Bajaj Auto, a leading two-wheeler manufacturer in India, reported its highest-ever quarterly profit of ₹2,746 crore for the fourth quarter of FY26, marking a 34% increase from ₹2,049 crore in the same period last year. Revenue from operations also surged 32% year-on-year to ₹16,006 crore. Following this announcement, Bajaj Auto's shares rose over 3% to ₹10,656 on the National Stock Exchange (NSE). The company also revealed a share buyback plan worth ₹5,633 crore, targeting the repurchase of nearly 46.94 lakh equity shares at ₹12,000 each, representing a 16% premium over the previous closing price. Additionally, a dividend of ₹150 per share was declared for the financial year ending March 31, 2026, with the record date set for May 29, 2026.

Brokerages have reacted positively to the results. Nomura maintained a 'Neutral' rating but raised its target price to ₹10,928, while Jefferies increased its target to ₹10,500, both citing strong growth and resilience in two-wheeler demand. Morgan Stanley, however, retained an 'Underweight' rating despite raising its target price to ₹9,259, expressing concerns about potential moderation in domestic demand. JM Financial maintained a 'Reduce' rating, forecasting limited domestic market share gains but strong export growth of 16.7% for FY27.