Open Demat
Be a Partner
Samadhan
Install App
Install App

13761

503960

BBL

img img img img
Compare to down-arrow
View down-arrow
Display down-arrow
Studies down-arrow
No Data Available

BHARAT BIJLEE LTD Share Price Update

As of the latest trading session, BHARAT BIJLEE LTD is trading at ₹2774.2, up by ₹84.19 or 3.12% from its previous close. The stock has moved between ₹2692.20 and ₹2806.70 today. Over the past year, the stock has delivered a return of -8.80%. In the last month, it has returned -1.23%.

BHARAT BIJLEE LTD performance

Today’s low Today’s high
₹ 2692.20 ₹ 2806.70
₹ 2774.20
52 week low 52 week high
₹ 2051.70 ₹ 3411.00
₹ 2774.20
Open Price ₹ 2704.80
Prev. Close ₹ 2690.00
Volume (Shares) 78837.00
Total traded value ₹ 2187.09
Upper Circuit ₹ 3228.00
Lower Circuit ₹ 2152.00
info

Investment Returns

Over 1 Month -1.23% Over 3 Months 13.97% Over 6 Months -3.53% Over 1 Year -8.80%
demotext Smart Investing Starts here ! Trade Smart with Fast Execution & Zero Account Opening Fees Invest Now

BHARAT BIJLEE LTD fundamentals


  • Market cap (Cr) 3,135.70
  • P/E Ratio (TTM) 26.08
  • Beta 0.72
  • Book Value / share 1,794.84
  • Return on equity 7.02%
  • EPS (TTM) 106.25
  • Dividend yield 1.26%
  • Net profit/quarter (Cr) 39.30
info icon alternate text
  • Market cap (Cr) 3,132.40
  • P/E Ratio (TTM) 26.08
  • Beta 0.62
  • Book Value / share 1,794.84
  • Return on equity 7.02%
  • EPS (TTM) 106.25
  • Dividend yield 1.26%
  • Net profit/quarter (Cr) 39.30
info icon alternate text

