Bajaj Auto Slips Despite 28% June Sales Jump as Buyback, Q1 Loom
Bajaj Auto shares dipped 0.83% even as June sales rose 28% YoY to 4,63,202 units and Q1 volumes hit 14,38,251 units (up 29% YoY). Investor focus shifted to the ongoing Rs 5,632.8 crore buyback (Jul 1-7) of 46,94,000 shares at Rs 12,000 each and Q1 results due July 21.
Bajaj Auto shares fell despite 28% YoY June sales growth, as investors focused on its ongoing Rs 5,632.8 crore share buyback (Jul 1-7) and upcoming Q1 results on July 21.