Bajaj Electricals is currently trading at Rs. 466.00, up by 19.20 points or 4.30% from its previous closing of Rs. 446.80 on the BSE.
The scrip opened at Rs. 455.00 and has touched a high and low of Rs. 482.20 and Rs. 455.00 respectively. So far 26,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 584.80 on 05-Jan-2018 and a 52 week low of Rs. 244.25 on 07-Feb-2017.
Last one week high and low of the scrip stood at Rs. 499.00 and Rs. 403.00 respectively. The current market cap of the company is Rs. 4,748.00 crore.
The promoters holding in the company stood at 63.03%, while Institutions and Non-Institutions held 14.65% and 22.32% respectively.
Bajaj Electricals’ Engineering & Project Business Unit has bagged a Power Distribution project worth $4,126,587.07, under Lusaka Transmission Distribution Rehabilitation Project (LTDRP) funded by World Bank & European Investment Bank. With the award of the above project, the company is getting entry in the African markets.
The award received from Zambia Electricity Supply Corporation (ZESCO) is for design, supply, erection, testing & commissioning of 132 KV Roma - Lusaka West Overhead Line on Monopoles (20 Kms) on turnkey basis.
Bajaj Electricals is an electrical equipments manufacturing company. It is engaged in the manufacturing of domestic appliances such as water heaters, mixers, food processors, microwave ovens, air coolers, steam & dry irons, etc.
