ICICI Securities Ltd | Retail Equity Research Bajaj Electricals' (BEL) revenues at ~| 1029 crore were up ~7% YoY led by strong revenue growth in the E&P; division by 36% YoY owing to strong project execution. However, performance of consumer durable CD sales (includes revenue from lighting segment) fell ~14% YoY owing to de-stocking of inventory at the dealer level before the implementation of GST. As per the management, GST rollout coupled with completion of range and reach expansion plan (RREP)...