SUDARSHAN SAMPATHKUMAR
Bajaj Electricals exec chairman Shekhar Bajaj to become non-executive board member from January
Bajaj Electricals executive chairman Shekhar Bajaj will step down from his current role by the end of 2026 after leading the company for four decades. He will transition to a non-executive board position from January 1, 2027, subject to shareholder approval. The move is part of the company’s shift towards a professionally managed, board-led governance model, it said.
Buy Bajaj Electricals, target price Rs 815: JM Financial
JM Financial recommends buying Bajaj Electricals with a target price of Rs 815 within a year, up from its current Rs 717.35. The firm expects strong revenue visibility and margin expansion due to product expansion, R&D, and corporate restructuring. Bajaj Electricals reported a Q3 FY24 income of Rs 1302.51 Crore with a net profit of Rs 33.36 Crore.
I-Sec maintains Hold on Bajaj Electricals, lowers target price to Rs 760
ICICI Securities maintains a 'hold' rating on Bajaj Electricals with a target price of Rs 760, down from Rs 900. Bajaj Electricals, a Mid Cap company in the Consumer Durables sector, reported a consolidated total income of Rs 1302.51 crore for Q3 FY24, a 14.91% QoQ increase, with a net profit of Rs 33.36 crore.
Harvard, Wharton, Kellogg, Stanford, and INSEAD-France graduates eye India
Graduates from the elite Indian Institutes of Management (IIMs) may be the cat's whiskers in the job market but perhaps not for too much longer.
