Bajaj Auto stock: Centrum Broking sets INR 4,559 target for Bajaj Auto stock
Published on 10/19/2026 at 17:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and scheduled results
- On October 18, 2026, Centrum Broking set an INR 4,559 target for Bajaj Auto.
- Bajaj Auto is due to publish second-quarter and half-year results on October 27, 2026.
- Bajaj Auto stock was last at INR 10,287.00 on October 19, 2026 at 3:29 p.m. IST, down 1.13 percent versus the NSE close of INR 10,405.00.
- The stock had a P/E ratio of 24.46 and a market capitalization of INR 2.8 trillion on October 19, 2026.
The Economic Times reported on October 18, 2026 that Centrum Broking set an INR 4,559 target for Bajaj Auto, leaving the target 55.68 percent below the NSE price. Bajaj Auto was last at INR 10,287.00 on October 19, 2026 at 3:29 p.m. IST, down 1.13 percent versus the NSE close of INR 10,405.00.
Results date brings the next test
Bajaj Auto is scheduled to publish its second-quarter and half-year fiscal 2027 results on October 27, 2026. StockGro reported that the board meeting will consider the unaudited standalone and consolidated results for the quarter and half-year ended September 30, 2026. The date gives investors a fixed point for checking whether the company can maintain its recent operating pace.
Price sits below the yearly high
The NSE quote stood 17.50 percent below Bajaj Auto's 52-week high of INR 12,470.00 and 19.55 percent above its low of INR 8,605.00 on October 19, 2026. Trading volume was 110,830 shares against an average of 309,727 shares, while the P/E ratio was 24.46. These figures place the stock below its annual high but well above its yearly low.
Valuation and operating scale
Bajaj Auto's market capitalization was INR 2.8 trillion on October 19, 2026. The company sells motorcycles and three-wheelers, with its investor materials listing product families such as Pulsar, Dominar, Avenger and Freedom. The investor page also identifies shareholder, financial-performance and exchange-disclosure sections, giving the October 27 date a direct reporting connection.
Comparison with peers
Bajaj Auto (NSE, INR): minus 1.13 percent, P/E 24.46, market capitalization INR 2.8 trillion
TVS Motor (NSE, INR): minus 0.52 percent, P/E 56.43, market capitalization INR 1.9 trillion
Hero MotoCorp (NSE, INR): plus 0.10 percent, P/E 19.22, market capitalization INR 1.0 trillion
What comes next
The October 27 results will provide the next reported comparison for revenue, earnings and margins. Until then, the market picture combines the dated analyst target, a share price 17.50 percent below the yearly high and a valuation that is higher than Hero MotoCorp's but lower than TVS Motor's.
The current NSE price was INR 10,287.00 on October 19, 2026 at 3:29 p.m. IST, down 1.13 percent versus the NSE close of October 16, 2026 at INR 10,405.00.
Bajaj Auto market details
- Company: Bajaj Auto Limited
- ISIN: INE917I01010
- Ticker: BAJAJ-AUTO
- Primary exchange: NSE
- Price NSE (as of October 19, 2026, 3:29 p.m. IST): INR 10,287.00
- Change versus NSE close: minus 1.13 percent
- NSE close (October 16, 2026): INR 10,405.00
- Market capitalization: INR 2.8 trillion (as of October 19, 2026)
- 52-week range: INR 8,605.00-12,470.00 (as of October 19, 2026)
- Sector / Industry: Automobile and auto components
- Next earnings date: October 27, 2026
Market context: Market report BSE Sensex.
