Bajaj Electricals zooms on reporting over three fold jump in Q1 net profit

06 Aug 2015

Bajaj Electricals is currently trading at Rs 274.20, up by 13.00 points or 4.98% from its previous closing of Rs. 261.20 on the BSE.

The scrip opened at Rs. 266.70 and has touched a high and low of Rs. 279.80 and Rs. 264.90 respectively. So far 397541 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 309.95 on 19-Jun-2015 and a 52 week low of Rs. 191.00 on 01-Dec-2014.

Last one week high and low of the scrip stood at Rs. 279.80 and Rs. 255.20 respectively. The current market cap of the company is Rs. 2692.74 crore.

The promoters holding in the company stood at 63.03% while Institutions and Non-Institutions held 19.03% and 17.95% respectively.

Bajaj Electricals has reported over three fold jump in its net profit at Rs 20.34 crore for the quarter ended June 30, 2015 as compared to Rs 5.63 crore for the same quarter in the previous year. The company’s total income has increased by 13.97% to Rs 1014.21 crore for the quarter under review, from Rs 889.89 crore for the corresponding quarter of the previous year

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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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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