Bajaj Electricals slips on reporting 11% fall in Q2 net profit

11 Nov 2016

Bajaj Electricals is currently trading at Rs 224.05, down by 6.80 points or 2.95% from its previous closing of Rs. 230.85 on the BSE.

The scrip opened at Rs. 230.00 and has touched a high and low of Rs. 231.55 and Rs. 223.80 respectively. So far 30272 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 280.00 on 10-Aug-2016 and a 52 week low of Rs. 155.35 on 29-Feb-2016.

Last one week high and low of the scrip stood at Rs. 253.95 and Rs. 220.35 respectively. The current market cap of the company is Rs. 2275.98 crore.

The promoters holding in the company stood at 63.53%, while Institutions and Non-Institutions held 15.58% and 20.90% respectively.

Bajaj Electricals has reported 10.77% fall in its net profit at Rs 16.66 crore for the quarter ended September 30, 2016, as compared to Rs 18.67 crore for the same quarter in the previous year. Total income of the company decreased by 10.68% at Rs 1013.43 crore for the quarter under review as compared Rs 1134.56 crore for the corresponding quarter 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.

 

Related Bajaj Electricals Ltd. Links:

Bajaj Electricals Share Price

1039.00 -20.40 (-1.93%) Mar 05, 16:15
1 Year Price Chart
Peers
Company Name CMP
Whirlpool Of India 2418.95
Bajaj Electricals 1039.00
Crompt.Greaves Cons. 404.35
IFB Industries 1164.15
Orient Electric 276.55
View more..
Sensex vs Bajaj Electricals
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback