Information About Bajaj Auto Stock Price:

The Bajaj Group has a strong presence in various domains of business like the manufacture of three-wheelers, production of two-wheelers, iron and steel, home appliances, finance, insurance, etc. The flagship company of the Bajaj group is Bajaj Auto, ranked as the fourth largest two and three wheeler manufacturer across the world. This brand is trendy in countries like Africa, the Middle East, Latin America, South and South East Asia, etc.

Jamnalal Bajaj established the company is the year 1926. On 4 November 2014, the company celebrated its 125th birthday.

History of The Company:

In the year 1926, the Jamnalal Bajaj established the Bajaj Group, at the time when the freedom struggle under the British rule was at its peak. He is the adopted son of Mahatma Gandhi. In the year 1942, the responsibility of the company was taken over by his son Kamalnayan Bajaj when he was only 27 years old. After the Independence of India in 1947, the Bajaj Group prospered and became highly successful.

The Board of Directors:

Rahul Bajaj – Rahul Bajaj is the head of Bajaj Group of Companies. He qualified his graduation in Economics and Law.Mr.Bajaj is also a Business Graduate alumnus from the Harvard Business School. He was the CEO of Bajaj Group in 1968. He became the head of Bajaj Group afterward.

Rajiv Bajaj – Rajiv Bajaj is the MD of Bajaj Group of Companies. He got Mechanical Engineering degree from the Pune University in the year 1988. In 1990, he did his masters from Warwick University in Manufacturing Systems Engineering. At Bajaj, he worked in different sectors like Manufacturing and Supply, R&D, and Marketing and Sales. Since April 2005, Rajiv Bajaj has served the company as its Managing Director.

Market Capitalisation:

The market capitalization of Bajaj Auto, as of early 2018 is more than Rs.85,500 crore.

Bajaj Auto Wealth and Recent Performance:

The operating revenue of Bajaj Auto stands at more than Rs.24,000 crore. The other income for Bajaj Auto went up to a Rs.1,140.27 crore. The total revenue went higher at Rs.25,000 crore. The expenses, on the other hand, went up to a Rs.19,631.84 crore. The operating profit stood at Rs.5,511.22 crore (TTM).

In FY 2016-2017 (till March 2017) the operating revenue stood at more than Rs.21,000 crore. The other income generated by Bajaj Auto was Rs.1223.47 crore. The total income went up to a Rs.22,990.15 crore. The total expenses for the company were more than Rs.17,000 crore.

From March 2017 to June 2017, the revenue earned by Bajaj Auto was more than Rs.5,500 crore. The other income during this time stood at a little over a Rs.323 crore. The total earning during this quarter was more than Rs.6,000 crore. The total expenses stood at Rs.4,916 crore.

From June 2017 to September 2017, the revenue earned by Bajaj Auto stood at Rs.6,566.43 crore. The other income was also higher than the last quarter, and it was recorded at Rs.297.18 crore. The total revenue of the company crossed Rs.6,800 crore. The total expenses met by Bajaj Auto during this quarter stood at Rs.5,268.96 crore.

From September 2017 to December 2017, the revenue earned by the organization was more than Rs.6,300 crore. The other income was lower than the last quarter and stood at Rs.225.8 crore. The total income of Bajaj Auto went up to over Rs.6,500 crore. The expenses were slightly inferior compared to the previous quarter. It stood at over Rs.5,100 crore during this time.

Bajaj Auto Stock Trends in 2018:

On 1 January 2018, the Open Price of Bajaj Auto stocks stood at Rs.3,326 at BSE and Rs.3,340 at NSE. The Close Price was Rs.3,293.40 and Rs.3289.25 at BSE and NSE, respectively. The High Price at NSE was Rs.3,345 and Rs.3,348 at BSE. The Low Price was recorded at Rs.3,293.40 and Rs.3,289.25, respectively, at both stock exchanges. By the end of the month, the Open Price went up slightly and stood at Rs.3,352 (BSE) and Rs.3,348 (NSE). The Close Price was recorded at Rs.3,338 at BSE and Rs.3,337.15 at NSE.

