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Bajaj Electricals (BAJAJELEC)

Consumer Products · NSE · end-of-day 2026-10-19
Close
₹296.35
Day change
-1.64%
1-year
-44.9%
From 52-week high
-45.9%
Weinstein stage
Stage 4
Minervini template
0/8
Bajaj Electricals closed at ₹296.35 on 2026-10-19, down 45% over the past year, 46% below its 52-week high. It meets 0 of 8 conditions of Minervini's trend template; Weinstein's stage analysis reads stage 4 - declining; on earnings, it passes 3 of 5 SEPA checks. Over the year its annualised volatility was about 31%, with a largest fall of 47% from a peak.

About Bajaj Electricals

Bajaj Electricals Limited manufactures and markets consumer electrical products and appliances, while also participating in engineering and infrastructure-related electrical solutions. Its consumer portfolio includes lighting, fans, appliances, and other electrical products distributed through retail and digital channels. The company benefits from India's growing household consumption and increasing electrification and appliance penetration. Premiumization and product innovation can support expansion across consumer categories. Consumer demand, commodity prices, distribution costs, inventory management, and competition remain important business factors.

Price, RSI and MACD

Price · -25.4% over the period
280327374421469Apr 26May 26Jun 26Jul 26Aug 26Sep 26Oct 26
RSI (14) · 35.9
305070
MACD (12, 26, 9) · histogram +0.71
-22.8-13.6-4.44.814
Price · -45.4% over the period
271360448537625Oct 25Dec 25Feb 26Apr 26Jun 26Aug 26Oct 26
RSI (14) · 35.9
305070
MACD (12, 26, 9) · histogram +0.71
-27.1-16.7-6.4414.3
Price · -68.1% over the period
2494426358281,022Oct 24Feb 25Jun 25Oct 25Feb 26Jun 26Oct 26
RSI (14) · 35.9
305070
MACD (12, 26, 9) · histogram +0.71
-45.1-24.8-4.515.836.1
Price · -73.0% over the period
2454867279681,210Feb 24Jul 24Dec 24May 25Oct 25Mar 26Aug 26
RSI (14) · 35.9
305070
MACD (12, 26, 9) · histogram +0.71
-43.6-23.3-317.337.6
Price: daily close adjusted for splits and bonuses, dashed line the 150-day moving average. MACD: green line, orange dashed signal, bars the histogram. Longer periods are drawn from every second or third session.

Fundamentals

Market capSales (TTM)Net profit (TTM)P/EEPS (TTM)P/BROEROE previous yearROCEDebt / equityFree cash flowEV / EBITDABeta
₹3,420 cr₹4,487 cr₹-43 cr—-3.762.15-5.5%8.4%-2.0%0.00₹587 cr29.90.88

Quarterly results

QuarterSales ₹ crNet profit ₹ crEPSEPS YoYSales YoYNet margin
Jun 20261,089484.19+5137.5%+2.3%4.4%
Mar 20261,240-68-5.85-214.3%-2.1%-5.5%
Dec 20251,051-34-2.95-202.1%-18.5%-3.2%
Sep 20251,107100.85-24.1%-1.0%0.9%
Jun 20251,06510.08-96.7%-7.8%0.1%
Mar 20251,266595.12+100.8%+6.5%4.7%
Dec 20241,290332.89-11.1%+5.0%2.6%
Sep 20241,118131.12-52.7%+0.5%1.1%
Consolidated · EPS restated onto today's share count after splits and bonuses · net profit as filed.

Minervini SEPA — earnings checks 3 of 5 pass

CheckResult
Latest quarter EPS up 25%+ on a year ago✓ Pass
EPS growth accelerating over 3 quarters✗ Fail
Sales up 25%+, or sales growth accelerating✓ Pass
Annual EPS up 25%+ in each of the last 2 years✗ Fail
Net margin above the same quarter last year✓ Pass

