Bajaj Auto is one of the most popular stocks in India right now. If you are tracking the Bajaj Auto share price, you have likely seen some ups and downs recently. On Friday, the stock closed near ₹9,584, but today (February 1) is a very special day. Investors are watching two big things: the Union Budget 2026 and the company’s monthly sales data.
Despite announcing record-breaking profits just two days ago, the share price has not zoomed up immediately. Why is this happening? Is it a good time to buy or sell?
This article explains the latest Bajaj Auto news, its record Q3 results, and what experts are predicting for the future.
Current Share Price Status
As of the last trading session (Friday, January 30), Bajaj Auto shares closed around the ₹9,580 – ₹9,600 level. On Sunday (today), the market is technically closed for regular trading, but the price will react sharply on Monday morning based on today’s Budget announcements.
Over the last month, the stock has been flat to slightly negative, even though the company is performing very well financially.
Q3 FY26 Results: Breaking All Records
On January 30, Bajaj Auto released its financial results for the third quarter (October to December 2025). The numbers were excellent and broke several records.
Here are the key highlights:
- Highest Ever Revenue: For the first time, Bajaj Auto’s quarterly revenue crossed ₹15,000 crore. It stood at ₹16,204 crore (consolidated).
- Big Profit Jump: The net profit jumped by 25% compared to last year, reaching ₹2,750 crore.
- Export Recovery: Bajaj Auto is India’s largest exporter of motorcycles. After a slow period, exports have bounced back strongly, crossing 5 lakh units this quarter.
- EV Success: The electric scooter Chetak is growing fast. Sales for Chetak grew by 70% compared to the previous quarter.
Why Did the Share Price Not Rocket Up?
You might wonder: If the results are so good, why isn’t the share price hitting a new high immediately?
There are two main reasons for this:
- “Priced In” News: The market is smart. Investors already expected good numbers, so the share price had already gone up before the results were announced. This is often called “Buy the rumor, sell the news.”
- Expensive Valuation: Some experts feel the Bajaj Auto share price is already quite high (expensive) compared to its future earnings. They believe the current price already includes all the good news.
What Experts Say: Targets for 2026
Market analysts are divided on Bajaj Auto. Some see more growth, while others are cautious.
- The Bullish View (Positive): Foreign brokerage firms like Goldman Sachs and CLSA are positive. They have given target prices as high as ₹11,400 – ₹11,500. They believe the recovery in rural demand and exports will push the stock higher.
- The Bearish View (Cautious): Firms like UBS and Jefferies are more careful. They have “Sell” or “Hold” ratings with targets near ₹9,000 – ₹9,100. They worry that competition in the electric vehicle (EV) market will reduce profits.
Important Events to Watch Today
If you hold Bajaj Auto shares, keep an eye on these two events today and tomorrow:
1. Union Budget 2026 (Today)
The Finance Minister is presenting the Budget today. The auto sector is hoping for:
- Subsidies for Electric Vehicles (like FAME-III).
- Tax benefits for rural India (which helps bike sales). If the government announces good schemes for EVs or rural income, Bajaj Auto shares could rise on Monday.
2. January 2026 Sales Data
Bajaj Auto releases its monthly sales numbers on the 1st of every month. Investors want to see if the strong sales momentum from December has continued into the new year. A high sales number will be a positive signal for the stock.
Read More : Tata Motors Share Price Analysis
Frequently Asked Questions (FAQs)
Q1: Why is Bajaj Auto share price falling despite good profit?
The share price is not crashing, but it is not rising fast because the stock is already trading at a high price. Investors already “guessed” the good profit, so the news was already included in the price.
Q2: Is Bajaj Auto a good stock for the long term?
Yes, most experts consider Bajaj Auto a strong company because it has zero debt, high cash reserves (₹15,000 crore surplus), and is a leader in exports. However, the stock price goes up and down in the short term.
Q3: When will the dividend be declared?
Dividends are usually declared after the end of the financial year (around May or June). No new dividend was announced in the Q3 results.
Q4: How is the Chetak electric scooter performing?
Chetak is doing very well. Its sales volume grew by 70% in the last quarter, and it is becoming a strong competitor to Ola and TVS iQube.
Q5: What is the next target for Bajaj Auto?
Optimistic analysts have set targets around ₹11,500, while cautious analysts see it staying near ₹9,500 or dipping to ₹9,100.