Apart from its inherent strength, Bajaj Electricals will also benefit from a strong industry tailwind.

Summary

Apart from cost control measures, Bajaj Electricals has increased its product prices by 12-15% in Q2 and expects to hike further in Q3. It’s benefiting from tailwinds from the booming consumer power sector, making it a favorite of analysts.

Bajaj Electricals continues to report solid numbers. For example, it was able to report annual revenue and net profit growth of 6% and 17%, respectively, during the second quarter of 2021-22. This growth isn’t just due to the base effect of weaker sales in 2020. Its revenue growth has been pegged at 9% CAGR as compared to Q2 of 2019. Although Bajaj Electricals is facing margin pressure due to buoyant metal prices, the management

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