Bajaj Hindusthan shares jumped on Tuesday after the company announced that the foreign currency convertible Bonds (FCCBs) aggregating to USD 15 million issued by the company to International Finance Corporation (IFC), Washington, the company has made repayment of an aggregate amount of USD 17.723 million, including the redemption premium of USD 2.723 million on the due date (June 16, 2014) in accordance with the terms and conditions of the said FCCBs.

With the aforesaid repayment, entire outstanding FCCBs held by IFC, Washington stands redeemed on maturity.

Shares of the company are trading at Rs 31.80, up Rs 2.3, or 7.80% at the Bombay Stock Exchange (BSE) on Tuesday at 9:48 a.m.

The scrip has touched an intra-day high of Rs 32.45 and low of Rs 31.40. The total volume of shares traded at the BSE is 1,877,179.