Hey friends, heart sinking seeing Bajaj Electricals share price plunge to a 52-week low of ₹475-₹476? You're not alone—many investors feel that gut punch right now, wondering if it's time to buy the dip or dodge a bigger fall. This drop, down 44% from its ₹862 peak, stems from weak sales growth, falling profits, and the stock lagging behind Sensex gains amid a tough market. But hold on—is this a golden chance or just more pain? Let's break it down simply so you can decide with confidence.
Back in 1938, it kicked off as Radio Lamp Works, selling Italian radio lamps. War hit, so they built their own glass factory in 1940. By 1960, it became Bajaj Electricals, named after the legendary Bajaj family—founded by Jamnalal Bajaj, freedom fighter and Gandhi's close pal, then grown by sons Kamalnayan and Ramkrishna. Shekhar Bajaj took the chair in 1994, pushing fans, lights, appliances, and big projects like sea links. From humble lamps to household names like Morphy Richards tie-ups, it's a trust-built story over 85 years.
Why the Price Crash Now?
Blunt truth: Slow growth (-0.65% sales over 5 years), poor returns, and trading below all key averages spell bearish vibes. One-year loss? A whopping -39%! Sector peers shine brighter, but Bajaj's low debt (0.05 ratio) hints at solid bones under the hurt. Feels scary, right? Yet, dips like this birthed legends for patient folks.
Experts eye recovery. By 2026 end, targets hit ₹1,193-₹1,655 if markets turn. 2030? ₹4,962-₹6,879, riding appliance boom and innovations. Stretch to 2035-2040, bullish trends could push ₹10,000+ with strong execution—but watch earnings! These aren't guarantees; markets love surprises.
No comments:
Post a Comment
Blog kaisa laga, please likh kar bataye ♥️