Bajaj Auto has announced its biggest share buyback, worth Rs 5,633 crore, priced at Rs 12,000 per share—a premium for existing shareholders. The offer includes a reserved portion for retail investors and promoters are reportedly not participating, which could impact who gets shares. The move also reflects management confidence in cash generation, but investors should wait for the record date and letter of offer before deciding.
Six BSE 100 stocks hit fresh 52 week highs even as the broader market remained weak. Bajaj Auto, along with Nestlé India, Adani Ports and Special Economic Zone, Cummins India, Apollo Hospitals Enterprise and Titan Company, have rallied as much as 22% over the past month, highlighting pockets of strength in specific sectors and names.
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The West Asia conflict is denting demand for entry-level motorcycles in India, with Bajaj Auto expecting growth to fall sharply from over 20% to about 7-9%. At the same time, electric scooters are accelerating as fuel prices and rising commodity costs push consumers toward EVs. Bajaj Auto’s Chetak sales are surging, signaling a tougher road ahead for petrol bikes.
Bajaj Auto shares surged more than 3% to an intraday high of Rs 10,656 on May 7 after the company reported a 34% year-on-year jump in Q4 net profit to Rs 2,746 crore. The rally also followed news of a large buyback worth Rs 5,633 crore, boosting investor confidence in the two-wheeler maker’s outlook.
Bajaj Auto posted its highest-ever quarterly net profit of ₹2,746 crore, driven by a broad-based rise in vehicle sales across its brands. The company also reported strong export growth, cushioning concerns about an industry slowdown. Despite expectations of softer conditions, Bajaj Auto is optimistic, citing a strong product mix and export strength, while full-year revenue and profit reached new highs.
Bajaj Auto has approved a Rs 5,633 crore share buyback through the tender route at Rs 12,000 per share, alongside a Rs 150 dividend. The announcement comes with strong Q4 numbers, where profit rose 34% and revenue grew 32%, supported by higher volumes, stronger exports, and improved margins.
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Bajaj Auto posted a standalone net profit of Rs 2,746 crore for the March-ended quarter, up 34% year-on-year from Rs 2,049 crore. Revenue also rose 32%, signaling stronger operating momentum. Alongside the earnings, the company announced a Rs 150 per share dividend, adding immediate value for investors.
Bajaj Auto is set to announce a share buyback alongside its Q4 FY26 results, and investors will focus on the announced buyback size, price, and timeline. The announcement follows earlier buybacks executed at strong premiums. Meanwhile, the stock is trading above prior buyback levels, reflecting ongoing gains as markets await the new terms.
Bajaj Auto and four other BSE 100 stocks hit fresh 52-week highs, with recent rallies reaching as much as 40% over the past month. The group includes Adani Power, Adani Ports, Nestle India, and Cummins India, signaling broad-based strength across sectors rather than isolated momentum.
Maruti Suzuki, Bajaj Auto and other auto stocks jumped as strong April sales data boosted investor sentiment. The rally lifted the Nifty Auto index by more than 1%, with gains led by major automakers outperforming expectations. Traders are now watching whether the sales momentum can extend beyond April and sustain the current optimism.
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Bajaj Auto says its board will meet on May 6, 2026 to consider a share buyback proposal. If approved, the company plans to return surplus cash to shareholders, following the Companies Act, 2013 and Sebi’s buyback regulations. The decision could significantly shape investor sentiment ahead of the board’s ruling.
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