Bajaj Auto gains as its arm to raise funds up to Rs 5,000 crore through NCDs
Bajaj Auto is currently trading at Rs. 8352.00, up by 23.95 points or 0.29% from its previous closing of Rs. 8328.05 on the BSE.
The scrip opened at Rs. 8322.15 and has touched a high and low of Rs. 8364.00 and Rs. 8315.00 respectively. So far 2744 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 12772.15 on 27-Sep-2024 and a 52 week low of Rs. 7088.25 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 8364.00 and Rs. 8046.25 respectively. The current market cap of the company is Rs. 233235.95 crore.
The promoters holding in the company stood at 55.04%, while Institutions and Non-Institutions held 22.60% and 22.36% respectively.
Bajaj Auto’s wholly owned subsidiary -- Bajaj Auto Credit has received approval to raise funds up to Rs 5,000 crore through issuance of Non-Convertible Debentures (NCDs). The board of directors also enhanced limit of issuance of Commercial Papers up to Rs 3,000 crore. Besides, the board has approved Subordinated Debt (Tier-2) issuance limit up to Rs 750 crore.
The Board of Directors of Bajaj Auto Credit in their meeting held on July 17, 2025, has approved the same.
Bajaj Auto is an Indian company which manufactures motorcycles, three-wheelers and quadricycles.
