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Bajaj Electricals Ltd (BAJAJELEC)

₹994.550.16%

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Overview
News
Financials
Q1 2024 Results
Technicals

Analyst Rating

based on 17 analysts

BUY

52.94%

Buy

41.18%

Hold

5.88%

Sell

Based on 17 analysts offering long term price targets for Bajaj Electricals Ltd. An average target of ₹1063.88

Source: S&P Global Market Intelligence

Bajaj Electricals Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹971.3
    ₹1,012.05
  • 52 Week's Low

    52 Week's High

    ₹820.15
    ₹1,152.65
1 Month Return-6.8 %
3 Month Return+ 4.4 %
1 Year Return-8.86 %
Previous Close₹992.95
Open₹980.05
Volume46.55K
Upper Circuit-
Lower Circuit-
Market Cap₹11,442.06Cr

Key Statistics

P/E Ratio89.99
PEG Ratio-15.41
Market Cap₹11,442.06 Cr
P/B Ratio7.24
EPS11.38

Mutual Fund Holdings

Funds HoldingsPrev. 6M
HDFC Small Cap Fund-Direct Growth OptionHDFC Small Cap Fund-Direct Growth Option2.11%
Nippon India Small Cap Fund - Direct Plan - Growth PlanNippon India Small Cap Fund - Direct Plan - Growth Plan0.57%
ICICI Prudential Flexicap Fund Direct GrowthICICI Prudential Flexicap Fund Direct Growth0.91%
HDFC ELSS TaxSaver -Direct Plan - Growth OptionHDFC ELSS TaxSaver -Direct Plan - Growth Option0.88%
HDFC Manufacturing Fund Direct GrowthHDFC Manufacturing Fund Direct Growth0.95%

Company Information

Bajaj Electricals Ltd is one of India's leading consumer electrical companies, incorporated in 1938. Bajaj Electricals Ltd provides a wide range of consumer products, ranging from lighting and luminaires, to fans, water heaters, kitchen appliances and other electrical products. It also provides engineering, procurement and construction services for power projects.

The company's popular brands include Morphy Richards, Nirlep, and Bajaj. Its top products include ceiling fans, CFLs, LED lighting, home appliances, and water heaters.

Share Price: ₹994.55 per share as on 22 Jul, 2024 04:01 PM
Market Capitalisation: ₹11,442.06Cr as of today
Revenue: ₹1,180.98Cr as on March 2024 (Q1 24)
Net Profit: ₹29.31Cr as on March 2024 (Q1 24)
Listing date: 02 Nov, 2007
Chairperson Name: Shekhar Bajaj
OrganisationBajaj Electricals Ltd
HeadquartersMumbai
IndustryConsumer Durables
E-voting on sharesClick here to vote

Key events for Bajaj Electricals Ltd

  • Bajaj Electricals' MD & CEO Resigns - 18 Jul, 2024

    Bajaj Electricals' Managing Director and CEO, Anuj Poddar, has resigned from his position to pursue an external opportunity. The news caused a nearly 6% drop in the company's shares. During the transition period following Poddar's departure, Shekhar Bajaj, Chairman of Bajaj Electricals, will assume his responsibilities.

  • Bajaj Electricals' MD & CEO Resigns - 17 Jul, 2024

    Anuj Poddar has resigned from his position as Managing Director and Chief Executive Officer of Bajaj Electricals Limited with effect from September 30, 2024, to pursue an external opportunity. During the transition period, Shekhar Bajaj, Chairman, will take over his responsibilities.

  • Bajaj Electricals Appoints Vishal Chadha as COO of Consumer Products Division - 14 Jul, 2024

    Bajaj Electricals has appointed Vishal Chadha, with 28 years of experience across organizations like Nokia and Snapdeal, as the Chief Operating Officer of its Consumer Products Division. Chadha's functional experience is a mix of sales, category management, and marketing.

  • HDFC Securities Gives Buy Call on Bajaj Electricals with Target Price of Rs 1200 - 12 Jul, 2024

    Bajaj Electricals Ltd. received a buy call from HDFC Securities with a target price of Rs 1200. The company reported a consolidated total income of Rs 1210.54 crore for the quarter ended March 31, 2024, and net profit after tax of Rs 29.31 crore.

  • Bajaj Electricals Shareholders See Increase in Holdings Value - 05 Jul, 2024

    Despite a 28% gain in the past month, Bajaj Electricals' stock is still down 9.8% from last year. Revenue has fallen 15%, while private companies and institutions have seen an increase in their holdings value.

