Bajaj Auto s buyback size represents 40 lakh shares or 1.41% of the total number of equity shares of the company. Currently, promoter and promoter group entities hold 54.94% stake in Bajaj Auto, and foreign institutional investors hold 14.72%.
Bajaj Auto Share Price: Stay updated on Bajaj Auto share price today as the company approved Rs 4,000 crore share buyback at Rs 10,000 apiece. Get the latest insights on Bajaj auto share at news18.com.
The stock rose 6.21 per cent to hit a high of Rs 7,420, as the buyback price at Rs 10,000 crore was at 43.14 per cent premium to the stock's Monday's closing price of Rs 6,985.70.