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Bajaj Electricals Ltd (BAJAJELEC)

₹925.651.07%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Bajaj Electricals Ltd share Performance

  • ₹920.05
    ₹937
    ₹925.65
    downward going graph

    0.60%

    Low

    Day's Volatility:1.83%

    High

    1.23%

    downward going graph
  • ₹850.76
    ₹1,177.3
    ₹925.65
    downward going graph

    8.09%

    Low

    52 Weeks Volatility:35.28%

    High

    27.19%

    downward going graph
1 Month Return-1.93 %
3 Month Return-8.3 %
1 Year Return-19.79 %
Previous Close₹935.65
Open₹937.00
Volume38.63K
Upper Circuit-
Lower Circuit-
Market Cap₹10,778.32Cr

Analyst Rating

based on 16 analysts

BUY
62.50%
Buy
25.00%
Hold
12.50%
Sell

Based on 16 analysts offering long term price targets for Bajaj Electricals Ltd. An average target of ₹1119.06

Source: S&P Global Market Intelligence

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: ₹925.65 per share as on 16 May, 2024 04:01 PM
Market Capitalisation: ₹10,778.32Cr as of today
Revenue: ₹1,225.99Cr as on December 2023 (Q4 23)
Net Profit: ₹37.36Cr as on December 2023 (Q4 23)
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 Reports Mixed Q4 Results, Downgraded by Prabhudas Lilladher - 16 May, 2024

    Bajaj Electricals reported a YoY revenue growth of 25.05% but a profit decline of 43.49% in Q4. Prabhudas Lilladher has downgraded the company's earnings due to weak consumer demand and soft margins. The stock has delivered negative returns over the last week and six months.

  • Bajaj Electricals Approves Dividend Despite Decline in Sales and Profit - 15 May, 2024

    Despite a decline in net sales and profits, Bajaj Electricals has approved a dividend of Rs. 3 per share for FY2024.

  • Bajaj Electricals Reports Decline in Q4 Profit, Approves Borrowing Proposal - 14 May, 2024

    Bajaj Electricals' Q4 FY24 net profit dropped by 43.47% YoY, while revenue from operations fell by 8%. The company also approved a proposal to borrow funds up to Rs 500 crore through unsecured non-convertible debentures and/or commercial papers. Additionally, the board declared a dividend of Rs 3 per share for the financial year ending March 31, 2024.

  • Bajaj Electricals Releases Ad Films for Consumer Appliance Brand - 02 May, 2024

    Bajaj Electricals has released two ad films for its consumer appliance brand, aiming to inspire and empower consumers. The campaigns celebrate the spirit of determination and showcase how Bajaj products stand by their customers.

  • Bajaj Electricals Subsidiary Appoints New CEO, Receives Buy Recommendation - 30 Apr, 2024

    Bajaj Electricals subsidiary, Bajel Projects, appoints new MD & CEO. The company reported a standalone net profit of Rs 3.36 crore in Q3 FY24. A buy recommendation has been given for BAJEL with a strict stop loss at 245 mark for potential targets of 300 and above.

Fundamentals of Bajaj Electricals Ltd

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

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 1.12K Cr → 1.27K Cr (in ₹), with an average increase of 11.6% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 11.57% to 12.11% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 27.28 Cr → 37.36 Cr (in ₹), with an average increase of 27.0% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Symphony Ltd has given 11.4% return, outperforming this stock by 31.2%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, TTK Prestige Ltd has given 1.1% return, outperforming this stock by 17.7%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 year, BAJAJELEC stock has moved down by -19.8%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 62.85% to 62.80% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 14.62% to 14.41% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 10.40% to 10.16% in Mar 2024 quarter

Bajaj Electricals Ltd Valuation

Bajaj Electricals Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-520.68x)

June 5, 2020

Industry (-236.33x)

May 15, 2024

Today (84.80x)

May 15, 2024

Highest (386.35x)

February 25, 2020

LowHigh

Mutual Fund Holdings

Funds Holdings
HDFC Small Cap Fund-Direct Growth OptionHDFC Small Cap Fund-Direct Growth Option1.97%
Nippon India Small Cap Fund - Direct Plan - Growth PlanNippon India Small Cap Fund - Direct Plan - Growth Plan0.58%
ICICI Prudential Flexicap Fund Direct GrowthICICI Prudential Flexicap Fund Direct Growth0.95%
ICICI Prudential Multicap Fund Direct Plan GrowthICICI Prudential Multicap Fund Direct Plan Growth0.79%
ICICI Prudential Innovation Fund Direct GrowthICICI Prudential Innovation Fund Direct Growth0.97%

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M change
Promoter Holdings
62.8%
0.00
Foreign Institutions
10.16%
0.00
Mutual Funds
12.11%
0.00
Retail Investors
14.41%
0.00
Others
0.51%
0.00

Technicals of Bajaj Electricals Ltd share

News & Events of Bajaj Electricals Ltd

Frequently Asked Questions

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Bajaj Electricals Ltd (BAJAJELEC) share price today is ₹925.65

Bajaj Electricals Ltd is listed on NSE

Bajaj Electricals Ltd is listed on BSE

  • Today’s highest price of Bajaj Electricals Ltd is ₹937.
  • Today’s lowest price of Bajaj Electricals Ltd is ₹920.05.

PE Ratio of Bajaj Electricals Ltd is 84.8

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 38.63K.

Today’s market capitalisation of Bajaj Electricals Ltd(BAJAJELEC) is ₹10778.32Cr.

Bajaj Electricals Ltd(BAJAJELECPrice
52 Week High
₹1177.3
52 Week Low
₹850.76

Bajaj Electricals Ltd(BAJAJELEC) share price is ₹925.65. It is down -21.38% from its 52 Week High price of ₹1177.3

Bajaj Electricals Ltd(BAJAJELEC) share price is ₹925.65. It is up 8.80% from its 52 Week Low price of ₹850.76

Bajaj Electricals Ltd(BAJAJELECReturns
1 Day Returns
-10%
1 Month Returns
-1.93%
3 Month Returns
-8.3%
1 Year Returns
-19.79%