Bajaj Auto shares rise 1% after Q4 beat; brokerages bullish on exports, margins despite inflation risks

Bajaj Auto shares rose 1% following a strong Q4 FY26 performance that exceeded expectations. Brokerages remain optimistic about exports and margins despite inflation concerns. The stock traded at Rs 10,375, up 0.54% on the day, and has gained nearly 35% over the past year, outperforming the Nifty 50. While brokerages maintain positive outlooks, they caution about near-term cost inflation and limited valuation upside after the recent rally.