Bajaj Auto shares gained ahead of the record date for its Rs 5,633 crore share buyback, the company’s largest to date. The buyback will be conducted at a premium through the tender route. Analysts suggest existing shareholders may benefit, while new investors should focus on business fundamentals rather than the buyback alone.
Bajaj Auto shares gained ahead of the record date for its Rs 5,633 crore share buyback, the company’s largest to date. The buyback will be conducted at a premium through the tender route. Analysts suggest existing shareholders may benefit, while new investors should focus on business fundamentals rather than the buyback alone.
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