Bajaj Auto shares are trading slightly higher, up 0.54% at ₹11,584.00 as of 11:38 AM, ahead of its Q2 FY25 results announcement.
Investors are keenly awaiting the results, with analysts predicting significant revenue growth of up to 25% year-over-year. This growth is largely driven by strong domestic and export sales in the two-wheeler segment. A shift towards premium motorcycles is also expected to boost average realisations by around 7.2%.
Bajaj Auto is projected to report a 23.41% revenue increase to ₹13,300 crore in Q2 FY25, up from ₹10,777 crore in the same period last year, according to a poll conducted by Livemint across six brokerages.
Motilal Oswal noted that domestic volumes grew by 21% year-on-year, while export volumes saw a 7% year-on-year rise. They also highlighted that, for domestic motorcycles, the product mix appears to have shifted slightly after several quarters due to stronger sales of models like Chetak and Freedom 125, while the momentum for Pulsar 125 is stabilizing.
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