BHARAT BIJLEE LTD Financials

  • Key Results
  • Key Ratios
  • Balance sheet
  • Cash Flow
  • Competition
info-icon
Revenue
Net income
Particulars MAR 2026 (Values in Cr)
Revenue 767.09
Operating Expense 724.46
Net Profit 39.30
Net Profit Margin (%) 5.12
Earnings Per Share (EPS) 34.76
EBITDA 65.06
Effective Tax Rate (%) 25.11
Particulars DEC 2025 (Values in Cr)
Revenue 568.37
Operating Expense 544.40
Net Profit 24.68
Net Profit Margin (%) 4.34
Earnings Per Share (EPS) 21.84
EBITDA 43.54
Effective Tax Rate (%) 25.64
Particulars SEP 2025 (Values in Cr)
Revenue 473.44
Operating Expense 447.69
Net Profit 28.23
Net Profit Margin (%) 5.96
Earnings Per Share (EPS) 24.98
EBITDA 46.53
Effective Tax Rate (%) 24.65
Particulars JUN 2025 (Values in Cr)
Revenue 464.90
Operating Expense 438.15
Net Profit 27.88
Net Profit Margin (%) 5.99
Earnings Per Share (EPS) 24.66
EBITDA 43.92
Effective Tax Rate (%) 24.70
Particulars MAR 2025 (Values in Cr)
Revenue 619.10
Operating Expense 564.48
Net Profit 50.31
Net Profit Margin (%) 8.12
Earnings Per Share (EPS) 44.51
EBITDA 76.86
Effective Tax Rate (%) 26.12
Particulars MAR 2026 (Values in Cr)
Revenue 2273.80
Operating Expense 2154.70
Net Profit 120.09
Net Profit Margin (%) 5.28
Earnings Per Share (EPS) 106.24
EBITDA 199.04
Effective Tax Rate (%) 25.02
Particulars MAR 2025 (Values in Cr)
Revenue 1901.69
Operating Expense 1766.13
Net Profit 133.65
Net Profit Margin (%) 7.02
Earnings Per Share (EPS) 118.24
EBITDA 210.79
Effective Tax Rate (%) 25.34
Particulars MAR 2024 (Values in Cr)
Revenue 1872.48
Operating Expense 1736.65
Net Profit 131.44
Net Profit Margin (%) 7.01
Earnings Per Share (EPS) 232.57
EBITDA 210.12
Effective Tax Rate (%) 24.49
Particulars MAR 2023 (Values in Cr)
Revenue 1418.50
Operating Expense 1336.20
Net Profit 83.22
Net Profit Margin (%) 5.86
Earnings Per Share (EPS) 147.26
EBITDA 146.36
Effective Tax Rate (%) 25.26
Particulars MAR 2022 (Values in Cr)
Revenue 1265.74
Operating Expense 1215.20
Net Profit 55.58
Net Profit Margin (%) 4.39
Earnings Per Share (EPS) 98.34
EBITDA 107.64
Effective Tax Rate (%) 25.45
Particulars MAR 2025 (Values in Cr)
Book Value / Share 1717.84
ROE % 7.02
ROCE % 9.60
Total Debt to Total Equity 0.06
EBITDA Margin 11.30
Particulars MAR 2024 (Values in Cr)
Book Value / Share 3301.12
ROE % 8.11
ROCE % 10.65
Total Debt to Total Equity 0.13
EBITDA Margin 11.37
Particulars MAR 2023 (Values in Cr)
Book Value / Share 2437.72
ROE % 6.65
ROCE % 8.80
Total Debt to Total Equity 0.23
EBITDA Margin 10.48
Particulars MAR 2022 (Values in Cr)
Book Value / Share 1987.68
ROE % 5.30
ROCE % 7.52
Total Debt to Total Equity 0.25
EBITDA Margin 8.76
Particulars MAR 2021 (Values in Cr)
Book Value / Share 1720.35
ROE % 3.02
ROCE % 5.02
Total Debt to Total Equity 0.28
EBITDA Margin 8.96
Particulars MAR 2025 (Values in Cr)
Cash & Short Term Investments 400.31
Total Assets 2621.76
Total Liabilities 2621.76
Total Equity 1941.16
Share Outstanding 1
Price to Book Ratio 1.68
Return on Assets (%) 5.09
Return on Capital (%) 6.61
Particulars MAR 2024 (Values in Cr)
Cash & Short Term Investments 169.33
Total Assets 2504.93
Total Liabilities 2504.93
Total Equity 1865.13
Share Outstanding 0
Price to Book Ratio 1.94
Return on Assets (%) 5.24
Return on Capital (%) 6.52
Particulars MAR 2023 (Values in Cr)
Cash & Short Term Investments 16.09
Total Assets 2051.51
Total Liabilities 2051.51
Total Equity 1377.69
Share Outstanding 0
Price to Book Ratio 1.04
Return on Assets (%) 4.05
Return on Capital (%) 5
Particulars MAR 2022 (Values in Cr)
Cash & Short Term Investments 11.73
Total Assets 1659.66
Total Liabilities 1659.66
Total Equity 1123.35
Share Outstanding 0
Price to Book Ratio 0.88
Return on Assets (%) 3.34
Return on Capital (%) 3.96
Particulars MAR 2021 (Values in Cr)
Cash & Short Term Investments 15.51
Total Assets 1475.96
Total Liabilities 1475.96
Total Equity 972.27
Share Outstanding 0
Price to Book Ratio 0.65
Return on Assets (%) 1.76
Return on Capital (%) 2.15
Particulars MAR 2025 (Values in Cr)
Net Income 179.02
Cash from Operations 220.43
Cash from Investing -54.40
Cash from Financing -123.29
Net change in Cash -2.39
Free Cash Flow 255.50
Particulars MAR 2024 (Values in Cr)
Net Income 174.07
Cash from Operations 283.45
Cash from Investing -52.05
Cash from Financing -181.92
Net change in Cash 7.09
Free Cash Flow 317.48
Particulars MAR 2023 (Values in Cr)
Net Income 111.35
Cash from Operations 77.71
Cash from Investing -9.83
Cash from Financing -31.20
Net change in Cash 10.65
Free Cash Flow 93.52
Particulars MAR 2022 (Values in Cr)
Net Income 74.55
Cash from Operations 8.61
Cash from Investing -13.68
Cash from Financing 17.48
Net change in Cash -5.52
Free Cash Flow 25.07
Particulars MAR 2021 (Values in Cr)
Net Income 36.65
Cash from Operations 44.83
Cash from Investing -12.60
Cash from Financing -20.05
Net change in Cash 6.17
Free Cash Flow 62.15
Company Name Price P/E P/B Market Cap 52 Week Low 52 Week High
CG Power and Industrial Soluti 866.15 110.90 17.11 136414.92 525.50 887.50
ABB INDIA LIMITED 6688.85 93.06 18.08 141742.33 4640.50 7824.95
JYOTI LTD. 71.14 7.10 -5.29 164.28 48.50 133.00
KAYCEE INDUSTRIES LTD. 844.00 60.81 8.50 267.84 632.30 1645.70
MODERN INSULATORS LTD. 411.20 30.17 3.91 1938.56 88.32 412.00
Company Name Price P/E P/B Market Cap 52 Week Low 52 Week High
CG Power and Industrial Soluti 866.15 101.54 16.60 136414.92 525.50 887.50
GE Vernova T&D India Limited 4851.20 97.10 46.17 124214.98 1805.15 4950.00
ABB INDIA LIMITED 6688.85 93.06 18.08 141742.33 4640.50 7824.95
JYOTI LTD. 71.14 7.23 -3.77 164.28 48.50 133.00

BHARAT BIJLEE LTD shareholding pattern

Holding
44.29%
33.65%
4.1%
17.95%
Name Shares Category
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)
(%)

News

Left Arrow
Right Arrow

BHARAT BIJLEE LTD Technicals Summary

  • EMA & SMA
  • Resistance and Support
  • Delivery and Volume
  • Beta
  • Price Change Analysis
2774.20 3.13 redarrow
red-green-graph indicator
4 Bearish
12 Bullish
  • 5 Days 2708.00
  • 26 Days 2711.50
  • 10 Days 2706.50
  • 50 Days 2665.80
  • 12 Days 2712.50
  • 100 Days 2665.50
  • 20 Days 2720.50
  • 200 Days 2804.50
2729.60 PIVOT
First Support 2632.60 First Resistance 2787.00 Second Support 2575.20 Second Resistance 2884.00 Third Support 2478.20 Third Resistance 2941.40
RSI 53.68 ADX 15.93 MACD 1.06 Williams % R -56.63 Commodity Channel Index (CCI) -27.75
Date 2026-05-22 Week 29710.00 Same Day 40963.00 Month 41484.00
1 Year 0.73 3 Year 1.30
Over 1 Month
-1.23% down
Over 1 Year
-8.80% down
Over 3 Months
13.97% down
Over 3 Years
23.95% down
Over 6 Months
-3.53% down
Over 5 Years
33.02% down

