Bajaj Auto has delivered a stellar performance for the first quarter of fiscal year 2027, sending its stock price up by more than 2%. The company reported a significant net profit of Rs 3,226 crore, marking a 46% year-on-year increase that exceeded market expectations.
Driving this momentum was a massive 65% jump in revenue, which climbed to Rs 21,689 crore. The strong top-line growth reflects sustained demand and operational efficiency across the firm’s vehicle portfolio.
Following these financial results, investment firm Motilal Oswal shifted its stance on the stock, upgrading it from 'Neutral' to 'Buy'. Analysts have set a new price target of Rs 12,096, signaling a potential upside of approximately 16% for investors.
Key Highlights:
- Net profit soared to Rs 3,226 crore.
- Revenue increased by 65% to Rs 21,689 crore.
- Motilal Oswal projects 16% further upside potential.
