Bajaj Auto shares hit a 52-week high for second consecutive session; can it rise further in the near term?
New Delhi, July 23 -- Bajaj Auto share price is on a solid uptrend, buoyed by the company's strong results for the April-June quarter of the financial year 2026-27 (Q1FY27). The automobile stock hit its 52-week high for the second consecutive session on Thursday, 23 July.
Bajaj Auto share price opened at Rs.11,005 against its previous close of Rs.10,999.30 and climbed 3% to hit a one-year high of Rs.11,333. In the previous session, the stock surged 5.7% despite weak market sentiment.
Shares of Bajaj Auto have been rising after the company, during market hours on 21 July, reported a 42.3% year-on-year (YoY) rise in its standalone net profit to Rs.2,982.84 for Q1FY27.
Its revenue from operations grew 37% YoY to Rs.17,243.72 crore, driven...
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