Bajaj Electricals Ltd Share Price (BAJAJELEC)

Bajaj Electricals Focuses on Distribution and Growth Initiatives - 01 Dec, 2023

Bajaj Electricals is working on improving its distribution channels and product portfolio while anticipating muted growth in H2FY24. ICICI Securities maintains an Add rating with a target of Rs 1,140.

Bajaj Electricals Receives Income Tax Refund - 20 Nov, 2023

Following the Bombay High Court's order on demerger scheme, Bajaj Electricals Ltd has received an income tax refund of Rs 9.87 crore.

Bajaj Electricals Reports Weak Numbers - 18 Nov, 2023

Bajaj Electricals Ltd reported weak numbers with a sales decline of 3.5% and PAT decline of 37.2% YoY due to muted demand environment and margin contraction. The stock is downgraded to Hold from Buy with revised TP of Rs1,032.

Bajaj Electricals Reports Steep Decline in Q2 Net Profit - 07 Nov, 2023

Bajaj Electricals Ltd's consolidated net profit for Q2 FY23 declined by 56% YoY to Rs 27.28 crore, attributed to weak consumer demand.

Bajaj Electricals Reports Weak Q2 Earnings - 06 Nov, 2023

Bajaj Electricals Ltd reported a 56% decline in consolidated net profit for the September quarter, with net sales declining by 3.76%. The company has achieved stable performance amidst weak consumer demand sentiment.

Bajaj Electricals Receives Service Contract Worth Rs 347.29 Crore from Power Grid - 18 Oct, 2023

Bajaj Electricals Ltd's subsidiary, Bajel Projects Limited, received an order worth Rs 347.29 crore from Power Grid Corporation of India for a project in Rajasthan. The company also received another contract worth Rs 564.20 crore earlier this month.

Bajaj Electricals Receives Significant Order Worth Rs 564.2 Crore - 16 Oct, 2023

Bajaj Electricals Ltd. secures a contract worth Rs 564.2 crore from Power Grid Corporation of India for transmission line construction, leading to a nearly 9% surge in share prices.

Bajaj Electricals Bags Rs 564.2 Crore Order from Power Grid Corp - 13 Oct, 2023

Bajaj Electricals has won an order worth Rs 564.2 crore from Power Grid Corporation for new transmission lines in Andhra Pradesh. The scope of work includes a 400kV new transmission line for 83.1 km in Ananthapur and another 400kV transmission line for 183 km in Kurnool, to be completed within 21 months.

Prabhudas Lilladher predicts Bajaj Electricals to underperform - 12 Oct, 2023

According to Prabhudas Lilladher, Bajaj Electricals is likely to underperform while RR Kabel, KEI Industries, and Polycab are expected to outperform.

Bajaj Electricals Ltd to Face Weakness in Fans Segment - 10 Oct, 2023

Bajaj Electricals Ltd is expected to face the impact of a weak fans segment in Q2, along with seasonality factors affecting room air conditioners.

Bajaj Electricals Listed Peer of RR Kabel - 20 Sep, 2023

Bajaj Electricals Ltd is a listed peer of RR Kabel Limited in the Indian consumer electrical industry.

Bajaj Electricals Listed as Industry Peer in RR Kabel RHP - 13 Sep, 2023

Bajaj Electricals Ltd has been listed as one of the industry peers of RR Kabel Ltd in their RHP.

Bajaj Electricals Ltd: Consumer and Lighting Solutions Company - 11 Sep, 2023

Bajaj Electricals Limited operates in two segments, Consumer Products and Lighting Solutions. It manufactures and trades consumer durables products such as fans, domestic appliances, kitchen appliances, non-electrical kitchen aids, LED lighting products, and provides power transmission and distribution infrastructure.

Bajaj Electricals' Stock Declines, But ROE Remains Respectable - 06 Sep, 2023

Bajaj Electricals Ltd's stock has declined 5.8% over the past month. However, the company's ROE is 11%, which is respectable. The article discusses how ROE is important for shareholders and evaluates Bajaj Electricals' earnings growth and use of retained earnings.

Bajaj Electricals Receives Demand Notice from IT Department - 28 Aug, 2023

Bajaj Electricals Ltd received a demand notice of Rs 19.72 crore from the Income Tax Department for paying a reduced corporation tax rate under Section 115BAA of the IT Act.

Bajaj Electricals Reports Satisfactory Growth Despite Weak Demand - 24 Aug, 2023

Bajaj Electricals reports a 1% YoY decline in standalone revenue for Q1FY24 due to weak demand and macro challenges. However, JM Financial believes that the company's growth and margin performance were satisfactory considering various factors.

Bajaj Electricals' Debt Increases to ₹6.81b - 19 Aug, 2023

Bajaj Electricals' debt has increased to ₹6.81b, with liabilities outweighing cash and receivables by ₹6.61b. EBIT dropped by 5.3% in the last year, raising concerns about managing its debt load.

Bajaj Electricals Q1 Profit Down 9.8% - 11 Aug, 2023

Bajaj Electricals Ltd's Q1 profit decreased by 9.8% to Rs 37.13 crore, with revenues down by 1.5% to Rs 1,112.13 crore. ICICI Securities maintains an ADD rating and revised target price of INR 1,320.

Bajaj Electricals Reports Decline in Q1 Profit - 10 Aug, 2023

Bajaj Electricals Ltd's Q1 consolidated net profit declined by 13.6% YoY to Rs 37.13 crore due to intermittent unseasonal rains and inflationary pressures on consumer spending. The company's lighting solutions segment was particularly affected.

Bajaj Electricals Ltd RSI shows slight loss of upward momentum - 08 Aug, 2023

The Relative Strength Index (RSI) for Bajaj Electricals Ltd has shown a subtle loss of upward momentum, but remains in a stable range. Vigilant monitoring is required for further developments.