BHARAT BIJLEE LTD Corporate Actions

Dividend date Dividend amount Dividend type Record date Instrument type
04 Sep 2025 35.0 Final 04 Sep 2025 Equity shares
21 Aug 2024 35.0 Final 22 Aug 2024 Equity shares
06 Sep 2023 40.0 Final 07 Sep 2023 Equity shares
19 Sep 2022 10.0 Special 21 Sep 2022 Equity shares
19 Sep 2022 20.0 Final 21 Sep 2022 Equity shares
15 Sep 2021 5.0 Final 17 Sep 2021 Equity shares
05 Mar 2020 12.5 Interim 06 Mar 2020 Equity shares
29 Aug 2019 12.5 Final 02 Sep 2019 Equity shares
19 Jun 2018 2.5 Final 21 Jun 2018 Equity shares
20 Jun 2013 2.5 Final 24 Jun 2013 Equity shares
21 Jun 2012 25.0 Final 25 Jun 2012 Equity shares
16 Jun 2011 25.0 Final 20 Jun 2011 Equity shares
17 Jun 2010 25.0 Final 21 Jun 2010 Equity shares
23 Jun 2009 25.0 Final 25 Jun 2009 Equity shares
12 Jun 2008 30.0 Final 16 Jun 2008 Equity shares
14 Jun 2007 25.0 Final 18 Jun 2007 Equity shares
08 Jun 2006 0.0 Final 01 Jan 0001 Equity shares
28 Jul 2005 0.0 Final 01 Aug 2005 Equity shares
Ex-Date Ex-Bonus Ratio
27 Dec 1995 27 Nov 1995 1:2
Ex-Date Old FV NEW FV Record Date
24 Apr 2024 10.0 5.0 24 Apr 2024
09 Sep 2005 100.0 10.0 16 Sep 2005
Dividend date Dividend amount Dividend type Record date Instrument type
04 Sep 2025 35.0 Final 04 Sep 2025 Equity shares
21 Aug 2024 35.0 Final 22 Aug 2024 Equity shares
06 Sep 2023 40.0 Final 07 Sep 2023 Equity shares
19 Sep 2022 10.0 Special 21 Sep 2022 Equity shares
19 Sep 2022 20.0 Final 21 Sep 2022 Equity shares
15 Sep 2021 5.0 Final 17 Sep 2021 Equity shares
05 Mar 2020 12.5 Interim 06 Mar 2020 Equity shares
29 Aug 2019 12.5 Final 02 Sep 2019 Equity shares
19 Jun 2018 2.5 Final 21 Jun 2018 Equity shares
20 Jun 2013 2.5 Final 24 Jun 2013 Equity shares
21 Jun 2012 25.0 Final 25 Jun 2012 Equity shares
16 Jun 2011 25.0 Final 20 Jun 2011 Equity shares
17 Jun 2010 25.0 Final 21 Jun 2010 Equity shares
23 Jun 2009 25.0 Final 25 Jun 2009 Equity shares
12 Jun 2008 30.0 Final 16 Jun 2008 Equity shares
14 Jun 2007 25.0 Final 18 Jun 2007 Equity shares
08 Jun 2006 0.0 Final 01 Jan 0001 Equity shares
28 Jul 2005 0.0 Final 01 Aug 2005 Equity shares
Ex-Date Ex-Bonus Ratio
27 Dec 1995 27 Nov 1995 1:2
Ex-Date Old FV NEW FV Record Date
24 Apr 2024 10.0 5.0 24 Apr 2024
09 Sep 2005 100.0 10.0 16 Sep 2005

Top Gainers

up-arrow (%)

Top Losers

up-arrow (%)

BHARAT BIJLEE LTD Share Price

Bharat Bijlee Limited is a pioneer in the electrical engineering industry in India established in 1946. A multi-product, multi-divisional organisation, its main products are transformers, electric motors, magnet technology machines and drives & automation system. The Company undertakes turnkey projects (switchyards).

The Company operates in two business segments, viz. Power Systems and Industrial Systems. Power Systems division comprises the design, manufacture, commissioning and marketing of power transformers; EPC projects for electrical substations including delivery, rectification, commissioning and servicing of transformers; and marketing of maintenance products. Industrial Systems division comprises the development, marketing and manufacture of a wide range of standard and customized electric motors, magnet technology machines and the engineering and supply of drives and automation solutions. Company works a manufacturing plant at Navi Mumbai in Maharashtra.

The Company began to manufacture transformers in year 1954. In the year 1958, the company made a technical collaboration and distribution agreement with Siemens AG for motors and transformers. In the year 1966, Kalwe plant was commissioned for manufacturing the motors and transformers which has modern special purpose automatic machinery and sophisticated meteorological test field and quality control equipment.