The Open Price on 1 February 2018 was Rs.3,325 at BSE and Rs.3,340 at NSE. The High Price was Rs.3,421 and Rs.3,418 at NSE and BSE, respectively. The Close Price stood at Rs.3,409.50 (BSE) and Rs.3,412.95 (NSE). The Low Price for Bajaj Stocks during this time stood at Rs.3,297.85 and Rs.3,290 at BSE and NSE, respectively. By the end of the month, the Open Price went down a little at both at BSE and NSE and stood at Rs.3,010. The Close Price was recorded at Rs.3018.80 and Rs.3,020.60 at BSE and NSE, respectively.

Should You Invest in Bajaj Auto stocks?

The Bajaj Group is the leading business houses in the country. It has a strong foothold in various domains like the manufacture of three-wheelers, production of two-wheelers, home appliances, iron and steel, finance, insurance, etc.

Determination, resourcefulness, dedication, and integrity defines the Bajaj Group in today's world. The main benefit of buying the Bajaj Auto stocks is the low burden of debt. A significant return on equity can be expected.

The EPS growth rate for Bajaj Auto stocks is average. However, you do substantial research before investing in any stock.

Stocks or Mutual Funds: Here is our recommendation

A lot of research and knowledge is required in stock market investments, and generally, they don't offer any tax benefits. Hence at mymoneykarma, we merely motivate our readers to invest in mutual funds. Investing in mutual funds doesn't require a lot of knowledge, and equity-linked mutual fund schemes also provide tax benefits. In addition to it, since mutual funds contain stocks from multiple companies, they help in building a diversified portfolio.

Note: The contents of this post/blog do not constitute any professional advice on a specific financial matter.

Indexes and Exchages

Bombay Stock Exchange (BSE)

The Bombay Stock Exchange, popularly called BSE, is Asia's first and oldest stock exchange. Located at Dalal Street in Mumbai, the BSE was formally established in 1875 by an influential stockbroker and businessman called Premchand Roychand. In the initial days, the BSE had its meetings under several Banyan trees in Mumbai before finding a permanent place, which is very appropriately named Dalal Street or Broker Street. After functioning as a floor trading exchange for more than a century, BSE ascended the digital ladder in 1995 by implementing a new screen-based automated trading platform with a capacity of 8 million orders in a day. In 2012, the BSE went global by becoming a Partner Exchange of the United Nations Sustainable Stock Exchange. Subsequently, BSE established India's first international exchange, called INX, in 2016.

National Stock Exchange (NSE)

NSE was set up in 1992 by a group of leading Indian financial institutions, following the Indian Government's directives. It aimed to bring transparency to the Indian capital market. It was India's first demutualized electronic exchange which operated on a completely automated screen-based electronic trading system, offering an easy trading facility to all Indian investors. NSE began its operations in the Wholesale Debt Market segment in 1994. NSE was the first company in India to offer a digital platform that connected the investor base of the entire country. NSE offers services in various segments, such as trading, equity derivatives, clearing and settlement services in equity, debt and currency derivatives, etc.

NIFTY Index

The NIFTY is NSE's flagship index that tracks the behavior of a portfolio of blue-chip companies that have the largest and most liquid Indian securities. It is owned as well as managed by IISL (India Index Services and Products Ltd), which is India's first specialized company to focus on an index as a core product. Nifty indexes 50 of the 1600 companies on the National Stock Exchange (NSE) and is thus popularly referred to as 'Nifty 50'. It captures approximately 65% of its float-adjusted market capitalization and is a true reflection of the Indian stock market. The Nifty 50 includes the major sectors of the Indian economy. It offers the exposure to the Indian market in one efficient portfolio. The Nifty index has been trading since April 1996. It is ideally suited for index funds, benchmarking and index-based derivatives.

SENSEX Index

Sensex is BSE's stock market index. It consists of 30 well-established and financially flourishing companies listed on BSE. It was established in 1986. These 30 component companies are known for being the largest and most actively traded stocks. They represent various industrial sectors of the Indian economy. Sensex is also known as BSE 30 and S&P BSE SENSEX. The word 'Sensex' is a portmanteau of the words 'Sensitive' and 'Index.' SENSEX is widely reported in domestic and international markets through print and electronic media. The indexing system is scientifically designed, based on globally accepted construction and review methodology. Since September 2003, S&P BSE Sensex is being determined on a free-float market capitalization methodology.