Bajaj Auto Shares Rise 2% After Company Announces Buyback Consideration

Bajaj Auto shares climbed over 2% in early trade on Thursday after the two-wheeler and three-wheeler major informed stock exchanges that its board will consider a share buyback proposal at its meeting on 6 May 2026.

Bajaj Auto Ltd shares were trading at ₹9,757.50, up 2.24% at 11:45 AM today. The stock touched an intraday high of ₹9,819, up from a previous close of ₹9,543.50. The 52-week high stands at ₹10,187, meaning the stock is trading not far from its peak.

What The Filing Says

Bajaj Auto's exchange filing states the board will evaluate the buyback of fully paid-up equity shares along with all matters incidental to the proposal. The process will follow the Companies Act 2013 and the Securities and Exchange Board of India's Buy-back of Securities Regulations 2018, including all currently applicable amendments.

The company first informed exchanges about the board meeting on 13 April 2026. Thursday’s filing now confirms that the buyback proposal will come up for discussion at that meeting.

The trading window for dealing in Bajaj Auto securities remains closed from 1 April to 8 May, 2026, covering designated persons and their immediate relatives under the Securities and Exchange Board of India's Prohibition of Insider Trading Regulations 2015. The closure extends to cover the buyback deliberations as well.

Also Read - US Fed Keeps Rates Unchanged In Powell’s Likely Final Meeting

Context And History

This is the first time in nearly two years that Bajaj Auto is considering a buyback. The last one was in March 2024, when the company bought back shares at ₹10,000 per share. The return to buyback territory signals continued confidence in the company's cash generation and capital position.

On the business front, Bajaj Auto's domestic three-wheeler sales were up 25% year-on-year as per February sales data. Overall three-wheeler segment sales for FY26 so far are up 7%.

Sources:

CNBC

Moneycontrol