Bajaj Electricals eyeing acquisitions in its core segment of household appliances
Bajaj Electricals (BEL) is eyeing acquisitions of brands or companies, which have a strong manufacturing base, in its core segment of household appliances. Besides, the company is also expecting a 25% top-line growth this fiscal. To ensure cost-effective operations and increase in profitability, the company’s focus would be on cost-reductions, value-engineering and doling out new product-mixes.
Recently, the company had raised Rs 160 crore through QIP, a part of which could be used for funding of these acquisitions.
Click here for technical analysis and community tips for Bajaj Electricals
Did not find what you were looking for?
Custom Search
