Hold Bajaj Electricals; target of Rs 941: Prabhudas Lilladher
Prabhudas Lilladher recommended hold rating on Bajaj Electricals with a target price of Rs 941 in its research report dated May 15, 2024.
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Prabhudas Lilladher recommended hold rating on Bajaj Electricals with a target price of Rs 941 in its research report dated May 15, 2024.
This is giving undue advantages to air cooling solutions players discounting the higher demands in Q1FY25 sales. Over the medium-term, demand outlook we expect a higher 2 digit sales growth can be reported due to warning headlines, said Prashanth Tapse, Mehta Equities Ltd.
Bajaj Electricals Ltd. key Products/Revenue Segments include Consumer Durables, Contract Revenue, Scrap and Other Operating Revenue for the year ending 31-Mar-2022.
Bajaj Electricals’ net sales declined 3.76% to ₹1,107.40 crore in the second quarter of the current fiscal as against ₹1,150.77 crore in the year-ago period
India Business News: Bajaj Electricals, an Indian consumer products company, reported a 56% decrease in second-quarter profit due to pricing pressures and weak demand caus