Mizoram News Pulse
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

The next round of India-UK Free Trade Agreement negotiations will begin on Monday with a British delegation

Foreign portfolio investors have already invested Rs 13,948 billion in the Indian stock market in August

The whole list of disputes that have occurred since Elon Musk took control of Twitter in the last year is available here.

What Will Change For You With WhatsApp Payments Now Available in India? Chat & Pay

US Federal Reserve Increases Regulation of Crypto and Stablecoin Activities

Volkswagen Declares It Will Include An AI Chatbot Powered By ChatGPT In Its Cars