NSE: BAJAJELEC | BSE: 500031

Falling Comet

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545.05 -9.90 (-1.78%)

High vol. this week

NSE 30 Sep, 2025 3:31 PM (IST)

6,288.2

Market Cap

Above industry Median

1.2

Beta 1Year

High Volatility

Bajaj Electricals Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for BAJAJELEC, BSE:500031 Bajaj Electricals Ltd.

Bajaj Electricals Ltd.

09 Feb 2018

545.05

-1.78%

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...

Bajaj Electricals Ltd. is trading below all available SMAs

Bajaj Electricals Ltd.

26 Dec 2017

545.05

-1.78%

Bajaj Electricals

Buy: Bajaj Electricals Ltd.

Recommendation Target

ICICI Securities Limited

Bajaj Electricals (BEL), a well-known brand in the consumer durable (CD) segment, witnessed a muted performance in the last three years. This was led by various company and macro level developments such as elimination of wholesale chain (through RREP model), demonetisation and implementation of GST. However, we believe a) completion of RREP coupled with implementation of GST (to favour organised players) by Q4FY18 and b) given lower penetration and rising income of the Indian middle class and rural household (owing to good monsoon), would help...

Bajaj Electricals Ltd. has lost -20.44% in the last 3 Months

Bajaj Electricals Ltd.

21 Nov 2017

545.05

-1.78%

Bajaj Electricals Ltd : Consumer Business to Lead the Growth (Nov 21, 2017)

Buy: Bajaj Electricals Ltd.

Target

Karvy

Consumer Business to Lead the Growth: The revenues were flat at Rs.19650 Mn YoY. The consumer segment has fallen by 11.7% and EPC segment has grown by 15.3% in H1FY18. The absolute EBITDA has fallen by 11.5% to reach Rs.900 Mn with EBITDA margins at 4.6% falling over 59bps in H1FY18.

Bajaj Electricals Ltd. has lost -44.46% in the last 1 Year

Bajaj Electricals Ltd.

10 Nov 2017

545.05

-1.78%

Bajaj Electricals

Hold: Bajaj Electricals Ltd.

Recommendation

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Bajaj Electricals' (BEL) revenues at ~| 936 crore, were down by ~6% YoY led by lower sales from both consumer durable (CD) and E&P; division. Inability to increase the price (despite higher GST rate) and slow execution of orders during transition of GST impacted the sales during Q2FY18. 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, going forward...

Bajaj Electricals Ltd. average weekly volume is high.

Bajaj Electricals Ltd.

30 Oct 2017, 12:00AM

545.05

-1.78%

High Conviction Ideas:30 NOV 2017

Buy: Bajaj Electricals Ltd.

Axis Direct

Bajaj Electricals (BE ) is a strong national brand in the kitchen, domestic appliance s and lighting segments (54% of revenue); Revival in Engineering and Projects business to improve margins

Bajaj Electricals Ltd. average weekly volume is high.

Bajaj Electricals Ltd.

22 Aug 2017

545.05

-1.78%

Bajaj Electricals Ltd: EPC Segment has Driven the Growth (Aug 22, 2017)

Buy: Bajaj Electricals Ltd.

Recommendation Target

Karvy

Revenue has seen a growth of 7.3%: Net Sales for Q1FY18 increased by7.3% to Rs.10294 Mn as against Rs.9594 Mn in the corresponding quarter of the previous year. As per management, sales could have been higher, but for GST rollout in the month of July 2017, Range Reach Expansion Programme (RREP) which they are carrying as a measure to change their supply distribution channel the revenue managed to just YoY growth of 7.3%.

Bajaj Electricals Ltd. average weekly volume is high.

Bajaj Electricals Ltd.

03 Aug 2017

545.05

-1.78%

Bajaj Electricals

Buy: Bajaj Electricals Ltd.

Recommendation

ICICI Securities Limited

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)...

Bajaj Electricals Ltd. average weekly volume is high.

Bajaj Electricals Ltd.

30 May 2017, 12:00AM

545.05

-1.78%

Bajaj Electricals

Hold: Bajaj Electricals Ltd.

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Bajaj Electricals' (BEL) revenues at ~| 1278 crore were down ~6% YoY led by a lacklustre performance in the consumer durable (CD) segment. CD sales (includes revenue from lighting segment) fell ~15% YoY owing to a decline in revenue from the lighting segment (owing to decline in sales of traditional lighting product). Revenue...

Number of FII/FPI investors increased from 104 to 113 in Jun 2025 qtr.

Bajaj Electricals Ltd.

10 Feb 2017

545.05

-1.78%

Bajaj Electricals

Hold: Bajaj Electricals Ltd.

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Bajaj Electricals' (BEL) revenues at ~| 1055 crore were down ~7% YoY led by a lacklustre performance in consumer durable (CD) segment. CD sales (includes revenue from lighting segment) fell ~15% YoY owing to ~30% YoY decline in revenue from lighting segment. There was a sharp dip in sales of lighting segment mainly due to a sharp dip in sales of traditional lighting products and absence of any government orders. Sales from the project business...

Bajaj Electricals Ltd. average weekly volume is high.

Bajaj Electricals Ltd.

30 Nov 2016, 12:00AM

545.05

-1.78%

Bajaj Electricals Ltd: Consumer Durables and EPC Segments Se... (Nov 30, 2016)

Hold: Bajaj Electricals Ltd.

Target

Karvy

Consumer Durables and EPC Segments Seen YoY De-Growth in Q2: Revenue took a drag of 10.4%: Net Sales/Income from Operations for Q2FY17 decreased by 10.4% to Rs.10058 Mn as against Rs.11221 Mn in the corresponding quarter of the previous year. The sales were declined due to de-growth in consumer durable and EPC segments by 5.5%/16.0% respectively.

Bajaj Electricals Ltd. has lost -20.44% in the last 3 Months

Is Bajaj Electricals Ltd. worth buying?

115 Votes:

Buy 74.78%

Sell 20.0%

Hold 5.22%

RESEARCH REPORTS

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