Choice Broking sees INR 11,700 target for Bajaj Auto stock

Published on 10/14/2026 at 10:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Choice Broking sees revenue up 24.90 percent in the second quarter. Bajaj Auto stock was INR 10,332.00 on October 14, 2026, up 2.97 percent on NSE.

Choice Broking target assessment

Choice Broking set an INR 11,700 target for Bajaj Auto on October 13, 2026.
Choice Broking expects revenue to increase 24.90 percent in the second quarter of fiscal 2027.
Bajaj Auto stock was INR 10,332.00 on NSE on October 14, 2026 at 11:16 a.m. IST, up 2.97 percent versus INR 10,034.00.
Bajaj Auto traded at a price-to-earnings ratio of 24.57 on October 14, 2026.

Bajaj Auto, INE917I01010, Illustration mit AI erstellt.

Bajaj Auto (ISIN INE917I01010) was quoted at INR 10,332.00 on the NSE on October 14, 2026 at 11:16 a.m. IST, up 2.97 percent versus the previous close of INR 10,034.00. The key valuation marker is Choice Broking's INR 11,700 target, published on October 13, 2026.

Choice Broking sees higher revenue

According to BusinessToday on October 13, 2026, Choice Broking expects revenue to expand 24.90 percent in the second quarter of fiscal 2027. The estimate is built on a 19.70 percent increase in volume and a 4.00 percent rise in average selling price.

The same analysis puts expected profit after tax at INR 3,108.50 crore and projects an EBITDA margin of 20.90 percent. Those figures are estimates, not reported results, and the company is scheduled to publish its second-quarter and first-half results on October 27, 2026.

Stock trades below the yearly high

The market price remains below the 52-week high of INR 12,470.00 reported for Bajaj Auto, while the October 14 quotation is above the previous close by INR 298.00. The 2.97 percent daily gain is calculated from INR 10,034.00 to INR 10,332.00.

On October 13, 2026, Bajaj Auto closed at INR 10,318.00, according to Screener. Its reported 52-week range was INR 8,605.00 to INR 12,470.00, giving the current price a position between those two levels.

Valuation and results date

The Economic Times listed market capitalization of INR 288.8 billion, a price-to-earnings ratio of 24.57 and volume of 84,699 shares at 11:16 a.m. IST on October 14, 2026. The figures give the scheduled results date added importance because the market is already valuing the company on forward expectations.

BusinessToday reported that Bajaj Auto will announce results for the second quarter and half year ended September 30, 2026, on October 27, 2026. The upcoming release will test whether the projected 24.90 percent revenue increase is reflected in reported figures.

Price and investor reference

Bajaj Auto operates in the automobile sector, with motorcycles, three-wheelers, electric vehicles and related products forming its core business. Its NSE ticker is BAJAJ-AUTO, and its shares are also listed on the BSE.