Bajaj Auto Share Price Target 2022, 2023, 2024, 2025, And 2030: Hi! Hope everyone is fine there. Today, we are going to do a complete detailed analysis which includes technical and target analysis about Bajaj Auto Share Price Targets.
We are going to tell you the Company quarterly and annually result by which we can predict whether the investment in that company is worth it or not. We provide you a number of insights about the company which will be really essential to know before investing in Bajaj Auto. Bajaj Auto deals in the manufacturing sector of automobiles primarily three-wheeler commonly known as Auto.
Bajaj Auto Share Price Target 2022, 2023, 2024, 2025 And 2030
Bajaj Auto Limited is one of the most popular or well-settled multinational companies which deals in the manufacturing of two-wheelers and three-wheelers. Bajaj Auto Limited is a multinational company in the automobile sector that originates from India itself. It is headquartered in Pune, India, and employs thousands of people.
Technical Analysis of Bajaj Auto Share: When we are drawn technical analysis charts according to the data given to us. Now we are here to tell you how the chart of the company was performing in the past years and try to predict how the charts are going to perform in the upcoming years to come.
As we see in a chart that stock of Bajaj Auto Limited we are bullish on Bajaj Auto for the long term. We use to analyze Elliot wave concept, Fibonacci retracement, and 50 EMA and if we say these in simple language we can say that as time progresses in the future, it will surely move in a positive direction and its long term trend is positive and in an uptrend.
According to us, you can buy the stock of Bajaj Auto Limited as the long-term investment option for you and if you are a conservative investor it’s a go-to option for you to buy it for the long term with very minimal risk.
Bajaj Auto Share Price Target 2022, 2023, 2024, 2025, And 2030: Now we try to predict a specific target for the shares of Bajaj Auto for upcoming years to come. There is a table attached below in which u can see the predicted target according to the company's present situation. All targets levels are predicted based on a Fibonacci retracement, support, and resistance.
| Year | Target Of Bajaj Auto |
|---|---|
| 2022(Target-1) | Rs.4,040 |
| (Target-2) | Rs.4,401 |
| 2023(Target-1) | Rs.4,708 |
| (Target-2) | Rs.5,042 |
| 2024(Target-1) | Rs.5,385 |
| (Target-2) | Rs.6,017 |
| 2025(Target-1) | Rs.6,360 |
| (Target-2) | Rs.6,956 |
| 2030(Target-1) | Rs.8,102 |
| (Target-2) | Rs.10,833 |
Bajaj Auto Share Price Target 2022
When we go through the chart and predict the share price target for the financial year 2022 for Bajaj Auto we can set the first target for this share is around Rs.4,040 as it will show brilliant growth in upcoming years to come and after attaining that value. The share price of Bajaj Auto will show some downward trend too for a while and the second target of this share we can set is around Rs.4,401.
Bajaj Auto Share Price Target 2023
When can predict first target share price for the financial year 2023 is around Rs.4,708 and after gaining that value they will show a similar trend in the financial year 2023 as they show in the year 2022 for a while as it is the true characteristic of a share and after recovering from this downfall we can predict the second target for the same year is about or around Rs.5,042.
Bajaj Auto Share Price Target 2024
We can predict the first target for the year 2024 is Rs.5385 and after attaining these Value Share prices of Bajaj Auto will show some downfall in the price of the stock and the second target of this stock we can set is around Rs.6017 for the Year 2024.
Bajaj Auto Share Price Target 2025
We predict the target share price for the financial year 2025 is around Rs.6,360.75 and after passing out these values of the Share price will show some downfall trend too for a while as every share shows when they attaining a maximum value and the second target of this stock we can set is around Rs. 6956.60.
Bajaj Auto Share Price Target 2030
We can predict first target share price for the financial year 2030 is around Rs.8,102 and the second target share price for the same year is around Rs.10,833 because of these share price target predictions earlier I said if you are a conservative investor it’s a go-to option for you to buy it for the long term.
Bajaj Auto Quarterly Result Analysis
In the June quarter of the financial year 2020, the company makes a sale of 3,079.24cr. items in which company made a profit of about 528.04cr after that, In September quarter of the financial year 2020, Company made net sales of 7,155.86cr. in which they made a profit of around 1,138.20cr after paying all the essential taxes.
In the December quarter of 2020, the company made sales of around 8,909.88cr. by which they made a profit of about 1,556.28cr.after paying all the taxes. In the March quarter of 2021, the company made sales of around 8,596.10cr. In which they made a profit of about 1,332.07cr after paying all the taxes. In the June quarter of the financial year 2021, the company made sales of around 7,386.04cr. By which they made a profit of about 1,061.18cr after paying all the taxes as per the government norms.
Bajaj Auto Annual Report Analysis
As the company’s annual report is given below Company sold 21,766.68cr.in 2017 till march month in which the company made a profit of about 3,827.56cr.In the following year of 2018, till march month the company sold 25,218.92cr.by which the company made a profit of about 4,068.10cr.
In the year of 2019, till March Month Company sold 30,357.57cr.by which the company made a profit of about 4,657.18cr. In the following year, 2020 till the month of March Company sold 29,918.65cr.by which the company made a profit of about 5,099.98cr.In the year 2021, till the month of March Company's net sales is around 27,741.08cr by which made a profit of around 4,554.59cr.
Conclusion
In this article, we have done a detailed analysis of Bajaj Auto Limited we try to include their technical analysis, quarterly reports, annual reports, and target analysis which are the most important aspect to know before investing in the stocks of any company shares. Before ending this article, I am going to tell u some strengths or reasons why u need to invest in the shares of Bajaj Auto Limited:
1. Widespread distribution network
2. High performance of products across all categories
3. Effective advertising capability
4. Recognized and established brand name
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