Bajaj Auto stock falls 2.17 percent ahead of Q2 results date

Published on 10/07/2026 at 09:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bajaj Auto stock traded at INR 9,800 on October 7, 2026, while the board set October 27 for Q2 FY2027 results. Q1 PAT rose 42 percent.

Bajaj Auto, INE917I01010, Illustration mit AI erstellt.

Bajaj Auto stock (ISIN INE917I01010) was trading at INR 9,800 on the NSE on October 7, 2026 at 12:48 p.m. IST, down 2.17 percent from the previous close of INR 10,017. The next company checkpoint is October 27, 2026, when the board is scheduled to review second-quarter and first-half FY2027 results, according to StockFin.

Q2 results date set

The October 27 meeting covers unaudited standalone and consolidated results for the quarter and half year ended September 30, 2026. That date gives investors a defined event risk after the stock traded between INR 9,727 and INR 9,997 during the October 7 session.

The price was 21.4 percent below the 52-week high of INR 12,470 and 13.9 percent above the 52-week low of INR 8,605. The spread highlights how much of the stock's annual range remains tied to the next earnings update.

Q1 growth meets margin pressure

For Q1 FY2027, Bajaj Auto reported revenue of INR 172.44 billion, up 37 percent year over year, and consolidated profit after tax of INR 30.0 billion, up 42 percent. Investing.com also reported a 20.9 percent EBITDA margin for the quarter.

The operating picture is becoming more differentiated. Management is expanding annual capacity from 7 million to 9 million units, while the Chetak electric business has reached positive EBITDA, according to the same Q1 earnings summary from Investing.com. The tradeoff is execution: higher component, logistics and labor costs could weigh on the second-quarter margin.

Analysts see upside

The analyst consensus remains Buy from 41 analysts, with an average 12-month price target of INR 11,631.13. The highest target is INR 13,700 and the lowest is INR 9,259, according to Investing.com. That range puts the October 7 quote below the lower end of the published target spread, making the October results a key test of the growth narrative.

Stock trades below yearly high

Bajaj Auto stock was last at INR 9,800 on the NSE on October 7, 2026 at 12:48 p.m. IST, with volume of 235,739 shares and a market capitalization of INR 2.7 trillion.