Bajaj Auto stock: Motilal Oswal target of INR 12,162 leaves Bajaj Auto stock at INR 10,405
Published on 10/16/2026 at 18:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and dates
- Motilal Oswal Financial Services set an INR 12,162 target on October 14, 2026.
- Bajaj Auto revenue reached INR 216.89 billion in the first quarter of fiscal 2027, up 65.00 percent year over year.
- Bajaj Auto stock costs INR 10,405 at 3:28 p.m. IST on October 16, 2026, up 0.19 percent versus the INR 10,385 prior close.
- Bajaj Auto trades at a P/E ratio of 24.75 with a market capitalization of INR 2.9 trillion.
Motilal Oswal Financial Services set an INR 12,162 target for Bajaj Auto on October 14, 2026, compared with the stock price of INR 10,070 cited in its note. At INR 10,405, the target sits 16.87 percent above the latest NSE price. Bajaj Auto stock was up 0.19 percent from the INR 10,385 prior close at 3:28 p.m. IST on October 16, 2026.
Revenue sets the earnings base
Bajaj Auto's first-quarter fiscal 2027 revenue reached INR 216.89 billion, a 65.00 percent increase from the year-earlier quarter, according to Screener. Net profit for the June 2026 quarter was INR 31.89 billion, compared with INR 13.85 billion in the June 2025 quarter. The revenue comparison gives the October earnings date a clear numerical reference.
Price stays below the yearly high
The October 16 price of INR 10,405 was INR 2,065 below the 52-week high of INR 12,470 and INR 1,800 above the 52-week low of INR 8,605. That places the stock 16.56 percent below its high and 20.92 percent above its low. Trading volume was 187,049 shares, against an average of 313,528 shares.
Valuation and next date
Bajaj Auto had a P/E ratio of 24.75 and a dividend yield of 0.01 percent on October 16, 2026. Its market capitalization was INR 2.9 trillion. The next results event is scheduled for October 27, 2026, when the company will discuss its second-quarter and first-half fiscal 2027 results, according to the NSE filing.
Comparison with peers
Bajaj Auto (NSE, INR): plus 0.19 percent, P/E 24.75, market capitalization INR 2.9 trillion
Hero MotoCorp (NSE, INR): plus 0.29 percent, P/E 19.20, market capitalization INR 1.0 trillion
TVS Motor (NSE, INR): plus 1.87 percent, P/E 56.73, market capitalization INR 1.9 trillion
Target and earnings in view
The Motilal Oswal target is higher than the current price, while the June quarter delivered a 65.00 percent revenue increase. The October 27 results call will provide the next reported period for comparison. The target and the upcoming date are the main reference points for the stock's valuation.
The stock was INR 10,405 on NSE at 3:28 p.m. IST on October 16, 2026, up 0.19 percent from INR 10,385. The further course of trading is shown by the continuously updated real-time quote of Bajaj Auto stock.
Bajaj Auto stock details
- Company: Bajaj Auto Limited
- ISIN: INE917I01010
- Ticker: BAJAJ-AUTO
- Primary exchange: NSE
- Price NSE (as of October 16, 2026, 3:28 p.m. IST): INR 10,405.00
- Change versus prior close: plus 0.19 percent
- Previous close: INR 10,385.00
- Market capitalization: INR 2.9 trillion (as of October 16, 2026)
- 52-week range: INR 8,605.00-12,470.00 (as of October 16, 2026)
- Sector / Industry: Consumer discretionary / Automobiles
Market context: Market report BSE Sensex.
