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Bajaj Auto gains 2% in a weak market as board to mull buyback on June 14

The board of directors of Bajaj Auto is scheduled to meet on Tuesday, 14 June 2022, to consider a proposal for buyback of fully paid-up equity shares of the company

Bajaj Auto
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(Photo: Bloomberg)

Deepak Korgaonkar Mumbai
Shares of Bajaj Auto advanced 2 per cent to Rs 3,965 on the BSE in Friday's trade, in an otherwise weak market, after the company said its board will consider buyback proposal on June 14, 2022. With this, the stock has rallied 5 per cent in two trading days. At 09:18 AM, Bajaj Auto was up 1.7 per cent as compared to 1 per cent decline in the S&P BSE Sensex.

"The meeting of board of directors of the company is scheduled to be held on Tuesday, 14 June 2022, inter-alia to consider a proposal for buyback of fully

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