Bajaj Auto shares surged 2.40% to Rs 10,566.50 on Thursday, touching a fresh 52-week high of Rs 10,656 intraday, as investors responded to a strong all-round Q4 FY26 performance capped by a massive Rs 5,633 crore share buyback at Rs 12,000 per share and a dividend of Rs 150 per share.
Why Bajaj Auto share price is rising today
Three catalysts are driving the move simultaneously — a 34% jump in quarterly profit, a buyback at a significant premium to the current price, and a dividend that underlines the company’s cash generation strength.
The buyback at Rs 12,000 per share — against the current price of Rs 10,566 — represents a 13.6% premium to Thursday’s trading price. That alone is a powerful signal, as it sets a floor under the stock and incentivises holding until the buyback record date.
The Rs 150 per share dividend adds to the shareholder return story. At Thursday’s price, that translates to a dividend yield of approximately 1.42% — meaningful for a large-cap industrial.
The Q4 numbers that justify it
PAT grew 34% year-on-year to Rs 2,746 crore — an all-round beat. Revenue from operations surged 32% to Rs 16,006 crore on record volumes, improved product mix and favourable currency. Growth was broad-based across domestic motorcycles, electric two-wheelers, three-wheelers and exports. EBITDA margin expanded to 20.5% — up 30 basis points year-on-year — driven by favourable USD/INR realisation and operating leverage that more than offset the margin dilution from scaling electric two-wheelers.
For the full year FY26, revenue grew 17% to Rs 58,732 crore and PAT rose 21% to Rs 9,825 crore.
The 52-week high context
At Rs 10,656 intraday, Bajaj Auto has now risen 40% from its 52-week low of Rs 7,612 — a significant re-rating driven by consistent execution, export momentum and now one of the most aggressive capital return programmes in the two-wheeler sector. The stock trades at a PE of 33.09 with a market cap of approximately Rs 2.94 lakh crore.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Please consult a qualified financial advisor before making investment decisions.