Bajaj Electricals is currently trading at Rs. 230.35, up by 1.40 points or 0.61% from its previous closing of Rs. 228.95 on the BSE.
The scrip opened at Rs. 231.80 and has touched a high and low of Rs. 232.00 and Rs. 230.00 respectively. So far 20,000 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. 235.95 and Rs. 226.15 respectively. The current market cap of the company is Rs. 2,324.79 crore.
The promoters holding in the company stood at 63.64% while Institutions and Non-Institutions held 16.38% and 19.98% respectively.
Bajaj Electricals is mulling to acquire the manufacturing business of Shikohabad-based Hind Lamps(HLL). The board of directors of the company would meet on November 23, 2015, to consider a proposal to acquire manufacturing business of Hind Lamps.
Hind Lamps is engaged in the business of manufacturing of glass bulbs, HID bulbs and aluminium caps. Established in 1951, HLL has been declared a sick industrial company by the Board of Industrial and Financial Reconstruction (BIFR).
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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Bajaj Electricals | 936.95 |
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