In the year 1972, the company diversified into the manufacture and installation of Olympus elevators. In the year 1980, the company entered into the direct marketing of transformers which was earlier done by Siemens. The company's own sales and servicing infrastructure dealt directly with utilities and industrial buyers of transformers while their motors were distributed by Cable Corporation of India. In the year 1990, the company's sales and service network also took over the direct marketing of motors and pumps. Thus, their products are marketed and serviced through their nation wide network of registered and branch offices.

In the year 1986, the company made a ten year collaboration with Schindler, Switzerland gave Bharat Bijlee ongoing access to state of the art technology in vertical transportation. The elevator field operations business of the company was transfered to Olympus Elevator Pvt Ltd, a subsidiary of Kone Elevators (India) Pvt Ltd with effect from December 23, 2004. During the year 2004-05, the new state of the art transformer plant was commissioned, making available an additional annual production capacity of 2000 MVA. The company manufactured 2 Nos of 100 MVA, 220 KV power transformers for Karnataka Power Transmission Corp Ltd in the new transformer plant during the year 2004-05.

The company inaugurated PWRLEX, the new Transformer Plant on March 22, 2006. This increased the company's manufacturing capacity to 8000 MVA. During the year 2007-08, the company made a technology transfer Agreement with Permanent Magnets SA, Spain, for manufacturing and marketing of gearless machines for elevators. The company has also entered into an exclusive distributorship and service agreement with KEB of Germany to market and service the KEB range of AC Variable Speed Drives.

In November 2007, the company was recognised with the award 'Best Under a Billion', as one of a select list of 200 small and mid-sized companies in Asia by Forbes Asia. The company was also awarded a Certificate of Appreciation for best stall in their category at ELECRAMA 2008.

The capacity expansion of the transformer plant is in progress and the full capacity of 11000 MVA is expected to available for production during the financial year 2008-09.

During year 2009, the Company introduced 2 new products, AC Variable Speed Drives under Distribution and Service Agreement with KEB of Germany, and Synchronous Permanent Magnet Gearless Machines for Elevators which is now manufactured in collaboration with Permagsa S.A. of Spain.

During the year 2011, one of the transformer plants was upgraded and modernised to cater more to international business; which enhanced production capacity of higher ratings up to 220 KV. Training from an International High Voltage Institute in specialised design software for Transformers up to 500 KV was completed.

The Company increased its Drives & Automation service centre in FY 2024. In 2025, it completed the first outdoor GIS (Gas Insulated Switchyard) project at Navi Mumbai for a reputed business house. Company has embarked on capacity expansion of transformer manufacturing facility at its Airoli works in 2025. It further inaugurated a new expanded Drives & Automation plant at the factory in Airoli.
.

Parent organization Indian Private
NSE symbol BBL
Founded 1946
stock
Trade stocks with ease

Sign-in to trade with your demat account, or set up a new demat account for free

Board Of Directors

Left Arrow
P V Mehta Chairman(Non Exe)&Dir(Non-Ind)
Nikhil J Danani Vice Chairman & M.D.
Nakul P Mehta Vice Chairman & M.D.
Shome N Danani Executive Director
Sanjiv N Shah Non-Exec & Non-Independent Dir
Jairaj C Thacker Non-Exec & Non-Independent Dir
Rajeshwar D Bajaaj. Non-Exec & Non-Independent Dir
Mahnaz A Curmally Independent Non Exe. Director
Conrad D Souza Independent Non Exe. Director
Premal Pradip Madhavji Independent Non Exe. Director
Jehangir H C Jehangir Independent Non Exe. Director
D N Nagarkar CS / Compliance Officer / Senior General Manager
Right Arrow

Similar stocks

Left Arrow
similar-logo POWERINDIA
-2.45%
35555 -895.00
down-arrow
similar-logo BHEL
0.09%
408.55 0.39
down-arrow
similar-logo ABB
1.38%
6689.5 91.50
down-arrow
similar-logo CGPOWER
0.09%
865.7 0.79
down-arrow
similar-logo SIEMENS
2.44%
3811.7 91.09
down-arrow
similar-logo GVT&D
1.14%
4849.5 54.89
down-arrow
similar-logo WAAREEENER
-1.93%
2997.5 -59.10
down-arrow
similar-logo SUZLON
1.66%
53.75 0.88
down-arrow
similar-logo THERMAX
-2.63%
4454.6 -120.39
down-arrow
similar-logo APARINDS
-0.56%
12782 -73.00
down-arrow
Right Arrow

Frequently Asked Questions

What is the Current Share Price of Bharat Bijlee Ltd?

Answer Field

Bharat Bijlee Ltd share price is for NSE ₹ 2,774.20 & for BSE ₹ 2,766.00 as on May 22 2026 03:30 PM.

What is the Market Cap of Bharat Bijlee Ltd Share?

Answer Field

The market cap of Bharat Bijlee Ltd for NSE ₹ 3,135.70 & for BSE ₹ 0.00 as on May 22 2026 03:30 PM.

What is the 52 Week High and Low of Bharat Bijlee Ltd?

Answer Field

The 52 Week High and Low of Bharat Bijlee Ltd for NSE is ₹ 3,411.00 and ₹ 2,051.70 and for BSE is ₹ 3,403.40 and ₹ 2,009.45.

What is 1 year return for Bharat Bijlee Ltd?

