Bajaj Electricals Ltd. News and Updates

Name: Latest research reports of Bajaj Electricals Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Bajaj Electricals Ltd.
Rating: 1
Author: ICICI Securities Limited

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Bajaj Electricals Ltd.

11 Nov 2019

657.75

-1.51%

Bajaj Electricals

Sell: Bajaj Electricals Ltd.

Recommendation Target

ICICI Securities Limited

The CD division revenue growth at ~9% YoY was largely impacted by slower demand in Q2FY20. While the fan business increased 22% YoY, the appliances, lighting and Morphy Richards business grew albeit at a low pace of ~7%, ~2% and 2.2%, respectively. We believe the CD business is likely to grow at a CAGR of ~13% in FY19-21E led by dealer addition and market share gain in some of the leading categories like fan and water heater segments, going forward. On the EPC front, while illumination and lighting revenue grew ~11% YoY, the transmission line tower and power...

Bajaj Electricals Ltd. is trading below its 150 day SMA of 703.8

Bajaj Electricals Ltd.

08 Nov 2019

657.75

-1.51%

28 stocks hit 52-week lows on NSE

Economic Times

Among the stocks that touched their 52-week lows were Bajaj Electricals and Unichem Laboratories.

Number of FII/FPI investors decreased from 110 to 104 in Mar 2025 qtr

Bajaj Electricals Ltd.

07 Nov 2019

657.75

-1.51%

Bajaj Electricals hits over 2-year low, down 12% in two days on weak Q2 nos

Business Standard

The management said consumer products segment registered a moderate growth of 9 per cent YoY in the top line on account of an overall slowdown in the economy

Bajaj Electricals Ltd. has lost -31.03% in the last 1 Year

Bajaj Electricals posts consolidated net loss of 32.54 crore in Q2

Business Line | 06 Nov 2019 1 more

Bajaj Electricals Ltd.

13 Oct 2019

657.75

-1.51%

Bajaj Electricals moves in a sideways range

Business Line

A break above 440 will alter the downtrend and take the stock to 500 over the medium term

Number of FII/FPI investors decreased from 110 to 104 in Mar 2025 qtr

Bajaj Electricals Ltd.

24 Sep 2019

657.75

-1.51%

Bajaj Electricals to raise Rs 500 cr via qualified institutional placement

Business Standard

The company has appointed investment bankers Edelweiss and IIFL to handle the offering, which may be in the range of Rs 400-600 crore, said people in the know. The proceeds will be used to pare debt

Number of FII/FPI investors decreased from 110 to 104 in Mar 2025 qtr

Bajaj Electricals Ltd.

09 Aug 2019

657.75

-1.51%

Bajaj Electricals

Hold: Bajaj Electricals Ltd.

Target

ICICI Securities Limited

Though we are positive on BEL's CD business (with revenue CAGR of ~19% in FY19-21E) led by expansion in dealer network, lumpiness of EPC business would dent overall profitability of BEL with high debt level. We believe the poor performance of the EPC business and higher interest cost would overshadow the profitability of CD business. On an SOTP basis, we cut our multiples owing to flattish growth for the company and value BEL's CD segment at MCap of 1.1x FY21E sales (~55% discount to peers) and E&P; segment at 4x FY21E EV/EBITDA. We revise our rating downward from...

Bajaj Electricals Ltd. has gained 20.90% in the last 1 Month

Bajaj Electricals Ltd.

07 Aug 2019

657.75

-1.51%

Bajaj Electricals PAT down 66%

Business Line

Electrical goods maker Bajaj Electricals has reported a 65.8 per cent drop in its consolidated net profit at 13.70 crore for the quarter ended June 3

Bajaj Electricals Ltd. is trading below its 150 day SMA of 703.8

Bajaj Electricals Ltd.

29 May 2019

657.75

-1.51%

Bajaj Electricals Ltd: Consumer Segment Upholds Growth

Hold: Bajaj Electricals Ltd.

Recommendation Target

Karvy

Consumer Segment Upholds Growth: Bajaj posted a revenue growth of 10.4% YoY backed by a very strong growth of 15%in consumer products segment.

Bajaj Electricals Ltd. has an average target of 703.50 from 2 brokers.

Bajaj Electricals Ltd.

23 May 2019

657.75

-1.51%

Bajaj Electricals

Hold: Bajaj Electricals Ltd.

ICICI Securities Limited

BEL's CD business recorded revenue growth of ~15%, 23% in Q4FY19, FY19, respectively, due to low base and increased reach post completion of RREP. This is largely driven by strong performance in the appliances category that grew ~22%, 30% YoY in Q4FY19, FY19, respectively, followed by the fan business, which grew 19%, 26% YoY, respectively. We model CD segment revenue CAGR of 17% in FY19-21E vs. management guidance of ~24%. However, EPC segment revenue growth at 7%, 58% YoY in Q4FY19, FY19, respectively, was due to execution of large ECP project in UP. The EPC...