Bajaj Auto Share Price Surges 3% to 52-Week High Following Q4 Earnings Release.

Bajaj Auto Share Price Surges 3% as Company Reports Record Net Profit and Announces Share Buyback

Bajaj Auto, India's leading two- and three-wheeler manufacturer, saw its share price gain over 3% in early trade on Thursday following the announcement of its Q4 results and a share buyback. The company's shares rallied as much as 3.25% to a 52-week high of ₹10,650 apiece on the BSE.

Bajaj Auto reported its highest ever net profit of ₹2,746 crore in the fourth quarter of FY26, a growth of 34% year-on-year (YoY), driven by strong operating performance. The company's revenue from operations in Q4FY26 grew 32% YoY to a record ₹16,006 crore, driven by all-time high volumes, an improved product mix, and favourable currency movements. The domestic motorcycles business registered nearly 30% YoY volume growth.

The company's operating performance was also strong, with EBITDA during the March quarter increasing 36% YoY to a record high of ₹3,323 crore, while margins expanded to 20.8%.

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Bajaj Auto also announced a share buyback of ₹5,633 crore, its second in three years. The company will buy back up to 4,694,000 fully paid-up equity shares, representing up to 1.68% of the total number of equity shares in the paid-up equity share capital. The buyback price has been fixed at ₹12,000 apiece.

The Board of Directors of Bajaj Auto also recommended a dividend of ₹150 per share (1500%) of face value of ₹10 each on equity shares for FY26. The dividend record date is 29 May 2026, Friday, and the dividend payment date is 24 July 2026, Friday.

Brokerage firms Motilal Oswal and Nuvama Institutional Equities have provided their views on Bajaj Auto's Q4 results. Motilal Oswal has reiterated a 'Neutral' rating on Bajaj Auto shares and raised the target price to ₹9,965 apiece, based on 22x FY28E core EPS. Nuvama Institutional Equities, on the other hand, retains a 'Buy' rating and raised Bajaj Auto share price target to ₹11,600 apiece from ₹10,700 earlier.

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At 9:40 AM, Bajaj Auto share price was trading 2.93% higher at ₹10,617.05 apiece on the BSE.