Preview: India's Bajaj Auto inches up ahead of fourth-quarter results

Bajaj Auto

06/05/2026 04:53

** Shares of India's Bajaj Auto BAJA.NS rise 1.33% to 10,179 rupees

** Two- and three-wheeler manufacturer to report fourth quarter results

** Analysts on an average expect a profit of 25.24 billion rupees ($265.2 million), up 23.2% year-on-year and revenue to rise 29.5% to 157.32 billion rupees - data compiled by LSEG

** Co's board to also consider a proposal for a share buyback, but co has did not disclosed size or timing of the potential buyback

** BofA says proposed buyback could provide near-term support to stock, but export growth, domestic-market share recovery and EV business ramp-up remain key long-term drivers

** BAJA rated "buy" on average by 37 analysts, median PT: 10,401.13 rupees - LSEG-compiled data

** YTD, stock up 7.52%

($1 = 95.1800 Indian rupees)

 (Reporting by Surbhi Misra in Bengaluru)

 ((Surbhi.Misra@thomsonreuters.com |  X: https://twitter.com/SurbhiMisra_  |;))