Stock Report - Bajaj Electricals

by G John wesley on Saturday, February 11, 2012

Stock Report - Bajaj Electricals

Link to IndianStocksNews.com - Best Stocks To Buy and Stock Tips

Stock Report - Bajaj Electricals

Posted: 11 Feb 2012 06:19 PM PST

Bajaj Electricals (BEL) has posted strong growth in 3QFY12. This stock research report by Angel Broking recommends to buy stocks of Bajaj Electricals. Bajaj Electricals (BEL) posted strong top-line growth of 15.1% yoy to Rs.794cr (Rs.690cr) in 3QFY2012. The company's OPM fell by 212bp yoy but improved by 66bp qoq to 8.2%. PAT for the quarter came in at Rs.33cr (Rs.41cr), down 19.1% yoy. ...

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