Bajaj Electricals stock rises 1.47 percent as June profit rebounds

Published on 09/23/2026 at 12:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bajaj Electricals stock traded at INR 328.20 on September 23, 2026, up 1.47 percent. June PAT reached INR 48.38 crore and EBIT margin was 7.26 percent.

Bajaj Electricals, INE499A01024, Illustration mit AI erstellt.

Bajaj Electricals stock (ISIN INE499A01024) traded at INR 328.20 on the NSE on September 23, 2026, up 1.47 percent from INR 323.45. The move came as the latest June 2026 figures showed a return to profitability and a sharper operating margin.

June results show a rebound

According to Economic Times on September 23, 2026, Bajaj Electricals reported total income of INR 1,114.98 crore for June 2026, compared with INR 1,248.95 crore in March 2026 and INR 1,094.93 crore in June 2025. The sequential decline was accompanied by a clear earnings improvement.

EBIT reached INR 80.97 crore in June 2026, after a loss of INR 35.58 crore in March 2026. The EBIT margin was 7.26 percent in June 2026, compared with negative 2.85 percent in March 2026 and 1.81 percent in June 2025. That margin comparison is the most important operating signal behind the share-price reaction.

Profit and valuation remain split

Profit after tax was INR 48.38 crore in June 2026, versus a loss of INR 67.53 crore in March 2026 and profit of INR 0.91 crore in June 2025. Basic EPS consequently reached INR 4.19 in June 2026, compared with negative INR 5.85 in March 2026.

The annual backdrop is less favorable. For fiscal year 2026, revenue from operations fell 7.6 percent year over year to INR 4,462 crore, while the company reported a net loss of INR 90.86 crore against net profit of INR 133.42 crore in fiscal year 2025, according to Tickertape on September 22, 2026. The June numbers therefore indicate an earnings recovery from a weak annual base, rather than a fully established trend.

Stock stays below yearly high

At INR 328.20 on September 23, 2026, the shares remained below the 52-week high of INR 653.80 and above the 52-week low of INR 301.00. Trading volume was 33,814 shares, while market capitalization stood at INR 3,784.31 crore on the same date.

Moneycontrol reported on September 23, 2026, that ICICI Securities maintained a Hold recommendation with a target price of INR 385. The target is INR 56.80, or 17.3 percent, above the September 23 market price, while the June margin recovery provides the principal operational support for that valuation view.

INR 328.20 on the NSE

Bajaj Electricals stock traded at INR 328.20 on the NSE as of September 23, 2026, with a daily gain of 1.47 percent from the prior close of INR 323.45. The combination of a 7.26 percent June EBIT margin and INR 48.38 crore June PAT contrasts with the fiscal year 2026 loss of INR 90.86 crore.