Bajaj Auto s shares surged by nearly 6% in early trading session after the company s board approved a ₹4,000-crore share buyback at a price of ₹10,000 apiece.
Bajaj Auto share price touched the record high in Tuesday's trading session after the automaker said it would buy back shares at a higher-than-expected 43% premium. Shares of the auto maker of the popular "Pulsar" range of motorcycles surged as much as 5.9% to 7,399 rupees before trimming some gains to last trade up 2.2%. Bajaj Auto Share Price Target 2024, Bajaj Auto Share Price History NSE, BSE, Bajaj Auto Buyback News - check all details here. , Companies News, Times Now
Torrent Pharma is reportedly in talks to form a consortium and raise $1.2-1.5 billion from CVC Capital Partners as it is looking to put together a $7 billion or Rs 60,000 crore financing package to acquire rival Cipla. CVC could turn out to be Torrent’s lead partner. The development has not yet been confirmed by the group.
Top stocks of the week: Bulls continued their dominance at Dalal Street as benchmark indices managed to settle higher for another trading session on Friday. Watch this Visual Story to check top stocks of the week.