Indiain For Media
Buisness

On January 8, Bajaj Auto will consider buying back shares; the stock surges

<p>Bajaj Auto’s shares surged by over 6% on Wednesday after the company said on Wednesday that it would review a proposal for a repurchase of shares on January 8. The repurchase proposal comes after the company’s shares had an incredible 88% increase in 2023—its greatest year since 2009—beating the Nifty Auto index’s 47.6% gain.</p>
<p><img decoding=”async” class=”alignnone wp-image-337304″ src=”https://www.theindiaprint.com/wp-content/uploads/2024/01/theindiaprint.com-on-january-8-bajaj-auto-will-consider-buying-back-shares-the-stock-surges-download.jpg” alt=”theindiaprint.com on january 8 bajaj auto will consider buying back shares the stock surges download” width=”1432″ height=”1072″ title=”On January 8, Bajaj Auto will consider buying back shares; the stock surges 6″ srcset=”https://www.theindiaprint.com/wp-content/uploads/2024/01/theindiaprint.com-on-january-8-bajaj-auto-will-consider-buying-back-shares-the-stock-surges-download.jpg 259w, https://www.theindiaprint.com/wp-content/uploads/2024/01/theindiaprint.com-on-january-8-bajaj-auto-will-consider-buying-back-shares-the-stock-surges-download-150×112.jpg 150w” sizes=”(max-width: 1432px) 100vw, 1432px” /></p>
<p>Bajaj Auto’s stock was up 4.3% as of Wednesday’s latest trade. On January 24, the manufacturer of two- and three-wheelers is scheduled to release its third-quarter financial results.</p>
<p>The manufacturer of “Pulsar” motorcycles most recently repurchased shares for Rs 2,500 crore in July and October of 2022.</p>

Related posts

Check out the details of Air India’s First Ferry Aircraft, A350-900, as it takes off from Singapore

Fitch Ratings increased India’s GDP estimate, beneficial for Indian Economy 

India’s mineral output increases by 7.6 percent in June

Tata Steel to Give Employees an Annual Bonus of Rs. 314.70 Billion; Check Details

New prices for gasoline and diesel were announced on October 21: Rates In Your City Can Be Found Here

In the last five years, despite the global economic crisis, gold has outperformed the Sensex, experts say