Bajaj Auto Surges 1.47% on Monday; Buyback Record Date on June 24 at ₹12,000 Boosts Sentiment

Mumbai, June 22: Shares of Bajaj Auto (NSE: BAJAJ-AUTO) opened Monday’s session in positive territory at ₹10,116 against the previous close of ₹10,066, and the stock wasted little time in extending those gains. After a brief dip to the session low of ₹10,088 in the very first minutes of trade, buyers returned with conviction, driving the counter steadily higher through the morning.  

The rally gathered pace from around 09:45 onward, with the stock climbing in a near-unbroken ascent to touch an intraday high of ₹10,268 shortly after 10:00, before consolidating in the ₹10,200–10,250 band for the remainder of the morning. As of the last available tick, Bajaj Auto was trading at ₹10,214 — up ₹148 or 1.47% from the previous close. The Volume Weighted Average Price (VWAP) stood at ₹10,190.96, indicating that the bulk of the session’s volume traded on the higher side of the open. The order book reflected buyer dominance, with 53.52% buy orders (62,129 shares) against 46.48% on the sell side (53,948 shares) — a sharp contrast to broader market hesitance seen in other counters on Monday morning. 

Weekly Trend 

The weekly chart reinforces the bullish tone of Monday’s session. Bajaj Auto was trading around the ₹9,930–9,950 range as the week of June 15 began, and the stock steadily climbed with each passing session. By June 17, it had crossed ₹10,030, and continued to push higher into June 18, where it peaked near ₹10,100 before closing around ₹10,066 on Friday. Monday’s intraday high of ₹10,268 extends that uptrend further, putting the stock up nearly 3% from the June 15 base in a matter of days. The week-long chart shows a clean, steady staircase pattern without any sharp reversals — a sign of sustained institutional buying rather than speculative punting. The buyback announcement and its approaching record date appear to be providing a clear fundamental anchor to the rally. 

Buyback Record Date Fixed for June 24 

The positive price action on Monday is directly tied to a significant corporate development from last week. Bajaj Auto has fixed Wednesday, June 24, 2026, as the record date for its share buyback, giving investors just two trading sessions to get on the eligible shareholders list. The company’s board had approved the buyback on May 6, 2026, and shareholder approval followed on June 18. The buyback involves up to 46,94,000 fully paid-up equity shares at a price of ₹12,000 per share — a premium of approximately 17.5% over Monday’s trading price of ₹10,214 — for a total aggregate amount of up to ₹5,632.80 crore, excluding transaction costs. The buyback is being conducted under the tender offer route as per SEBI’s Buy-Back of Securities Regulations, 2018. With the record date two days away, short-term investors are buying in to establish eligibility, which is providing the immediate fuel for Monday’s rally. 

Source

•  nseindia.com
• Bajaj Auto BSE Filing dated June 18, 2026  
• https://www.nseindia.com/get-quote/equity/BAJAJ-AUTO/Bajaj-Auto-Limited