Answer Field

The 1 year returns on the stock has been -8.80%.

What is the P/E Ratio of Bharat Bijlee Ltd Share?

Answer Field

As on May 22 2026 03:30 PM the price-to-earnings (PE) ratio for Bharat Bijlee Ltd share is 26.08.

What is the PB ratio of Bharat Bijlee Ltd Share?

Answer Field

As on May 22 2026 03:30 PM, the price-to-book (PB) ratio for Bharat Bijlee Ltd share is 1794.84.

How to Buy Bharat Bijlee Ltd Share?

Answer Field

You can trade in Bharat Bijlee Ltd shares with Bajaj Broking by opening a demat account.

How to Buy Bharat Bijlee Ltd Share on Bajaj Broking App?

Answer Field

To buy Bharat Bijlee Ltd shares on the Bajaj Broking app, follow these steps:

• Login to the Bajaj Broking App

• Click on the Search Icon

• Search “Bharat Bijlee Ltd”

• Click on the BUY icon

• Place a buy order specifying the desired quantity of shares.

• Click BUY again to complete the purchase

No results found

close-image

Get Free Demat Account*

+91
close-img

Authorise with OTP

Enter the 4-Digit OTP sent to
edit
OTP expires in 00:59
banner-icon

Open Your Free Demat Account

Enjoy low brokerage on delivery trades

+91

|

Please Enter Mobile Number

Open Your Free Demat Account

Enjoy low brokerage on delivery trades

+91

|

Products

arrow

Calculators

arrow

Platforms

arrow

Mutual Funds & SIP

arrow

Important Links

arrow

Explore

arrow

Corporate

arrow

Discover

arrow

Popular Stocks

arrow

Indian Indices

arrow

Global Indices

arrow

Sector Wise Stocks

arrow

IPO

arrow

ATTENTION INVESTORS:

“Investments in securities market are subject to market risk, read all the scheme related documents carefully before investing."

"Prevent Unauthorized transactions in your Trading/Demat Account. Update your mobile numbers/email IDs with your stock brokers/Depository Participant. Receive alerts/information of your transaction/all debit and other important transactions in your Trading/ Demat Account directly from Exchange/CDSL/NSDL at the end of the day. Issued in the interest of investors."

" We collect, retain, and use your contact information for legitimate business purposes only, to contact you and to provide you information & latest updates regarding our products & services."  

"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."

"We understand that certain investment advisors may be approaching members of the public including our clients, representing that they are our partners, or representing that their investment advice is based on our research. Please note that we have not engaged any third parties to render any investment advisory services on our behalf nor are we providing any stock recommendations/tips/research report/advisory. Persons making investments on the basis of such advice may lose all or a part of their investments along with the fee paid to such unscrupulous persons. Please be cautious about any phone call that you may receive from persons representing to be such investment advisors, or a part of research firm offering advice on securities. Do not make payments through e-mail links, WhatsApp or SMS. Please do not share your personal or financial information with any person without proper verification. Always trade through a registered broker."

Bajaj Financial Securities Limited is a subsidiary of Bajaj Finance Limited and is a corporate trading and clearing member of BSE Ltd. and National Stock Exchange of India Ltd. (NSEIL), and also a Depository participant with National Securities Depository Ltd (“NSDL”) and Central Depository Services Ltd. (“CDSL”).

Bajaj Financial Securities Limited is engaged in the business of Stock Broking and as a Depository Participant.Bajaj Financial Securities Limited does not provide any advisory services to its clients. Bajaj Financial Securities Limited may share updates from time to time (through various electronic communication modes) which are sourced from public domain and the same are NOT to be construed as any advice or recommendation from Bajaj Financial Securities Limited. Client is requested to independently evaluate and/or consult their professional advisors before arriving at any conclusion to make any investment. The decision to invest shall be the sole responsibility of the Client and shall not hold Bajaj Financial Securities Limited, its employees and associates responsible for any losses, damages of any type whatsoever.

BSE Ltd. is not in any manner answerable, responsible or liable to any person or persons for any acts of omission or commission, errors, mistakes and/or violation, actual or perceived, by us or our partners, agents, associates etc., of any of the Rules, Regulations, Bye-laws of the Stock Exchange, Mumbai, SEBI Act or any other laws in force from time to time.

BSE Ltd. is not answerable, responsible or liable for any information on this Website or for any services rendered by our employees, our servants, and us.

Personal Loan, Fixed Deposit, EMI Card are provided by Bajaj Finance Limited. Bajaj Financial Securities Limited is only a distributor. These are not exchange traded products and all disputes with respect to the distribution activity, would not have access to exchange investor redressal forum or Arbitration mechanism.

No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.

Please Note:

  1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020

  2. Update your mobile number & email ID with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.

  3. Pay 20% upfront margin of the transaction value to trade in cash market segment.

  4. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 and BSE vide notice no. 20200731-7 dated July 31, 2020 and 20200831-45 dated August 31, 2020 and other guidelines issued from time to time in this regard.

  5. Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.

Client Registration Documents (Rights & Obligations, Risk Disclosure Document, Do's & Don'ts) in Vernacular Language: BSE | NSE

If the client wishes to revoke /cancel the EDIS mandate placed by them, they can write on email us or call on the toll free number.

