The Economic Times daily newspaper is available online now.

    Accumulate Bajaj Electricals, target price Rs 1,091: Prabhudas Lilladher

    Synopsis

    For the quarter ended 31-03-2022, the company has reported a Consolidated Total Income of Rs 1355.34 Crore, up 1.34 % from last quarter Total Income of Rs 1337.45 Crore and up 5.13 % from last year same quarter Total Income of Rs 1289.20 Crore. Company has reported net profit after tax of Rs 38.67 Crore in latest quarter.

    Bajaj ElectricalsiStock
    Prabhudas Lilladher has accumulate call on Bajaj Electricals Ltd. with a target price of Rs 1091.0. The current market price of Bajaj Electricals Ltd. is Rs 949.7 Time period given by analyst is year when Bajaj Electricals Ltd. price can reach defined target.

    Bajaj Electricals Ltd., incorporated in the year 1938, is a Mid Cap company (having a market cap of Rs 10873.41 Crore) operating in Consumer Durables sector.

    Bajaj Electricals Ltd. key Products/Revenue Segments include Consumer Durables, Contract Revenue and Other Operating Revenue for the year ending 31-Mar-2021.

    Financials
    For the quarter ended 31-03-2022, the company has reported a Consolidated Total Income of Rs 1355.34 Crore, up 1.34 % from last quarter Total Income of Rs 1337.45 Crore and up 5.13 % from last year same quarter Total Income of Rs 1289.20 Crore. Company has reported net profit after tax of Rs 38.67 Crore in latest quarter.

    Promoter/FII Holdings
    Promoters held 62.98 per cent stake in the company as of 31-Mar-2022, while FIIs owned 10.64 per cent, DIIs 12.05 per cent.



    (Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.
    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more


    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
    The Economic Times

    Stories you might be interested in