research report on bajaj auto

• BAJAJ AUTO LTD.
• SECTOR : AUTOMOBILES & AUTO COMPONENTS
• INDUSTRY : 2/3 WHEELERS

Bajaj Auto Ltd.

NSE: BAJAJ-AUTO | BSE: 532977

Expensive Star

8780.70 -91.15 ( -1.03 %)

96.70% Gain from 52W Low

332.6K NSE+BSE Volume

NSE 17 May, 2024 3:31 PM (IST)

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Broker average target upside potential%

Broker 1Year buys

3 active buys

Broker 1Year sells

3 active sells

Broker 1Year neutral

5 active holds

Broker 1M Reco upgrade

0 Broker 1M Reco upgrade

Bajaj Auto Ltd. share price target

Bajaj auto ltd. has an average target of 7640.55. the consensus estimate represents a downside of -12.98% from the last price of 8780.70. view 34 reports from 13 analysts offering long-term price targets for bajaj auto ltd...

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3 Wheelers & Qute

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Bal results q4 fy 2023-2024, earnings conference call recording q4 & fy24, transcript of earnings conference call q4 fy24, bal results q3 fy 2023-2024, earnings conference call recording q3 & fy24, transcript of earnings conference call q3 fy24, bal results q2 fy 2023-2024, earnings conference call recording q2 fy24, transcript of earnings conference call q2 fy24, bal results q1 fy 2023-2024, earnings conference call recording q1 fy24, transcript of earnings conference call recording q1 fy24, bal results q4 fy 2022-2023, earnings conference call recording q4 & fy23, transcript of earnings conference call q4fy23, bal results q3 fy 2022-2023, earnings conference call recording q3fy23, transcript of earnings conference call q3fy23 2022-2023, bal results q2 fy 2022-2023, earnings conference call recording q2fy23, transcript of earnings conference call q2fy23, bal results q1 fy 2022-2023, earnings conference call recording q1fy23, transcript of earnings conference call q1fy23, bal results q1 fy 2021-22, bal results q2 fy 2021-22, bal results q3 fy 2021-22, bal results q4 fy 2021-22, earnings conference call recording q4fy22, transcript of earnings conference call q4fy22, bal results q1 fy 2020-21, bal results q2 fy 2020-21, bal results q3 fy 2020-21, bal results q4 fy 2020-21, bal results q1 fy 2019-20, bal results q2 fy 2019-20, bal results q3 fy 2019-20, bal results q4 fy 2019-20, bal results q1 fy 2018-19, bal results q2 fy 2018-19, bal results q3 fy 2018-19, bal results q4 fy 2018-19, bal results q1 fy 2017-18, bal results q2 fy 2017-18, bal results q3 fy 2017-18, bal results q4 fy 2017-18, bal results q1 fy 2016-17, bal results q2 fy 2016-17, bal results q3 fy 2016-17, bal results q4 fy 2016-17, bal results q1 fy 2015-16, bal results q2 fy 2015-16, bal results q3 fy 2015-16, bal results q4 fy 2015-16, bal results q1 fy 2014-15, bal results q2 fy 2014-15, bal results q3 fy 2014-15, bal results q4 fy 2014-15, bal results q1 fy 2013-14, bal results q2 fy 2013-14, bal results q3 fy 2013-14, bal results q4 fy 2013-14, bal results q1 fy 2012-13, bal results q2 fy 2012-13, bal results q3 fy 2012-13, bal results q4 fy 2012-13, bal results q1 fy 2011-12, bal results q2 fy 2011-12, bal results q3 fy 2011-12, bal results q4 fy 2011-12, bal results q1 fy 2010-11, bal results q2 fy 2010-11, bal results q3 fy 2010-11, bal results q4 fy 2010-11, bal results q1 fy 2009-10, bal results q2 fy 2009-10, bal results q3 fy 2009-10, bal results q4 fy 2009-10, bal results q1 fy 2008-09, bal results q3 fy 2008-09, bal results q4 fy 2008-09, bal results q1 fy 2007-08, bal results q2 fy 2007-08, bal results q3 fy 2007-08, bal results q4 fy 2007-08, bal results q1 fy 2006-07, bal results q2 fy 2006-07, bal results q3 fy 2006-07, bal results q4 fy 2006-07, bal results h1 fy 2022-23, bal results h1 fy 2021-22, bal results h1 fy 2020 - 21, bal results h1 fy 2019-20, bal results h1 fy 2018-19, bal results h1 fy 2017-18, bal results h1 fy 2016-17, bal results h1 fy 2015-16.

