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22-Feb2019

Bajaj Electricals gains on the bourses

Bajaj Electricals is currently trading at Rs. 461.20, up by 2.55 points or 0.56 % from its previous closing of Rs. 458.65 on the BSE.

The scrip opened at Rs. 450.00 and has touched a high and low of Rs. 467.00 and Rs. 450.00 respectively. So far 7826 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 706.35 on 24-Apr-2018 and a 52 week low of Rs. 379.00 on 19-Feb-2019.

Last one week high and low of the scrip stood at Rs. 465.00 and Rs. 379.00 respectively. The current market cap of the company is Rs. 4756.97 crore.

The promoters holding in the company stood at 62.73 % while Institutions and Non-Institutions held 14.31 % and 22.96 % respectively.

Bajaj Electricals has allotted 1850 Zero Coupon Unsecured Listed Redeemable Non-Convertible Debentures (NCDs) of face value Rs 10 lakh each aggregating to Rs 185 crore, on February 21, 2019.

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.


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