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.
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Author: ICICI Securities Limited

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Bajaj Electricals Ltd.

01 Jun 2018

664.00

0.23%

Bajaj Electricals

Buy: Bajaj Electricals Ltd.

Target

ICICI Securities Limited

Bajaj Electricals' (BEL) revenues at ~| 1606 crore, were up ~27% YoY led by the E&P; segment revenue growth of ~44% YoY due to a pick-up in execution of projects. On the other hand, GST adjusted revenue growth in the consumer durable (CD) was at ~15% YoY (vs reported growth of ~6% YoY) led by the same quantum of volume growth. As per the management, GST rollout coupled with completion of range and reach expansion plan (RREP) in FY18, would improve the performance of CD sales (by ~15-20%), going forward....

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

Bajaj Electricals Ltd.

24 May 2018

664.00

0.23%

Bajaj Electricals Ltd: EPC Segment to be the Next Phase of G...

Buy: Bajaj Electricals Ltd.

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Karvy

EPC Segment to be the Next Phase of Growth: The completion of RREP (Rural Reach Expansion Program) model for consumer durables segment has made the segment to grow by 5.5% YoY. The major revenue growth driver was EPC business showing a strong growth of 44.1% YoY.

Bajaj Electricals Ltd. is trading above its 100 day SMA of 638.4

Bajaj Electricals Ltd.

23 May 2018

664.00

0.23%

Bajaj Electricals: Execution of big orders remains a key risk, say analysts

Business Line

But fundamentals still strong

Bajaj Electricals Ltd. has gained 18.41% in the last 1 Month

Bajaj Electricals Ltd.

23 May 2018, 12:00AM

664.00

0.23%

Bajaj Electric

Sell: Bajaj Electricals Ltd.

JM Financial

Modest consumer performance; EPC springs a surprise Bajaj Electricals (BEL)'s adjusted net profit grew 126% YoY in 4QFY18 on the back of EPC (revenue/EBIT grew 44%/110%). On the other hand, Consumer Products revenue grew 15% YoY (like to like basis), in line with JMFe. Aggressive bidding in recent past (after a lull in FY15-17) led to massive new orders in EPC in 4QFY18 (Orderbook of INR 90bn vs INR 31bn in Jan'18), executable over next 18-20 months. The management guides for INR 35-40bn revenue with c.8% EBIT margins in EPC segment while maintained 15% revenue growth and 6-7% EBIT margin guidance in Consumer Products. We continue to remain cautious on the...

Bajaj Electricals Ltd. is trading below its 150 day SMA of 700.5

Bajaj Electricals Ltd.

17 Apr 2018

664.00

0.23%

Bajaj Electricals hits 52-week high on Rs 3,578-cr order win

Business Line

Shares of Bajaj Electricals surged as much as 7 per cent as the company has bagged orders worth Rs 3,577.93 crore from Madhyanchal Vidyut Vitaran Ni

Bajaj Electricals Ltd. has lost -28.74% in the last 1 Year

Bajaj Electricals shares surge 7% on order win of Rs 35.78 billion in UP

Business Standard | 17 Apr 2018

Bajaj Electricals Ltd.

12 Apr 2018

664.00

0.23%

Bajaj Electricals

Buy: Bajaj Electricals Ltd.

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ICICI Securities Limited

Bajaj Electricals' (BEL) engineering, procurement & construction (EPC) division has seen a revival in performance post FY15 supported by new high margin orders. Also, BEL has bagged orders worth | 2389 crore from Purvanchal Vidyut Vitaran Nigam, UP under the Saubhagya Yojana (government's flagship rural electrification programme). This is in addition to BEL's outstanding order book of | 3000 crore (as on Q3FY18) that will be executed in 15 months. Considering the government's thrust on infrastructure development with aggressive allocation to the infrastructure...

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

Bajaj Electricals Ltd.

11 Apr 2018

664.00

0.23%

Bajaj Electricals wins Rs 23.8-bn order from Purvanchal Vidyut Vitran Nigam

Business Standard

The project will be undertaken in PuWNL zones in Varanasi, Fatehpur, Azamgarh, Jaunpur, Pratapgarh and Mau and Ballia in Uttar Pradesh

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

Bajaj Electricals Ltd.

13 Mar 2018

664.00

0.23%

Bajaj Electricals hits record high; zooms 111% in one year

Business Standard

The stock hit a record high of Rs 624, up 8.6% on the BSE in noon deal, surpassed its previous high of Rs 585 recorded on January 5, 2018 in intra-day trade

Bajaj Electricals Ltd. is trading below its 150 day SMA of 700.5

Bajaj Electricals Ltd.

13 Feb 2018

664.00

0.23%

Bajaj Electricals Ltd: Bajaj Continues to Strengthen on RREP... (Feb 13, 2018)

Buy: Bajaj Electricals Ltd.

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Karvy

Bajaj Continues to Strengthen on RREP Model: BEL has posted a very good set of numbers for Q3FY18 by growing at 8.5% YoY. With the consumer products segment recovery, Bajaj is set to have a turnaroundstory. Approximately 80-85% of supply chain distribution is covered under RREP model. Successful implementation of the RREP is benefitting the growth in volumes of the consumer products.

Bajaj Electricals Ltd. is trading above its 100 day SMA of 638.4

Bajaj Electricals Ltd.

09 Feb 2018

664.00

0.23%

Bajaj Electricals

Buy: Bajaj Electricals Ltd.

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Bajaj Electricals' (BEL) revenues at ~| 1145 crore, were up ~9% YoY led by the E&P; segment. Sales growth (not adjusted with GST) in the E&P; segment was higher at ~17% YoY, supported by a pick-up in execution of projects. However, despite 12% volume growth in Q3FY18 under the consumer durable (CD) category, sales grew at muted rate of ~2% YoY owing to inability of taking price hike. As per the management, GST rollout coupled with completion of range and...