Buy Bajaj Auto, target Rs 3,000: Kunal Bothra

Independent analyst Kunal Bothra has a buy call on Bajaj Auto with a target price of Rs 3,000.

The current market price of Bajaj Auto is Rs 2,924.

Time period given by the analyst is Intra Day when Bajaj Auto price can reach the defined target.


Kunal Bothra recommended keeping a stop loss at Rs 2,880.

Bajaj Auto, incorporated in the year 2007, is a Large Cap company (having a market cap of Rs 84,610.92 crore) operating in Auto sector.

Bajaj Auto key Products/Revenue Segments include Automobile - 2 & 3 Wheelers which contributed Rs 25098.64 crore to Sales Value (98.18 per cent of Total Sales), Export Incentives which contributed Rs 343.43 crore to Sales Value (1.34 per cent of Total Sales), Royalty Income which contributed Rs 98.68 crore to Sales Value (0.38 per cent of Total Sales), Scrap which contributed Rs 21.31 crore to Sales Value (0.08 per cent of Total Sales) and Other Operating Revenue which contributed Rs 1.20 crore to Sales Value for the year ending 31-Mar-2018.