Netherlands based subsidiary of Bajaj Auto, known as the Bajaj Auto International Holdings have purchased 244000 shares of KTM power sports, an off-road bike manufacturer increasing its total stake in KTM to a total of 38.09 %.
This is a strategic move which will help both Bajaj and KTM in the long run as KTM is about to launch its off-road bike KTM Duke 125.
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