Bajaj Electricals is currently trading at Rs 293.65, up by 9.50 points or 3.34% from its previous closing of Rs 284.15 on the BSE.
The scrip opened at Rs 296.30 and has touched a high and low of Rs 302.30 and Rs 291.90 respectively. So far 56294 shares were traded on the counter.
The BSE group 'B ' stock of face value Rs 2 has touched a 52 week high of Rs 384.80 on 28-May-2014 and a 52 week low of Rs 151.70 on 04-Sep-2013.
Last one week high and low of the scrip stood at Rs 301.65 and Rs 281.00 respectively. The current market cap of the company is Rs 2941.52 crore.
The promoters holding in the company stood at 65.90% while Institutions and Non-Institutions held 20.14% and 13.96% respectively.
Bajaj Electricals’ Engineering & Project Business Unit has bagged 4 new orders aggregating worth Rs 602.12 crore. Of total, the company has secured order for Transmission Lines worth Rs 26.05 crore and Rs 40.25 crore from Power Grid Corporation of India (PGCIL) & West Bengal State Electricity Transmission Company (WBSETC), respectively.
Moreover, the company also won Rural Electrification work worth Rs 314.87 crore and Rs 220.95 crore from North Bihar Power Distribution Companr & South Bihar Power Distribution Company, respectively.
Bajaj Electricals, part of the Rs 20,000 crore Bajaj Group, is engaged in business appliances, fans, lighting, luminaries and engineering and projects.
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