Bajaj Electricals share price climbed 13.38 per cent to hit a high of Rs 653.60 apiece on BSE earlier today. At 10.44 am, the scrip was still trading 8.62 per cent higher at Rs 626.70.
Stocks that share market analysts recommended: Stock brokerages have come out with research reports on select stocks namely Paytm, HDFC Life Insurance, Bajaj Electricals, Jindal Steel & Power. Here's what brokerages said about these counters.
Bajaj Electricals Q4 results: The consumer lighting sub-segment witnessed noticeable industry slowdown, which resulted in de-growth, Bajaj Electricals said.
Bosch may to outperform, as the stock has generated a breakout above long term supply line joining highs since 2015, signalling turnaround after a long period of underperformance
Bajaj Electricals Q2 results: For July-September period, total income stood at Rs 1,106.80 crore as
compared with Rs 1,605.77 crore in the previous year, registering a
decline of 31 per cent