Bajaj Auto Ltd: Annual Reports

Secretarial Compliance Report

Bal annual report fy 2022-23.

Annual Report Microsite Download

BAL AGM Notice 2022-23

Bal business responsibility & sustainability report fy 2022-23., bal esop disclosure fy 2022-23, bal annual return (mgt-7) fy 2022-23, transcript of the 15th annual general meeting of 26 july 2022, bal annual report fy 2021-22, bal agm notice 2021-22, bal business responsibility report fy 2021-22, bal esop disclosure fy 2021-22, bal annual return (mgt-7) fy 2021-22, bal transcript of 14th agm of 22 july 2021, bal agm notice 2020-2021, bal annual report fy 2020-21, bal esop disclosure fy 2020-21, bal annual return (mgt-7) fy 2020-21, bal business responsibility report fy 2020-21, bal csr report fy 2020-21, bal agm notice 2019-20, bal transcript of 13th agm of 22 july 2020, bal annual report fy 2019-20, bal business responsibility report fy 2019-20, bal csr report fy 2019-20, bal esop disclosure fy 2019-20, bal annual report fy 2018-19, bal business responsibility report fy 2018-19, bal csr report fy 2018-19, bal esop disclosure fy 2018-19, bal annual report fy 2017-18, bal business responsibility report fy 2017-18, bal csr report fy 2017-18, bal annual report fy 2016-17, bal business responsibility report fy 2016-17, bal csr report fy 2016-17, bal annual report fy 2015-16, bal business responsibility report fy 2015-16, bal csr report fy 2015-16, bal remuneration details fy 2015-16, bal annual report fy 2014-15, bal business responsibility report fy 2014-15, bal csr report fy 2014-15, bal remuneration details fy 2014-15, bal annual report fy 2013-14, bal business responsibility report fy 2013-14, bal annual report fy 2012-13, bal business responsibility report fy 2012-13, bal annual report fy 2011-12, bal annual report fy 2010-11, bal annual report fy 2009-10, bal annual report fy 2008-09, bal annual report fy 2007-08, bal annual report fy 2006-07, bal annual report fy 2005-06, bal annual report fy 2004-05, bal annual report fy 2003-04, bal annual report fy 2002-03, bal annual report fy 2001-02, bal annual report fy 2000-01, bal annual report fy 1999-00.

