Two-wheeler maker records its highest-ever quarterly revenue and profit in Q3 FY26, aided by premium motorcycles, strong EV sales and a rebound in exports
Bajaj Auto Q3 growth was driven by a double-digit increase in export volumes across both two-wheelers and commercial vehicle segments
Bajaj Auto Q3 Preview: The two wheeler giant is likely to announce it December quarter (Q3FY26) results on Friday, January 30, 2026.
Stocks to buy: Aakash Shah of Choice Broking recommends buying Gandhar Oil Refinery, Infosys, Bajaj Auto; here's why
Bajaj Auto is planning a phased expansion of its Chetak electric scooter to over 100 countries, focusing on localisation and its global distributor network rather than an aggressive rollout
Emkay Global upgrades Bajaj Auto to 'Buy', raises target to ₹11,100 citing EV leadership, export recovery, EPS upgrades and strong risk-reward outlook
The momentum was not limited to retail-focused segments, the brokerage noted. The medium and heavy commercial vehicle (MHCV) industry showed clear signs of revival after a prolonged 15-month downturn.
In the past one week, the Nifty Auto index has outperformed the market by surging 5.4 per cent, as against 1.7 per cent gain in the Nifty 50.
Bajaj Auto on Sunday said its exports to Venezuela accounts for less than 1 per cent of its total overseas shipments. The South American country has plunged into a crisis after the US captured its President, Nicolas Maduro, on Saturday. "We do export to Venezuela. Pulsar and Boxer are very popular, but these exports are less than 1 per cent of our total exports," Rakesh Shamra, Executive Director, Bajaj Auto, said. He was responding to a query about the implications on its operations in the country following the capture of Maduro by the US. In the April-December period of FY26, Bajaj Auto's total exports stood at 16,39,971 units as against 13,73,595 units in the year-ago period, up 19 per cent. Another Indian automaker, TVS Motor Company, said it has no meaningful presence in Venezuela.
The Nifty Auto index has zoomed as much as 157.8 per cent in the last four calendar years as against a 50.6 per cent surge in the benchmark Nifty 50, shows data.
Ashok Leyland and TVS Motor Company hit their respective all-time highs, while, M&M was close to its record high level
Bank Nifty has to hold above 59,000 zones for a bounce towards 59,500 then 59,750 zones while on the downside support is seen at 58,750 then 58,500 levels
Thus far in the calendar year 2025, the BSE Auto index has rallied 18 per cent, as against 8 per cent rise in the BSE Sensex.
Motilal Oswal projects a 6.5 per cent volume compound annual growth rate (CAGR) over FY25-27E for Bajaj Auto, driven by these initiatives
At 10:25 AM; Nifty Realty and Nifty PSU Bank index were up 1 per cent each, while, Nifty Auto, Nifty Bank and Nifty Financial Services index up in the range of 0.30 per cent to 0.60 per cent.
Bajaj Auto on Tuesday said it has received a tax demand of Rs 34.74 crore on account of the alleged misclassification of spare parts supplied by it. The order issued by the office of Deputy Commissioner, Rudrapur, Uttarakhand, also imposed a penalty amounting to Rs 3.47 crore, the Pune-based firm said in a regulatory filing. According to tax authorities, the company, being a manufacturer of automobiles, the spare parts being a customised product, only used in the manufacturing of vehicles, would get classified as auto parts, disregarding the principle of general rules of interpretation, the company said. Bajaj Auto believes that it has a very strong case on merit as it has been rightly classifying the parts and accessories for more than three decades, following the General Rules of Interpretation, relevant section notes, chapter notes and HSN Explanatory notes, which are supported by various judicial precedents. Therefore, the company stated that it believes the tax demand is not .
Strong order books keep automakers driving past slowdown fears
Bajaj Auto, 360 One Wam, Hexaware Technologies, Akzo Nobel India stocks are seen trading above the SuperTrend line indicator on the daily charts.
Tata Motors will likely maintain its dominant share of India's CV market, with support from India's economic growth, and favorable infrastructure and construction spending.
Thus far in the month of November, the Nifty Auto index has outperformed the market by gaining 3.3 per cent, as against 1.5 per cent rise in the Nifty 50.