Dekho bhaiyo, Bajaj Auto ka share aaj 30 April ko ₹9,815.25 tak pahunch gaya tha intraday mein. Ye tezi aayi hai jabse khabar mili hai ki company ka Board of Directors ek share buyback proposal consider karega. Market mein jab BSE Sensex lagbhag 1.49% gir raha tha, tab bhi Bajaj Auto ne achha perform kiya.
Ye board meeting 6 May 2026 ko hone wali hai. Is meeting mein fiscal year 2025-26 ke audited results aur dividend recommendations par bhi baat hogi, par sabse bada focus buyback par hai.
Abhi company ka market cap lagbhag ₹2.72 lakh crore hai. Magar ek chinta ka vishay ye hai ki Bajaj Auto ka P/E ratio around 30x hai, jo ki competitors jaise Hero MotoCorp (jiska P/E 18.25x hai) ke comparison mein kaafi high hai. Haalanki TVS Motor Company ke multiples aur zyada hain, par Bajaj Auto ki valuation par sabki nazar hai.
Industry ki baat karein toh 30 April ko auto sector khud bhi pressure mein tha. Nifty Auto index neeche gira, jiska karan crude oil prices ($124 per barrel ke upar) aur global tensions the. Toh Bajaj Auto ki yeh tezi mostly buyback news ka hi asar tha.
Analysts bol rahe hain ki buyback ek short-term boost de sakta hai, par ab sabki nazar Q4 aur FY26 ke results par hai. Agar ye results expectations se zyada acche nahi aaye, toh company ki premium valuation par pressure aa sakta hai. Plus, company ke exports par reliance aur currency risks bhi dekhe jayenge. Waise, company ke EV efforts (jaise Chetak) aur exports future ke liye important honge.
