External broker reports(aggregated public sources), Axis Direct

Axis Direct

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

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External broker reports(aggregated public sources)

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<ul><li>Bajaj Auto Ltd. has approved the buyback of 40 Lc shares at a price of Rs 10,000/share for an aggregate amount not exceeding 4,000 Cr.</li><li>The buyback offer amounts to 16.33% of the aggregate paid-up share capital of the company and will be executed through a Tender route.</li><li>The small shareholder category holds 5.44% (1.53 Cr shares) of the total holding. As per the guidelines, 15% of the total buyback is reserved for the “Small Shareholders” category.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Bajaj Auto Ltd. has approved the buyback of 40 Lc shares at a price of Rs 10,000/share for an aggregate amount not exceeding 4,000 Cr.The buyback offer amounts to 16.33% of the aggregate paid-up share capital of the company and will be executed through a Tender route.The small shareholder category holds 5.44% (1.53 Cr shares) of the total holding. As per the guidelines, 15% of the total buyback is reserved for the “Small Shareholders” category.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Bajaj Auto Ltd-  Buyback Tender Offer; Return Potential of 5%-6.4%in 3-4 Months