Bajaj Auto shares gained ahead of the record date for its Rs 5,633 crore share buyback, the companys largest to date. The buyback will be conducted at a premium through the tender route. Analysts suggest existing shareholders may benefit, while new investors should focus on business fundamentals rather than the buyback alone.

Last week, Bajaj Auto said that its buyback committee decided on the record date for the purpose of determining the entitlement and eligibility of shareholders who can tender…

Bajaj Auto shares gained ahead of the record date for its Rs 5,633 crore share buyback, the companys largest to date. The buyback will be conducted at a premium through the tender…