Subsidiary Financials

PT Bajaj Auto Indonesia: Financial statements 2022-23

Bajaj auto international holdings bv: financial statements 2022-23, bajaj auto (thailand) ltd: financial statements 2022-23, bajaj auto spain s.l. : financial statements 2022-23, chetak technology ltd.: financial statements 2022-23, bajaj auto consumer finance ltd: financial statements 2022-23, bajaj do brasil comercio de motocicletas ltda: financial statements 2022-23, pt bajaj auto indonesia: financial statements 2021-22, bajaj auto international holdings bv: financial statements 2021-22, bajaj auto (thailand) ltd: financial statements 2021-22, bajaj auto spain s.l. : financial statements 2021-22, chetak technology ltd.: financial statements 2021-22, bajaj auto consumer finance ltd: financial statements 2021-22, bajaj auto international holdings bv fy 2020-21, bajaj auto (thailand) ltd fy 2020-21, pt bajaj auto indonesia fy 2020-21, bajaj auto (thailand) ltd fy 2019-20, bajaj auto international holdings bv fy 2019-20, pt bajaj auto indonesia fy 2019-20, bajaj auto international holdings bv fy 2018-19, pt bajaj auto indonesia fy 2018-19, bajaj auto international holdings bv fy 2017-18, pt bajaj auto indonesia fy 2017-18, bajaj auto international holdings bv fy 2016-17, pt bajaj auto indonesia fy 2016-17, bajaj auto international holdings bv fy 2015-16, pt bajaj auto indonesia fy 2015-16, bajaj auto international holdings bv fy 2014-15, pt bajaj auto indonesia fy 2014-15, bajaj auto international holdings bv fy 2013-14, pt bajaj auto indonesia fy 2013-14, bajaj auto international holdings bv fy 2009-10, pt bajaj auto indonesia fy 2009-10, sales performance report 2024, sales performance report 2023, sales performance report 2022, sales performance report 2021, sales performance report 2020, sales performance report 2019, sales performance report 2018, sales performance report 2017, sales performance report 2016, sales performance report 2015, sales performance report 2014, sales performance report 2013, sales performance report 2012, sales performance report 2011, sales performance report 2010, sales performance report 2009, sales performance report 2008, sales performance report 2007, sales performance report 2006, sales performance report 2005, sales performance report 2004, sales performance report 2003.

 Motorcycles

• Electric 3 Wheeler
• Maxima Cargo
• Maxima Cargo XL
• Maxima X Wide
• Owner's Manual
• Locate a Dealer
• The World’s Favourite Indian
• 75 years of Bajaj Auto
• Chairman Emeritus' Speeches
• Bajaj Auto & KTM
• About Bajaj Group
• Company Network
• Investor Relations
• Stock Exchange Intimations
• Policies/Codes
• Corporate Social Responsibility
• Key Policies
• Code Of Conduct
• Life Within
• Terms & Conditions
• Privacy Policy
• Sports Bikes
• Naked Bikes
• Latest Bikes / New Bikes

• Bikes Under 70000
• Bikes Under 80000
• Bikes Under 1 Lakh
• Bikes Under 2 Lakhs
• Bikes Under 5 Lakhs
• Bikes Under 10 Lakh
• 100 cc Bikes
• 125 cc Bikes
• 150 cc Bikes
• 200 cc Bikes

Copyright © 2024 Bajaj Auto Ltd. All rights reserved

• VIEW E-REPORT

BAJAJ AUTO LIMITED

Annual Report FY2022 – 23

Given the quality and commitment of management across your Company, the wide range of products in various markets and geographies, and the quest for profitable growth, I see no reason why The World’s Favourite Indian shall not grow even further.

• Chairman’s Letter

Dear Shareholder

Last year, we witnessed an unprecedented shortage of semiconductors, which has affected various industries, including the automotive sector. Both traditional automobiles and advanced electric vehicles rely heavily on semiconductor chips. It was challenging to foresee when this shortage would come to an end. Fortunately, I am pleased to inform you that this severe supply scarcity was over by the end of the first quarter of FY2023. Thereafter, your Company was all set to increase substantially production and sales.

Key Figures

Total operating income

Profit before tax

Profit after tax

Surplus & cash equivalent

Performance at a Glance

EBITDA and EBITDA %

View Details

Total Operating Income-Operating Profit and PAT

Bajaj Auto’s Export Performance

KTM Sales in India (nos)

Key products.

Annual Report at a Glance

Non financial.