Advisory for Investors : NSE | BSE

We also do pro-account trading in Equity & Derivatives Segment.

Filling complaints on SCORES - Easy & Quick

A.  Register on SCORES portal B. Mandatory details for filling complaints on SCORES (i) Name, PAN, Address, Mobile Number, E-mail ID C. Benefits: (i) Effective Communication (ii) Speedy redressal of the grievances.

SEBI Registration No.: INZ000218931 | BSE Cash/CDS/F&O (Member ID: 6706) | NSE Cash/F&O/CDS (Member ID: 90177) | MCX Member ID: 57680 | DP registration No : IN-DP-418-2019 | CDSL DP No.: 12088600 | NSDL DP No. IN304300 | AMFI Registration No.: ARN – 163403 Research Analyst SEBI Registration No. INH000010043

Compliance officer:

Mr. Boudhayan Ghosh 
TEL: 020-48574486
Email for any investor grievances or write to us for DP related matters.

DISCLAIMER

STANDARD DISCLAIMER

Investments in the securities market are subject to market risk, read all related documents carefully before investing.

Reg Office: Bajaj Auto Limited Complex, Mumbai –Pune Road Akurdi Pune 411035. Corporate Office: Bajaj Financial Securities Limited, 1st Floor, Mantri IT Park, Tower B, Unit No 9 & 10, Viman Nagar, Pune, Maharashtra 411014. SEBI Registration No.: INZ000218931 | BSE Cash/F&O/CDS (Member ID:6706) | NSE Cash/F&O/CDS (Member ID: 90177) | MCX Member ID: 57680 | DP registration No: IN-DP-418-2019 | CDSL DP No.: 12088600 | NSDL DP No. IN304300 | AMFI Registration No.: ARN –163403. 

Website: Bajaj Broking

RESEARCH DISCLAIMER

Broking services offered by Bajaj Financial Securities Limited | Registered Office: Bajaj Auto Limited Complex , Mumbai –Pune Road Akurdi Pune 411035 | Corporate Office: Bajaj Financial Securities Limited, 1st Floor, Mantri IT Park, Tower B, Unit No 9 & 10, Viman Nagar, Pune, Maharashtra 411014 | CIN: U67120PN2010PLC136026 | Research Analyst SEB I Registration No: INH000010043.

Details of Compliance Officer: 

Mr. Boudhayan Ghosh (For Broking/DP/Research)
Email | Contact No.: 020-4857 4486 

Investment in the securities involves risks, investor should consult his own advisors/consultant to determine the merits and risks of investment.

DISCLOSURES

Disclosures under the provisions of SEBI (Research Analysts) Regulations 2014 (Regulations) 

Bajaj Financial Securities Limited ("Bajaj Broking" or "Research Entity") is regulated by the Securities and Exchange Board of India ("SEBI") and is licensed to carry on the business of broking, depository services and related activities. There were no instances of non-compliance by Bajaj Financial Securities Limited on any matter related to the capital markets, resulting in significant and material disciplinary action during the last three years. This research report has been prepared and distributed byBajaj Financial Securities Limited in the capacity of a Research Analyst as per Regulation 22(1) of SEBI (Research Analysts) Regulations 2014 having SEBI Registration No. INH000010043. 

DISCLAIMER

This e-mail/ short message service (SMS) may contain confidential, proprietary or legally privileged information. It should not be used by anyone who is not the original intended recipient. If you have erroneously received this message, please delete it immediately and notify the sender. The recipient acknowledges thatBajaj Financial Securities Limited or its holding and/or associated companies, as the case may be, are unable to exercise control or ensure or guarantee the integrity of/over the contents of the information contained in e-mail /SMS transmissions and further acknowledges that any views expressed in this message are those of the individual sender and no binding nature of the message shall be implied or assumed unless the sender does so expressly with due authority of Bajaj Financial Securities Limited. This message is not intended as an offer or publication or solicitation for distribution for subscription of or purchase or sale of any securities or financial instrument(s) to anyone in whose jurisdiction such subscription etc. requires prior local regulatory clearance or is contrary to the local laws of the land in any manner or as an official confirmation of any transaction. Before opening any attachments, please check them for viruses and defects. 

This service / information is strictly confidential and is being furnished to you solely for your information. This information should not be reproduced or redistributed or passed on directly or indirectly in any form to any other person or published, copied, in whole or in part, for any purpose unless otherwise expressly authorised. This service / information is not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction, where such distribution, publication, availability or use would be contrary to law, regulation or which would subjectBajaj Financial Securities Limited and affiliates/ group/holding companies to any registration or licensing requirements within such jurisdiction. The distribution of this document in certain jurisdictions may be restricted by law, and persons in whose possession this document comes, should inform themselves about and observe any such restrictions.  

The data would be provided to the clients on an "as is" and "where-is" basis, without any warranty. Bajaj Financial Securities Limited or its subsidiaries and associated companies shall not be liable for any delay or any other interruption which may occur in providing the data due to any reason including network (Internet) reasons or snags in the system, breakdown of the system or any other equipment, server breakdown, maintenance shutdown, breakdown of communication services or inability of the Bajaj Financial Securities Limited or its subsidiaries and associated companies to provide the data. In no event shall the Bajaj Financial Securities Limited or its holding and associated companies be liable for any damages, including without limitation direct or indirect, special, incidental, or consequential damages, losses or expenses arising in connection with the data provided by the Bajaj Financial Securities Limited or its holding and associated companies.