Investor methods

MethodChecksScoreVerdict
Minervini
✗ Close above the 150- and 200-day averages
✗ 150-day above 200-day
✗ 200-day rising for a month
✗ 50-day above the 150- and 200-day
✗ Close above the 50-day
✗ At least 25% above the 52-week low · low 290.05
✗ Within 25% of the 52-week high · high 548.00
✗ RS percentile 70 or more · RS 7
Trend template - the gate, measured: a modest 21-day edge.
0/80 of 8
Weinstein
Stan Weinstein's stage analysis on the 30-week moving average.
Stage 4 - declining
CAN SLIM
✓ C latest quarter EPS up 25%+
✗ A annual EPS up 25%+ in each of the last 2 years · O'Neil asks 3; ~2 held
✗ N within 15% of the 52-week high · high 548.00
✓ S more volume on up days than down days (50 sessions) · 1.52x
✗ L RS percentile 80 or more · RS 7
— I institutional sponsorship rising · shareholding not collected yet
✓ M market in an uptrend (40%+ of stocks above their 200-day) · breadth 45%
William O'Neil's growth-leader checklist.
3/6Average
Darvas
✗ New 52-week high in the last 120 sessions
Darvas needs a new 52-week high to start a box.
10/100No box
Turtle
✗ Close above the prior 55-session high · 407.50
✗ Close above the prior 20-session high · 347.65
✗ Close below the prior 20-session low · 289.05
Donchian channel breakout - the Turtle traders' entry.
No signal
Greenblatt
— Earnings yield (EBITDA / EV) · 3.3%
— Return on capital (ROCE) · -2.0%
Joel Greenblatt's Magic Formula: good businesses at good prices, ranked across all companies. Earnings yield uses EBITDA, as EBIT is not held separately.
5/100Weak
Graham
Needs positive earnings and book value.
Not assessable
Piotroski
✗ Profitable (ROA > 0)
✓ Operating cash flow positive
✗ ROA rising
✓ Cash flow above net profit (earnings quality)
✓ Long-term debt / assets falling
✗ Current ratio rising · 1.11
✓ No new shares issued
✗ Margin rising (net margin)
✗ Asset turnover rising
Joseph Piotroski's F-score, FY 2025 -> 2026.
4/9Weak
Each method's own rules applied to this stock - information, not a buy or sell signal. All were tested on 2024-26 data; only the Minervini trend template showed a consistent edge.

Consumer Products sector — top 10 by 1-year return

Stock1M %3M %6M %1Y %3Y %5Y %P/EP/BROE %ROCE %ROA %D/EEV/EBITDA₹ CrSales TTM ₹ CrProfit TTM ₹ CrEPSBeta
BAJAJELEC this stock-8.3-11.3-25.4-45.1-73.0-76.7—2.15-5.5-2.0—0.0029.93,4204,487-43-3.80.88
WELSPUNLIV+1.2+33.0+71.2+78.6——74.74.184.26.3—0.3726.620,5309,9342862.91.16
ARVIND-7.9-4.1+32.2+65.6+167.3+287.632.23.3010.613.9—0.3614.513,3469,79843015.80.81
GHCLTEXTIL+0.5+9.6+38.1+63.0+53.8—12.40.804.86.3—0.098.91,1961,4609610.11.32
GAEL+5.4+15.0+12.8+52.2-8.0+89.818.22.309.712.4—0.1314.87,5896,0324169.10.82
APEX-6.3-19.9-33.3+41.2+45.6+12.719.71.917.610.4—0.0114.41,0119275116.42.05
THELEELA+15.2+26.4+44.9+41.0——33.53.176.9——0.2425.520,7971,70646318.60.61
HIRECT-11.6-12.2+24.2+37.2+493.9+1127.253.818.1124.418.4—1.1348.63,7761,0433220.41.39
SPAL-7.5-13.0+18.4+32.9+55.9+178.322.02.4411.214.6—0.4211.32,3131,57610541.90.80
STYLEBAAZA+1.6+35.4+15.9+21.4——62.36.6411.020.2—0.7710.92,9901,950476.31.22
VENKEYS+4.8+13.4+9.0+19.2-16.6-43.414.01.528.811.9—0.1010.42,4323,980169123.11.03
A blank in a return column means the stock is younger than that window. P/B and ROE come from each company's own filings where held.

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Prices as of 2026-10-19, end of day, from NSE. Fundamentals from each company's own exchange filings (XBRL), EPS restated for splits and bonuses. Figures may be delayed and are for information only.
For research & education only — not investment advice. The methods, checks and verdicts are automated rules applied to public data, not buy/sell recommendations. StockLearn is an independent product of ClusterMicro Technologies, not affiliated with or endorsed by the NSE or any exchange. ClusterMicro Technologies is not a SEBI-registered investment adviser. Consult a SEBI-registered adviser before investing.