  • JM Financial Gives Buy Call on Bajaj Electricals with Target Price of Rs 1300 - 02 Jul, 2024

    Bajaj Electricals reported a consolidated total income of Rs 1210.54 crore for Q4-2024, down -4.75% from the previous quarter and -20.47% YoY. The company's net profit after tax was Rs 29.31 crore in the latest quarter. Promoters held 62.8% stake in the company as of March 31, 2024, while FIIs owned 10.18%, DIIs 12.61%. JM Financial has given a buy call on the stock with a target price of Rs 1300.

  • Bajaj Electricals Positioned for Continued Growth in FMEG Sector - 19 Jun, 2024

    Bajaj Electricals has shown impressive growth, with a net cash position and significant potential for continued expansion. The company's strategic realignment and market positioning make it a compelling investment opportunity.

Insights on Bajaj Electricals Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 12.11% to 14.58% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 14.41% to 14.53% in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Whirlpool of India Ltd has given 39.5% return, outperforming this stock by 48.3%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Symphony Ltd has given 0.7% return, outperforming this stock by 7.7%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 37.36 Cr → 29.31 Cr (in ₹), with an average decrease of 21.6% per quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 10.16% to 7.92% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 62.80% to 62.78% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, BAJAJELEC stock has moved down by -6.8%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 1.27K Cr → 1.21K Cr (in ₹), with an average decrease of 4.8% per quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹1,180.98Cr
↓3.67%
Net Income
₹29.31Cr
↓21.55%
Net Profit Margin
2.48%
↓18.69%
2024Y/Y Change
Revenue
₹4,641.27Cr
↓5.07%
Net Income
₹131.08Cr
↓39.37%
Net Profit Margin
2.82%
↓36.20%
Value in ₹ crore
2024Y/Y Change
Total Assets
₹3,894.14Cr
↓23.05%
Total Liabilities
₹2,452.92Cr
↓22.20%
Value in ₹ crore
2024Y/Y Change
Operating Cash Flow
₹353.79Cr
↓21.27%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
62.78%
-0.03
Foreign Institutions
7.92%
-22.10
Mutual Funds
14.58%
20.40
Retail Investors
14.53%
0.84
Others
0.19%
-63.41

Key Indicators

Bajaj Electricals Ltd Valuation

Bajaj Electricals Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-520.68x)

June 5, 2020

Industry (-346.39x)

July 19, 2024

Today (89.99x)

July 19, 2024

Highest (386.35x)

February 25, 2020

LowHigh

Earnings and Dividends

  • Bajaj Electricals Ltd Earnings Results

    Bajaj Electricals Ltd’s net profit fell -43.61% since last year same period to ₹29.31Cr in the Q4 2023-2024. On a quarterly growth basis, Bajaj Electricals Ltd has generated -21.55% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Bajaj Electricals Ltd Dividends May,2024

    In the quarter ending March 2024, Bajaj Electricals Ltd has declared dividend of ₹3 - translating a dividend yield of 0.70%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bearish

Bajaj Electricals Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Bajaj Electricals Ltd (BAJAJELEC) share price today is ₹994.55

Bajaj Electricals Ltd is listed on NSE

Bajaj Electricals Ltd is listed on BSE

  • Today’s highest price of Bajaj Electricals Ltd is ₹1012.05.
  • Today’s lowest price of Bajaj Electricals Ltd is ₹971.3.

PE Ratio of Bajaj Electricals Ltd is 89.99

PE ratio = Bajaj Electricals Ltd Market price per share / Bajaj Electricals Ltd Earnings per share

Today’s traded volume of Bajaj Electricals Ltd(BAJAJELEC) is 46.55K.

Today’s market capitalisation of Bajaj Electricals Ltd(BAJAJELEC) is ₹11442.06Cr.

Bajaj Electricals Ltd(BAJAJELECPrice
52 Week High
₹1152.65
52 Week Low
₹820.15

Bajaj Electricals Ltd(BAJAJELEC) share price is ₹994.55. It is down -13.72% from its 52 Week High price of ₹1152.65

Bajaj Electricals Ltd(BAJAJELEC) share price is ₹994.55. It is up 21.26% from its 52 Week Low price of ₹820.15

Bajaj Electricals Ltd(BAJAJELECReturns
1 Day Returns
1.6%
1 Month Returns
-6.8%
3 Month Returns
4.4%
1 Year Returns
-8.86%