Bajaj Electricals Ltd. News and Updates

Name: Latest research reports of Bajaj Electricals Ltd. authored by Emkay and published by - Trendlyne research reports.
Item: Bajaj Electricals Ltd.
Rating: 5
Author: Emkay

Keep track of all breaking news on Bajaj Electricals Ltd. from all sources in a single place.

Load latest

Bajaj Electricals Ltd.

02 Nov 2018

662.20

-0.85%

2Q net profit jumped 80% YoY supported by consumer/contracting revenue growth of 25/127%....

Buy: Bajaj Electricals Ltd.

Target

Emkay

BJE's consumer business sales volume increased 25% YoY in 2QFY19. We are confident about 20% revenue growth for next 2 years as the new distribution model is stabilizing quickly. Please refer to Chart 1.0 on Page 3 for consumer business quarterly growth trajectory. The recently acquired Nirlep will add revenue of Rs500m in 2H. The margin in consumer business declined slightly in 2Q due to high RM costs. However this will reverse as...

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

Bajaj Electricals Ltd.

02 Nov 2018

662.20

-0.85%

Bajaj Electricals

Hold: Bajaj Electricals Ltd.

Target

ICICI Securities Limited

Revenues came in at | 1598.4 crore, up by 71% YoY (vs. I-direct estimate: ~| 1107.7 crore) during Q2FY19 aided by 126.9% growth in the engineering & project segment led by fast execution of EPC orders from UP. Sales from consumer durables (CD) business witnessed growth of 24.9% supported by strong pre-festive demand. Within the consumer durable segment, lighting, appliances & fan witnessed growth of 17.4%, 30.5% & 35%, respectively Operating profit margins increased 40 bps YoY to 5.0%. Segment...

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

Bajaj Electricals Ltd.

04 Sep 2018

662.20

-0.85%

We met with the top management of BJE for the general business updates. Reiterate BUY wit...

Buy: Bajaj Electricals Ltd.

Emkay

The management said that both business are performing as per expectations with consumer business taking lead in revenue/earnings growth. BJE has completed implementation of new distribution model in 90% of its territories and now covers 170k retailers. This would rise to 200k by Mar-19. We forecast overall recurring earnings to rise at 27% CAGR FY18-20E. Stock is available...

Bajaj Electricals Ltd. is trading below its 150 day SMA of 702.1

Bajaj Electricals Ltd.

17 Aug 2018

662.20

-0.85%

Bajaj Electricals Ltd: Consumer Products Segment Back in The...

Buy: Bajaj Electricals Ltd.

Karvy

Consumer Products Segment Back in The Game.....The consumer durable business was leading from the front by growing at 27.1% YoY with volumes kicking in and growing by 35%. For Q1FY19, the company has achieved sales of Rs. 11399 mn showing a growth of 10.7% YoY.

Bajaj Electricals Ltd. has lost -30.57% in the last 1 Year

Bajaj Electricals Ltd.

13 Aug 2018

662.20

-0.85%

Anant Bajaj, MD, Bajaj Electricals passes away; stock dips 7.5%

Business Standard

Bajaj, aged 41, was the only son of company chairman Shekhar Bajaj, took over as MD in June.

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

Scion Anant Bajaj's sudden death plunges Bajaj Electricals into a leadership crisis

Business Line | 12 Aug 2018

Bajaj Electricals Ltd.

11 Aug 2018

662.20

-0.85%

Anant Bajaj, MD of Bajaj Electricals, dies at 41

livemint

Anant Bajaj was appointed on the Board of Bajaj Electricals in February 2006

Bajaj Electricals Ltd. has lost -30.57% in the last 1 Year

Remembering Anant Bajaj: Man with futuristic ideas, ability to take tough decisions

Business Today | 11 Aug 2018 3 more

Bajaj Electricals Ltd.

10 Aug 2018

662.20

-0.85%

Rural markets are seeing an uptick in demand, says Bajaj Electricals CMD

Business Standard

From about 10% now in terms of manufacturing in-house, we would like to take the figure to about 25-30% in the next three years, says chairman and managing director of Bajaj Electricals, Shekhar Bajaj

Bajaj Electricals Ltd. has lost -30.57% in the last 1 Year

Bajaj Electricals Ltd.

10 Aug 2018

662.20

-0.85%

Bajaj Electricals

Hold: Bajaj Electricals Ltd.

Recommendation

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Bajaj Electricals' (BEL) revenues at ~| 1140 crore were up ~12% YoY led by the CD segment revenue growth of ~27% YoY led by ~35% YoY growth (~25% excluding one time GST related impact on base quarter) in volume largely on a low base and a change in product mix. On the other hand, a muted performance in the EPC segment was largely due to slow execution of new projects. The company posted a strong EBITDA margin owing to higher operating leverage...

Bajaj Electricals Ltd. has gained 21.72% in the last 1 Month

Bajaj Electricals Ltd.

15 Jun 2018

662.20

-0.85%

Bajaj Electricals to acquire cookware brand Nirlep Appliances

livemint

Bajaj Electricals says the proposed acquisition will provide portfolio of products that complements with the offerings and is a perfect synergic blend