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bajaj auto share price: Bajaj Auto board approves Rs 4000-crore share buyback at Rs 10,000 each

The two-wheeler major will repurchase up to 40,00,000 shares for a price not exceeding Rs 10,000 a share, the company said in an exchange filing. Dalal Street is set to rejoice this news, as the buyback price is at a whopping 43% premium to the current market price.
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Bajaj Auto buyback: Bajaj Auto board to mull share buyback on January 8

This is the second time Bajaj Auto will be doing a share buyback if the board approves. In July 2022, Bajaj Auto launched a share buyback worth Rs 2,500 crore. The buyback was done at Rs 4,600 a share. Since the first share buyback, the share value of the automaker has more than doubled in value.
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JBM Auto shares zoom 14% to hit one-year high; exchanges seek clarification on e-bus delivery report

JBM Auto share price: The stock jumped 13.58 per cent to hit a day high of Rs 1,665 over its issue price of Rs 1,465.90. As the session progressed, exchanges BSE and NSE have sought clarification from the company with reference to a report titled "JBM Auto aims to deliver 2,000 e-buses in FY24."
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