• Board of Directors

The team guiding the strategic decisions and governance at Bajaj Auto →

• Management Team

The team driving the operations and growth at Bajaj Auto →

Given the quality and commitment of the management, The World’s Favourite Indian is set to grow even further. →

Management Discussion and Analysis

2022-23 (FY2023) saw the effects of Covid abate significantly, finally reverting to normalcy. →

Corporate Governance

Corporate governance is about promoting fairness, transparency, accountability, →

• General Shareholder Information

The 16th Annual General Meeting will be held on 25 JULY 2023 at 2.00 p.m. →

Directors’ Report

The directors present their Sixteenth Annual Report →

Standalone Financial Statements

The standalone financial statements of the Company are elaborated here →

Consolidated Financial Statements

The consolidated financial statements of the Company are elaborated here →

Annual Report FY 2022-23

Agm notice 2022-23, esop disclosure fy 2022-23, business responsibility report fy 2022-23.

• Management Discussion & Analysis
• Corporate Govemance
• Director’s Report
• Balance Sheet
• Statement of Profit and Loss
• Statement of Changes in Equity
• Statement of Cash Flows
• Notes to standalone financial statements
• Notes to Consolidated financial statements

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Bajaj Auto Ltd Research Report Update

• SECTOR : Automobile
• BSE : 532977
• NSE : BAJAJ-AUTO

Chg: -122.45 (-1.38 %)

Entry Price

Recommend date.

Rounded recovery broadens opportunity pie… Domestic auto industry volumes have been on a steady mend in the months post lifting of lockdown restrictions. Manufacturing and distribution activities have been getting ramped up gradually since June 2020, in step with the rest of the economy. However, the impact of the pandemic on the supply chain continues to inhibit a complete return to production normalcy. Nevertheless, most automotive industry segments have reported successive improvement in offtake throughout June-November 2020 (Exhibit 1) –on the back of (i) initial bounce provided by pent-up aspect, followed by (ii) preference for affordable personal mobility & continued rural resilience. E-commerce & the need for last mile connectivity have served LCVs well throughout, with trucks being the latest category to rebound amid pickup in freight rates amid near normal economic activity domestically. On the flip side, segments related to public transport such as buses & passenger 3-Ws continue to lag heavily due to closure of schools & offices for most part, amid ongoing concerns over social distancing. September and October 2020 wholesale dispatches were particularly strong for the 2-W and PV segments, with several OEMs reporting record volumes – partly reflecting an element of channel restocking in preparation for the festive period. Fears of excessive inventory build-up were allayed, however, as retail sales as per FADA for the 42-day period from Navratri-Diwali were quite healthy at ~95% of last year’s levels

Copyright© 2022. All rights Reserved. ICICI Securities Ltd. ®trademark registration in respect of the concerned mark has been applied for by ICICI Bank Limited

Stock Research Report for Bajaj Auto Ltd

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Bajaj Auto Limited is an India-based manufacturer of two-wheelers, three-wheelers and quadricycles. The Company is engaged in the business of the development, manufacturing, and distribution of automobiles, such as motorcycles, commercial vehicles, electric two-wheelers, and parts. Its segments include Automotive, Investments and Others. Its motorcycles include Boxer, CT, Platina, Discover, Pulsar, Avenger, KTM, Dominar, Husqvarna, and Chetak. Its commercial vehicles include Passenger Carriers, Good Carriers, and Quadricycle. The Company's geographic segments include India and the Rest of the world. The Company's plants include the Waluj plant, Chakan plant and Pantnagar plant. The Company has five overseas subsidiaries: PT Bajaj Auto Indonesia, Bajaj Auto International Holdings BV, Netherlands, Bajaj Auto (Thailand) Ltd., Bajaj Auto Spain S.L.U. and Bajaj Do Brasil Comercio De Motocicletas Ltda and two Indian subsidiaries: Chetak Technology Ltd. and Bajaj Auto Consumer Finance Ltd.

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A Project Report On BAJAJ AUTO LIMITED Submitted in Fulfilment of Business History Project In Master in Business Administration Chetan Raja : (17BSPHH01C0308

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Automotive Two-wheelers Market 2024 Size, Global Report till 2031 | Honda, Yamaha, Hero Moto Corp, Bajaj Auto, TVS

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Research and Markets: Opportunities in Auto Finance Market in BRIC Countries

DUBLIN--( BUSINESS WIRE )-- Research and Markets ( http://www.researchandmarkets.com/research/9f59cb/opportunities_in_a ) has announced the addition of the " Opportunities in Auto Finance Market in BRIC Countries " report to their offering.

