11 May 07 Bajaj Auto board to consider splitting business

Bajaj Auto informed the Indian stock exchanges that its board of directors would meet on May 17 2007 to consider splitting the business of Baja Auto and forming one or more new companies. Bajaj Auto had earlier informed the Indian stock exchanges that it would consider separating its manufacturing business and its investments business which are totally unrelated.

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Reader's Comments

1. Sachin | 23 May 2007 5:20 am

   Hi,

   I hold some shares of Bajaj Auto which I had bought at 2520. Since it has and is dropping down because of the demerger announcement, do you suggest me to buy more shares and neutralize or dispose off at minimal loss. How would it perform on a longer run. ( probably post demerge ). Please advise.

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