Bajaj Electricals rises on reporting net profit of Rs 29.31 crore in Q3

10 Feb 2016

Bajaj Electricals is currently trading at Rs. 180.15, up by 2.00 points or 1.12% from its previous closing of Rs. 178.15 on the BSE.

The scrip opened at Rs. 177.15 and has touched a high and low of Rs. 182.00 and Rs. 174.70 respectively. So far 177520 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. 171.45 on 18-Jan-2016.

Last one week high and low of the scrip stood at Rs. 182.15 and Rs. 172.00 respectively. The current market cap of the company is Rs. 1803.96 crore.

The promoters holding in the company stood at 63.61% while Institutions and Non-Institutions held 16.06% and 20.32% respectively.

The company has reported a net profit of Rs 29.31 crore for the quarter ended December 31, 2015 as compared to net loss of Rs 52.26 crore for the same quarter in the previous year. The company’s total income has increased by 10.81% to Rs 1151.53 crore for the quarter under review from Rs 1039.19 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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