04 Sep 2025, 13:39 IST
Bajaj Auto Limited
JM Financial · BUY · target INR 11,000 (Jun'25 TP, 28x PE)
The note says 1QFY25 was an in-line quarter with EBITDA margin at 20.2% (+130bps YoY) aided by favourable mix, cost reduction and PLI incentive, and it maintains BUY with a raised target of INR 11,000 (from INR 10,850), estimating revenue/EPS CAGR of 15%/17% over FY24-27E while flagging delayed export recovery as a key risk.
From BJAUT 1QFY25ResultUpdate 17July2024, written by JM Financial and hosted by Investment Guru India. Orivam summarised it; the view is JM Financial's, not Orivam's.
Open the original PDF on Investment Guru India →Research PDFs are often removed by the firms that publish them. The summary above is kept so this page still means something if that happens.