Executive Summary Auto financing has become one of the most prominent ways of purchasing automobiles in developing countries for the last few years. The per capita income and spending in these countries is quite low in comparison to the developed nations. In spite of this fact, the demand of automobiles is rising here and this has presented plenty of opportunities for auto finance companies. The passenger and commercial vehicles have registered more than 15 per cent annual growth over the last 5 years and same trend is expected to continue in future as well. The convenient acquisition process of cars, convenient financing process and favorable interest rate in the BRIC nations has contributed to this growth. Looking at this growth rate and trend of adopting financing option while buying vehicles, it is anticipated that auto financing market will register a healthy growth rate over the next few years. The key objective of this report is to probe and identify emerging opportunities in the vehicle finance market in BRIC countries. The report also provides a detailed overview and succinct summary of auto financing market in BRIC countries. The content in this report is especially useful for those companies and investors who are looking to invest in the auto financing industry of India, Russia, Brazil and China. The report highlights the key competitors and their business performance in each of the country level industry. This is expected to enable the target audience of this report in understanding the contemporary industry scenario. The report Opportunities in Auto Finance Market in BRIC Countries discusses key industry trends which are associated with the overall industry growth. Our research has found that India and Brazil have maximum potential for growth. The report gives a complete overview of the financial condition of the consumer profile thus enabling clients in understanding demand scenario.

Key findings of the report are:

• In Brazil, the availability of financing has increased significantly over the past 10 years; up to 5 years ago the maximum term of an auto loan was 24 months. However, removal of this time limit has attracted number of car buyers to avail this option.
• The auto companies in BRIC countries are increasingly focusing on developing their own financing arms with an objective of providing easy financing and removing cost barriers from the customers' mind. Developing their own auto financing service can not only add substantially to the profits of auto companies, this vital diversification will orient new businesses and garner economies of scale for the automakers. For instance, out of Euros 413 million pre-tax profit of BMW in 2009, Euros 365 million came from its auto financing business.
• Supported by increasing disposable income and increasing demand for luxury cars in India luxury car maker Audi AG is planning to set up their auto finance arm in India. Audi for instance believes that by offering loans to potential consumers in India, will help it to increase its sale by almost 50 per cent in 2011.

The report takes three business days

Key Topics Covered:

1. Research Methodology

2. Auto Financing in BRIC Countries - An Overview

3. Key Industry Trends and Growth Drivers

4. Market Performance and Potential Analysis

5. Opportunities for New Entrants

6. Key Players

Companies Mentioned :

• BMW - Financial Services
• IVECO CAPITAL
• RENAULT CONSORTIUM
• CREDIT BANK OF MOSCOW
• Bank Saint Petersburg
• Bajaj Auto Finance
• M&M Finance services
• Sundaram Finance
• Shriram Transport Finance

For more information visit http://www.researchandmarkets.com/research/9f59cb/opportunities_in_a

Research and Markets Laura Wood, Senior Manager, [email protected] U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716

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Automotive Intake Manifold Market Growing Popularity & Emerging Trends | Edelbrock, Röchling Group, Inzi Controls

Stay up to date with Automotive Intake Manifold Market research offered by HTF MI. Check how key trends and emerging drivers are shaping this industry growth. PUNE, MAHARASHTRA, INDIA, May 17, 2024 /⁨EINPresswire.com⁩/ -- The Latest Released …

Stellantis Announces Changes in Leadership Team

Stellantis Announces Changes in Leadership Team AMSTERDAM, May 17, 2024 – Stellantis today announced the following organizational changes, effective June 1, 2024. Christine Feuell is appointed Ram brand CEO in addition to her current responsibility as …

