$BAJAJ-AUTO Q1 Margin Beat Fuels Optimism, Brokerages Bet on Exports and New Launches

Brokerages turned increasingly bullish on $BAJAJ-AUTO after the company delivered a stronger-than-expected Q1FY27 margin performance, supported by favourable product mix, robust export growth and operating efficiencies. Analysts believe the company's recovery in overseas markets, resilient domestic demand, expanding EV portfolio and upcoming product launches will continue to drive earnings momentum. Several brokerages reiterated positive ratings and raised target prices, citing sustained export recovery and a healthy pipeline as key catalysts for long-term growth.