ADDITIONAL DISCLAIMER FOR U.S. PERSONS

Bajaj Financial Securities Limited is not a registered broker-dealer under the U.S. Securities Exchange Act of 1934, as amended (the"1934 act") and under applicable state laws in the United States. In addition, Bajaj Financial Securities Limited is not a registered investment adviser under the U.S. Investment Advisers Act of 1940, as amended (the "Advisers Act" and together with the 1934 Act, the "Acts), and under applicable state laws in the United States. Accordingly, in the absence of specific exemption under the Acts, any brokerage and investment services provided by Bajaj Financial Securities Limited, including the products and services described herein are not available to or intended for U.S. persons. This email message does not constitute an offer or invitation to purchase or subscribe for any securities or solicitation of any investments or investment services and/or shall not be considered as an advertisement tool. "U.S. Persons" are generally defined as a natural person, residing in the United States or any entity organized or incorporated under the laws of the United States. US Citizens living abroad may also be deemed "US Persons" under certain rules.  

ADDITIONAL DISCLAIMER FOR CANADIAN PERSONS

Bajaj Financial Securities Limited is not a registered adviser or dealer under applicable Canadian securities laws nor has it obtained an exemption from the adviser and/or dealer registration requirements under such law. Accordingly, any brokerage and investment services provided by Bajaj Financial Securities Limited, including the products and services described herein are not available to or intended for Canadian persons.  

This mailer and its respective contents do not constitute an offer or invitation to purchase or subscribe for any securities or solicitation of any investments or investment services.  

DISCLAIMER FOR REPORT

DISCLOSURES UNDER THE PROVISIONS OF SEBI (RESEARCH ANALYSTS) REGULATIONS 2014 (REGULATIONS)

Bajaj Financial Securities Limited ("Bajaj Broking" or "Research Entity") is regulated by the Securities and Exchange Board of India ("SEBI") and is licensed to carry on the business of broking, depository services and related activities.  

This Report has been prepared by Bajaj Financial Securities Limited in the capacity of a Research Analyst having SEBI Registration No. INH000010043 and distributed as per SEBI (Research Analysts) Regulations 2014. This report does not constitute an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. The information contained herein is from publicly available data or other sources believed to be reliable. This report is provided for assistance only and is not intended to be and must not alone be taken as the basis for an investment decision. The user assumes the entire risk of any use made of this information. Each recipient of this report should make such investigation as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this document (including the merits and risks involved), and should consult his own advisors to determine the merits and risks of such investment. The investment discussed or views expressed may not be suitable for all investors.  

This information is strictly confidential and is being furnished to you solely for your information. This information should not be reproduced or redistributed or passed on directly or indirectly in any form to any other person or published, copied, in whole or in part, for any purpose. This report is not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction, where such distribution, publication, availability or use would be contrary to law, regulation or which would subject Bajaj Financial Securities Limited and associates / group companies to any registration or licensing requirements within such jurisdiction. The distribution of this report in certain jurisdictions may be restricted by law, and persons in whose possession this report comes, should observe, any such restrictions. The information given in this report is as of the date of this report and there can be no assurance that future results or events will be consistent with this information. This information is subject to change without any prior notice. Bajaj Financial Securities Limited reserves the right to make modifications and alterations to this statement as may be required from time to time. Bajaj Financial Securities Limited or any of its associates / group companies shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained in this report. Bajaj Financial Securities Limited is committed to providing independent and transparent recommendation to its clients. Neither Bajaj Financial Securities Limited nor any of its associates, group companies, directors, employees, agents or representatives shall be liable for any damages whether direct, indirect, special or consequential including loss of revenue or lost profits that may arise from or in connection with the use of the information. Our proprietary trading and investment businesses may make investment decisions that are inconsistent with the recommendations expressed herein. Past performance is not necessarily a guide to future performance .The disclosures of interest statements incorporated in this report are provided solely to enhance the transparency and should not be treated as endorsement of the views expressed in the report. The information provided in these reports remains, unless otherwise stated, the copyright of Bajaj Financial Securities Limited. All layout, design, original artwork, concepts and other Intellectual Properties, remains the property and copyright of Bajaj Financial Securities Limited and may not be used in any form or for any purpose whatsoever by any party without the express written permission of the copyright holders.  

We offer our research services to clients as well as our prospects. Though this report is disseminated to all the customers simultaneously, not all customers may receive this report at the same time. We will not treat recipients as customers by virtue of their receiving this report.  

Bajaj Financial Securities Limited and its associates, officer, directors, and employees, research analyst (including relatives) worldwide may: (a) from time to time, have long or short positions in, and buy or sell the securities thereof, of company(ies), mentioned herein or (b) be engaged in any other transaction involving such securities and earn brokerage or other compensation or act as a market maker in the financial instruments of the subject company/company(ies) discussed herein or act as advisor or lender/borrower to such company(ies) or have other potential/material conflict of interest with respect to any recommendation and related information and opinions at the time of publication of research report or at the time of public appearance. Bajaj Financial Securities Limited may have proprietary long/short position in the above-mentioned scrip(s) and therefore should be considered as interested. The views provided herein are general in nature and do not consider risk appetite or investment objective of any particular investor; readers are requested to take independent professional advice before investing. This should not be construed as invitation or solicitation to do business with Bajaj Financial Securities Limited.  

