Are you looking for future price predictions of Bajaj Auto for the upcoming years 2022, 2023, 2024, 2025, and 2030? If yes then you are at the best article about it.
After reading this article, you never need to search any other article on google or any search engine about it. I am a share market expert for the last 5 years and I am also an active trader in Bajaj Auto. Let’s start.
We are going to tell you the Company’s quarterly and annual results by which we can predict whether the investment in that company is worth it or not. We provide you with 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.
About Bajaj Auto
Bajaj Auto Limited is one of the most popular or well-settled multinational companies that 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.
Bajaj Auto Quarterly Result Analysis
In the June quarter of the financial year 2021, the company makes a sale of Rs.7,386.04 Cr. items in which the company made a profit of about Rs.1,061.18 Cr. after that, In the September quarter of the financial year 2021, the Company made net sales of Rs.8,762.18 Cr. in which they made a profit of around Rs.1,274.55 Cr. after paying all the essential taxes.
In the December quarter of 2021, the company made sales of around Rs.9,021.65 Cr. by which they made a profit of about Rs.1,214.19 Cr. after paying all the taxes. In the March quarter of 2022, the company made sales of around Rs.7,974.84 Cr. In which they made a profit of about Rs.1,468.95 Cr. after paying all the taxes. In the June quarter of the financial year 2022, the company made sales of around Rs.8,004.97 Cr. By which they made a profit of about Rs.1,173.30 Cr. 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 Rs.21,766.68 Cr. in 2017 till march month in which the company made a profit of about Rs.3,827.56 Cr. In the following year of 2018, till march month the company sold Rs.25,218.92 Cr. by which the company made a profit of about Rs.4,068.10 Cr.
In the year 2019, till March Month Company sold Rs.30,357.57 Cr. by which the company made a profit of about Rs.4,657.18 Cr. In the following year, 2020 till the month of March Company sold Rs.29,918.65 Cr. by which the company made a profit of about Rs.5,099.98 Cr. In the year 2021, till the month of March Company’s net sales is around Rs.27,741.08 Cr. which made a profit of around Rs.4,554.59 Cr.
The net sales of Rs.33,144.71 Cr. and net profit of Rs.1,173.30 Cr. are found in the annual report of March 2022.
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 target levels are predicted based on a Fibonacci retracement, support, and resistance.
|Year||Target Of Bajaj Auto|
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.4,305 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.4,560.
When can predicted 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.
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.
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.
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.
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-
- Widespread distribution network
- High performance of products across all categories
- Effective advertising capability
- Recognized and established brand name
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I am a share market expert for the last five years. I have expertise in technical analysis, and fundamental analysis of stocks, and assets. On this website, I write content like analysis of shares, predict future targets of shares based on analysis, simplify technical analyses, and intraday trading.