Bajaj Auto share price hits 52-week high, ₹150 dividend

What drove the move on Wednesday

Bajaj Auto shares rallied on Wednesday amid strong buying interest, pushing the stock to a fresh 52-week high on the BSE. The move comes as investors track the dividend schedule announced by the company and position ahead of the record date later this week. The day’s rise also followed a period of sharp gains in the stock over the last few weeks.

In the market update, Bajaj Auto gained as much as 2.26% to ₹10,831.45 apiece on the BSE. At 2:05 PM, the stock was trading 2.06% higher at ₹10,808.95.

Fresh 52-week high: key price points reported

Multiple intra-day prints were cited across reports tracking Bajaj Auto’s move. One update said the stock was up 1.88% at ₹10,790 at around 11:57 AM, after moving between an intra-day low of ₹10,589 and an intra-day high of ₹10,811.85. Separately, the session high of ₹10,831.45 was highlighted as the peak for the day.

A reference price for the previous session was also cited. The share price of BAJAJ-AUTO as on 26 May 2026 was ₹10,593.

Dividend in focus: record date, ex-dividend date, and eligibility

The rally was linked to the upcoming dividend record date. Bajaj Auto has recommended a dividend of ₹150 per share for FY26 (reported as 1500% of face value of ₹10 each). The record date has been fixed as Friday, 29 May 2026.

Some reports also noted that the shares are expected to trade ex-dividend on 29 May 2026. The practical implication is that purchases made on the ex-dividend date do not carry the dividend entitlement.

Why May 27 was flagged as the “last day” in a T+1 market

With India’s T+1 settlement cycle, investors need to factor in when shares are credited to demat accounts for record-date eligibility. The market update stated that investors must purchase Bajaj Auto shares on May 27 to ensure the shares are credited to their demat accounts by May 29. Based on that framing, May 27 was described as the last day to buy Bajaj Auto shares to receive the ₹150 per share dividend.

This is important for short-term traders and dividend-focused investors, because eligibility hinges on being a shareholder on the record date, not on the date the dividend is paid.

AGM approval and expected dividend payout timeline

A Hindi-language update linked the dividend to shareholder approval at the company’s AGM, stating the payout will be made only after shareholders approve it. The same coverage said Bajaj Auto expects to pay the dividend on or around 24 July.

Another report added the AGM date and timeline in more detail. It said the AGM will be held on July 21, and that the dividend, if approved at the ensuing AGM, will be credited or dispatched on or around July 24, 2026.

Brokerage view: Axis Securities stays bullish

Axis Securities reiterated a constructive view on Bajaj Auto, citing multiple business drivers. The brokerage flagged strong multi-cylinder growth triggers across domestic premium motorcycles, an export rebound, a disciplined approach in three-wheelers and Electric Vehicles (EV) scale-up, and a sharply improving financial services business through BACL.

Axis Securities maintained a ‘Buy’ rating and raised its target price to ₹11,410 per share from ₹10,790 earlier.

Other brokerage targets also moved after Q4 update

Other brokerage actions were also cited in the broader flow of updates around Bajaj Auto. Nuvama retained a ‘Buy’ rating and raised its target price to ₹11,600 per share from ₹10,700 earlier. JM Financial maintained a ‘Reduce’ call while increasing its target price to ₹9,600 from ₹9,510.

These revisions were reported after Bajaj Auto announced its Q4 results along with shareholder return actions.

Buyback and shareholder returns: ₹5,633 crore at ₹12,000

Alongside the dividend recommendation, Bajaj Auto also announced a share buyback via tender offer. The buyback price was cited at ₹12,000 per share.

One report quantified the proposed buyback at ₹5,633 crore. The combination of Q4 performance and the buyback-dividend package was cited as a key reason the stock hit fresh highs in recent sessions.

How the stock has performed recently

The updates also included short-term and long-term return snapshots. Bajaj Auto shares were reported to have gained 17% in one month and 11% in three months. Over six months, the stock was said to be up 21%, and up 35% over one year.

The same dataset said the stock has delivered 174% returns over the past five years. Another market update noted that the stock appreciated 12% in the last six trading days.

Key facts at a glance

Brokerage targets summary

What investors will watch next

The immediate milestone remains the May 29 record date, since eligibility for the ₹150 per share dividend depends on shareholder status as of that date. The next formal step is shareholder approval at the AGM scheduled for July 21.

After the AGM, the expected timeline cited in the filings and reports points to the dividend being credited or dispatched on or around July 24, 2026, subject to approval.

Conclusion

Bajaj Auto’s shares hit a fresh 52-week high amid buying ahead of the dividend record date and supportive brokerage commentary. The key near-term markers remain the May 29 record date, the July 21 AGM, and the expected dividend payout around July 24, 2026 if shareholders approve the recommendation.