Bajaj Financial Securities Limited or its associates may have received compensation from the subject company in the past 12 months. Bajaj Financial Securities Limited or its associates may have managed or co-managed public offering of securities for the subject company in the past 12 months. Bajaj Financial Securities Limited or its associates may have received compensation for investment banking or merchant banking or brokerage services from the subject company in the past 12 months. Bajaj Financial Securities Limited or its associates may have received any compensation for products or services other than investment banking or merchant banking or brokerage services from the subject company in the past 12 months. Bajaj Financial Securities Limited or its associates have not received any compensation or other benefits from the Subject Company or third party in connection with the research report. Research analyst or his/her relative or Bajaj Financial Securities Limited’s associates may have financial interest in the subject company. Bajaj Financial Securities Limited, its associates, research analyst and his/her relative may have other potential/material conflict of interest with respect to any recommendation and related information and opinions at the time of publication of research report or at the time of public appearance.  

Research analyst has served as an officer, director or employee of subject Company: No  

Bajaj Financial Securities Limited has financial interest in the subject companies: No  

Bajaj Financial Securities Limited’s Associates may have actual/beneficial ownership of 1% or more securities of the subject company at the end of the month immediately preceding the date of publication of research report.  

Research analyst or his/her relative has actual/beneficial ownership of 1% or more securities of the subject company at the end of the month immediately preceding the date of publication of research report: No  

Bajaj Financial Securities Limited has actual/beneficial ownership of 1% or more securities of the subject company at the end of the month immediately preceding the date of publication of research report: No  

Subject company may have been client during twelve months preceding the date of distribution of the research report.  

There were no instances of non-compliance by Bajaj Financial Securities Limited on any matter related to the capital markets, resulting in significant and material disciplinary action during the last three years. A graph of daily closing prices of the securities is also available at NSE

ANALYST CERTIFICATION

The analyst for this report certifies that all of the views expressed in this report accurately reflect his or her personal views about the subject company or companies and its or their securities, and no part of his or her compensation was, is or will be, directly or indirectly related to specific recommendations or views expressed in this report.  

RISK DISCLOSURE ON DERIVATIVES

  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to ₹ 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

SEBI study dated January 25, 2023 on “Analysis of Profit and Loss of Individual Traders dealing in equity Futures and Options (F&O) Segment”, wherein Aggregate Level findings are based on annual Profit/Loss incurred by individual traders in equity F&O during FY 2021-22.

BROKERAGE DISCLAIMER

All leveraged intraday positions will be squared off on the same day. There is no restriction on the withdrawal of the unutilised margin amount. Brokerage will not exceed the SEBI prescribed limit. Visit : Pricing

MTF 

As subject to the provisions of SEBI Circular CIR/MRD/DP/54/2017 dated June 13, 2017, and the terms and conditions mentioned in the lights and obligations statement issued by the TM (if applicable).  

US INVESTING

International investment is not supervised by any regulatory body in India. Thus, any claim or dispute relating to such investment or enforcement of any agreement/contract /claim will not be under laws and regulations of the recognized stock exchanges and investor protection under Indian Securities Law. The account opening process will be carried out on Vested platform and Bajaj Financial Securities Limited will not have any role in it.  

IPO 

This should not be construed as soliciting investment. Investors’ discretion is required. Kindly consult your financial expert before investing. No need to issue cheques by investors while subscribing to IPO. Investments in securities markets are subject to market risks, read all the related documents carefully before investing.  

SCREENERS 

Screeners is not Exchange-approved products and any disputes related to the same will not be dealt on the Exchange platform. 

SECURITIES 

Securities quoted are exemplary and not recommendatory. 

IPV 

Account would be open after all procedure relating to IPV and client due diligence is completed. 

IMAGES 

The images used are only for representation purpose. Proper due diligence has been done for the images and the image is not of any artist. The same is captured from royalty free sites.

THIRD PARTY PRODUCT DISCLAIMER

Bajaj Financial Securities Limited is a distributor for Non-Broking Products/Services such as Mutual Funds, Mutual Funds SIP, IPO, Bonds, Insurance, PMS, Global Investing, any other third-party products/services. These are not Exchange Traded Products, and we are only acting as distributors. All disputes with respect to the distribution activity, would not have access to SCORES/ODR, Exchange investor redressal forum or Arbitration mechanism. Please refer to the detailed disclaimer for Third-Party Products.

DISCLOSURE TO CLIENTS REGARDING PAYOUT OF FUNDS

As per SEBI circular no. SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2023/84 dated June 08, 2023, Stockbrokers are required to upstream the entire client funds lying with them to the Clearing Corporation. Based on client’s request the funds’ release request must be placed with the Clearing Corporation. Based on the internal process and cut-off timelines of the Clearing Corporation the funds will be released to the Stock Broker. In view of this new process, as specified by the regulatory and the cut-off time of Clearing Corporation/Banks processing the funds, Bajaj Financial Securities Limited cannot commit the exact time for releasing funds payout to its client. Clients are requested to note that, Bajaj Financial Securities Limited will not be responsible for any inconvenience caused to clients due to delay in release of funds payout, including fines, delayed charges, defaults, etc.