Bajaj Auto rises after board clears Rs 1,500 crore fund infusion in BACL
Bajaj Auto Share Price News: Bajaj Auto shares rose on Wednesday, March 19, after the auto major's board approved a plan to infuse additional funds in its wholly-owned subsidiary Bajaj Auto Capital Ltd (BACL). Read on to learn about Bajaj Auto shares in detail.
)
07:17 PM IST
Bajaj Auto Share Price Today: Pune-based motorcycle manufacturer Bajaj Auto's shares rose on Wednesday, a day after the auto major—whose popular motorcycles include Pulsar, Discover and Dominar—announced additional fund influsion of Rs 1,500 crore in its wholly-owned subsidiary Bajaj Auto Capital Ltd (BACL). The fund infusion, cleared by Bajaj Auto's board, will be made in phased manner during the next financial year (FY26), the motorcycle maker said in a post-market hours regulatory filing on Tuesday.
According to Bajaj Auto, Bajaj Auto Capital will continue to be its wholly-owned subsidiary after the fund infusion.
Bajaj Auto Stock Price Latest Update
The Bajaj Auto stock—traded with the symbol BAJAJ-AUTO on stock exchanges BSE and NSE—ended higher by Rs 125.1, or 1.6 per cent, at Rs 7,731 apiece on BSE, outperforming gains of 0.3-0.4 per cent in the Nifty 50 and Nifty Auto gauges. The stock finished higher for a second straight session.
During the session, Bajaj Auto shares rose by as much as Rs 159.1, or 2.1 per cent, to Rs 7,765 apiece on the bourse.
At the day's high, the stock is up 3.7 per cent in two days.
Bajaj Auto Board Clears Rs 1,500 Crore Additional Fund Infusion in Bajaj Auto Capital: Details
Here are five key things to know about this development:
- Bajaj Auto said that the proposed investment is a related party transaction (RPT) and would be carried out on an arm’s length basis.
- Bajaj Auto's Managing Director and CEO Rajiv Bajaj, Executive Director Rakesh Sharma, and Independent Director Pradip Shah are also on BACL's board.
- Bajaj Auto expects BACL's assets under management (AUM) to grow significantly in the coming financial year. The AUM growth is set to get a boost by the additional capital infuion in the form of Tier 1 and Tier 2 capital in compliance with the regulatory requirement and BACL’s policy on maintaining capital adequacy, Bajaj Auto noted. As of December 31, BACL's total assets under management stood at Rs 7,048 crore.
- BACL has completed a national expansion drive in a phased manner during the current financial year, according to the parent.
- As of March 31 last year, Bajaj Auto Credit had a turnover of Rs 16.65 crore and net worth of Rs 258.23 crore, according to Bajaj Auto.
What is BACL and what does it do?
BACL is Bajaj Auto's 100 per cent captive finance subsidiary. Incorporated in December 2021, BACL is a non-banking financial company (NBFC) aimed at financing the vehicles manufactured or marketed by Bajaj Auto and its subsidiaries or associates.
BACL began business operations in January 2024.
Bajaj Auto Shares Past Performance
Bajaj Auto shares have declined about 11 per cent so far in 2025, underperforming a 3.5 per cent decline in the headline Nifty 50 index.
Catch key stock market updates here. For all other news, visit Zeebiz.com.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
)
Gratuity Calculation: What will be your gratuity on Rs 40,000 last-drawn basic salary and 6.3 years of service?
)
Power of Compounding in One-time Investment: Rs 2.50 lakh investment for 30 years vs Rs 12 lakh for 16 years vs Rs 15 lakh for 14 years; which can give highest return?
)
Rs 58,860 Home Loan EMI vs Rs 58,860 SIP: Which can lead to quicker path to purchase Rs 77 lakh home? See calculations
)
9 Stocks to Buy for Short Term: Analysts recommend largecap, midcap scrips for 2 weeks; Bajaj Auto, Hero MotoCorp on the list
)
Monthly Income From One-time Investment: How Rs 14,00,000 one-time investment can generate Rs 2,44,000 monthly income for 30 years
)
8th Pay Commission Pension Calculations: Is your current pension Rs 22,450, Rs 33,850, or Rs 39,400; know how much it can be at 2.0, and 2.08 fitment factors
07:17 PM IST