Bajaj Auto shares upsurge 2%, KTM stake hiked by ₹461.6 crore investment

Bajaj Auto shares have rallied over 2%, hitting an intraday high of ₹8,039.65, as the market took note of the company’s investment in Pierer Bajaj AG (PBAG), the parent company of Austrian motorcycle company KTM. Overall, the launch reflects Bajaj Auto’s desire to strengthen its position in the premium motorcycle market. Strategic Investment DetailsBajaj Auto…

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UltraTech Cement shares gain as it launches multiple brownfield expansions

UltraTech Cement shares rose marginally to Rs 11,639 per share on March 27. The company announced the successful launch of multiple brownfield expansions across India, further adding to its production capacity. In the past month, the stock of this cement giant has jumped 14 percent, significantly outperforming the benchmark Nifty 50 index, which registered a…

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