REE Automotive to Report First Quarter 2024 Financial Results on May 30, 2024

TEL AVIV, Israel, May 17, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced it will report its first quarter …

Blockchain: Revolucionando el Comercio, la Gobernanza y la Confianza en 2024. Opinio del Jurista Francisco Manuel Lazala

Blockchain: Revolucionando las Operaciones Comerciales Internacionales, la Gobernanza y la Confianza en 2024. Opinio del Jurista Francisco Manuel Lazala SANTO DOMINGO, DISTRITO NACIONAL, REPúBLICA DOMINICANA, May 16, 2024 /⁨EINPresswire.com⁩/ -- …

The Alamo Letter Society Announces Mr. Fain McDougal, Brazos County Chair

Mr. McDougal has been an active civic leader in Brazos County for over 35 years. His forefather, Valentine Bennet fought in the Battle of Gonzales DALLAS, TX, USA, May 16, 2024 /⁨EINPresswire.com⁩/ -- The Alamo Letter Society is honored to …

NFI subsidiary New Flyer announces contract with BC Transit for 33 battery-electric buses

WINNIPEG, Manitoba, May 17, 2024 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) New Flyer Industries Canada ULC (New Flyer), a subsidiary of NFI Group Inc. (NFI) and leading manufacturer of heavy-duty transit buses, today announced a contract with …

KRANKEN SIGNS Expands in York CountySC and Now Serves Rock Hill SC and York SC

KRANKEN SIGNS Expands into York County with New Location Serving Rock Hill SC, York SC and Gastonia NC ROCK HILL, SC, UNITED STATES, May 16, 2024 /⁨EINPresswire.com⁩/ -- KRANKEN SIGNS, a leading provider of custom signage solutions, is excited to …

Giuliano Automotive Partners with ICON Autocraft Private Limited for Indian Market

Giuliano Automotive, known for its automotive equipment and machinery announces strategic partnership with Icon Autocraft Private Limited as partner for India FARIDABAD, HARYANA, INDIA, May 17, 2024 /⁨EINPresswire.com⁩/ -- Giuliano Automotive, …

Penske Truck Leasing proposera les camions à moteur P7-C EV de REE à ses clients pour des démonstrations et des ...

-  Le camion REE® Penske sera exposé au stand de REE lors du salon de l’automobile ACT Expo prévu à las Vegas. -  Le camion de REE® Penske est doté d’une traction intégrale et à direction par câble avec une autonomie de 150 miles et une cabine centrée sur …

Penske LKW-Leasing bietet seinen Kunden den P7-C EV- LKW von REE Automotive für Vorführungen und Bestellungen in ganz ...

– Der REE® Elektro-LKW von Penske wird am REE-Stand auf der ACT Expo in Las Vegas zu sehen sein. – Der P7-C ist das weltweit erste FMVSS-zertifizierte elektrische Allradfahrzeug vollständig ausgestattet mit By-Wire-System mit einer Reichweite von bis zu …

“FLORIDA GULF COAST TATTOO EXPO” RETURNS AND ATTRACTS NATIONAL TATTOO ARTISTS, JUDGES AND ENTERTAINERS TO FORT MYERS

The “Florida Gulf Coast Tattoo Expo,” June 28-30 in Fort Myers, celebrates tattoo art, culture and community, with proceeds benefiting children's charities FORT MYERS, FL, UNITED STATES, May 16, 2024 /⁨EINPresswire.com⁩/ -- Final preparations …

REGENERATE-OWNED COMPANY NAMED “CLEANTECH START-UP OF THE YEAR” AND “GLOBAL START-UP OF THE YEAR”

