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 rose 2% ahead of the record date for its substantial Rs 5,633 crore share buyback, marking the company's largest to date. This buyback will proceed via the tender route at a premium. Analysts advise existing shareholders may gain, while new investors should…
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