India's Bajaj Electricals gains on wire business foray
20/01/2026 04:07
** Shares of Bajaj Electricals BJEL.NS rise 7.4% to 453 rupees, their biggest intraday pct-gain since May 2025 ** Electric appliances maker to foray into wires segment as a new business line ** Co plans to launch product shortly and assess market to ascertain investment required ** Stock rated "buy" on avg; median PT 558 rupees - data compiled by LSEG ** Stock down 37.8% in 2025 (Reporting by Aleef Jahan in Bengaluru) ((aleefjahan.cs@thomsonreuters.com))
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