REGENERATE-OWNED COMPANY, NAMED “CLEANTECH START-UP OF THE YEAR” AND “GLOBAL START-UP OF THE YEAR” AT THE 2024 EAST OF ENGLAND START-UP AWARDS LONDON, UNITED KINGDOM, May 16, 2024 /⁨EINPresswire.com⁩/ -- Cambridge-based technology start-up Ever …

iAuto Group and Human Horizons Enter into Comprehensive Strategic Cooperation Agreement

iAuto has chosen Human Horizons as its strategic partner in China because of Human Horizon’s proven innovation in design and technology. HONG KONG, HONG KONG, HONG KONG, May 16, 2024 /⁨EINPresswire.com⁩/ -- iAuto Group Inc. ("iAuto") and …

iAuto集团与华人运通签署全面战略合作协议

iAuto 以创新的电驱动技术为基础，在中国找到了最合适的战略合作伙伴；华人运通团队对iAuto的理念充分了解并高度认可，其发展目标也跟iAuto的技术路径有高度的协同作用。 香港, 香港, 中国, May 16, 2024 /⁨EINPresswire.com⁩/ -- 经过三个月的密集磋商，iAuto Group Inc. （“iAuto”）与华人运通共同宣布，双方在2024年5月10 …

Small Warehouses, the New Big Thing in Commercial Real Estate

ROCK HILL, SC, UNITED STATES, May 16, 2024 /⁨EINPresswire.com⁩/ -- Garage For Life, Inc., a leading commercial real estate developer, is proud to announce its latest project: a state-of-the-art flex warehouses in Rock Hill, SC located at 299 Chad …

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Moscow theatre attack: What is ISIS-K? Why did gunmen launch firing against Russians | Explainer

Isis-k has a history of attacks, including against mosques, inside and outside afghanistan. the terrorist group has opposed russian president vladimir putin in recent years..

The U.S. has intelligence confirming Islamic State's claim of responsibility for a deadly shooting attack at a concert near Moscow on Friday, a U.S. official told Reuters.

Here is information about the Islamic State's Afghan branch known as ISIS-K and their motives for attacking Russia:

WHAT IS ISIS-K?

Islamic State Khorasan (ISIS-K), named after an old term for the region that included parts of Iran, Turkmenistan and Afghanistan, emerged in eastern Afghanistan in late 2014 and quickly established a reputation for extreme brutality.

Moscow concert attack: US warned Russia about risk of ‘extremists’. 10-point

One of the most active regional affiliates of the Islamic State militant group, ISIS-K has seen its membership decline since peaking around 2018. The Taliban and U.S. forces inflicted heavy losses.

The United States has said its ability to develop intelligence against extremist groups in Afghanistan such as ISIS-K has been reduced since the withdrawal of U.S. troops from the country in 2021.

WHAT ATTACKS HAS THE GROUP CARRIED OUT?

ISIS-K has a history of attacks, including against mosques, inside and outside Afghanistan.

EU Is Set to Impose Punitive Tariffs on Russian Grain

Earlier this year, the U.S. intercepted communications confirming the group carried out twin bombings in Iran that killed nearly 100 people.

In September 2022, ISIS-K militants claimed responsibility for a deadly suicide bombing at the Russian embassy in Kabul.

The group was responsible for an attack on Kabul's international airport in 2021 that killed 13 U.S. troops and scores of civilians during the chaotic U.S. evacuation from the country.

Modi holds talks with Ukraine's Volodymyr Zelensky, assures 'consistent support'

Earlier this month, the top US general in the Middle East said ISIS-K could attack US and Western interests outside of Afghanistan "in as little as six months and with little to no warning."

WHY WOULD THEY ATTACK RUSSIA?

While the attack by ISIS-K in Russia on Friday was a dramatic escalation, experts said the group has opposed Russian President Vladimir Putin in recent years.

"ISIS-K has been fixated on Russia for the past two years, frequently criticizing Putin in its propaganda," said Colin Clarke of Soufan Center, a Washington-based research group.

Michael Kugelman of the Washington-based Wilson Center said that ISIS-K "sees Russia as being complicit in activities that regularly oppress Muslims."

He added that the group also counts as members a number of Central Asian militants with their own grievances against Moscow.

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