revenue which contributed Rs 1.20 Crore to Sales Value (0.00 % of Total Sales)for the year ending 31-Mar-2018
For the quarter ended 31-12-2018, the company has reported a Consolidated sales of Rs 7243.07 Crore, down -7.52 % from last quarter Sales
of Rs 7831.79 Crore and up 15.96 % from last year same quarter Sales of Rs 6246.23 Crore Company has reported net profit after tax of Rs
1101.16 Crore in latest quarter
Mr.Madhur Bajaj, Mr.Nanoo Pamnani, Mr.Niraj Bajaj, Mr.P Murari, Mr.Pradeep Shrivastava, Mr.Rahul Bajaj, Mr.Rajiv Bajaj, Mr.Rakesh Sharma,
Mr.Sanjiv Bajaj, Mr.Shekhar Bajaj
Company has SRBC Co LLP as its auditoRs As on 31-12-2018, the company has a total of 289,367,020 shares outstanding.
