Tata Mutual Fund acquired 11,54,768 shares, representing a 1.00% stake in Bajaj Electricals, valued at ₹38.29 crore at a share price of ₹331.45.
A diversified manufacturer of household appliances and electrical products, Bajaj Electricals operates across consumer appliances, fans, lighting, and engineering procurement and construction solutions. The company markets premium brands including Morphy Richards and Nirlep, serving both domestic and export markets. Its business spans illumination, transmission towers, and power distribution infrastructure, establishing itself as a comprehensive provider in home appliances and electrical solutions.
AMC subsidiary of the Tata Group, India's most diversified conglomerate. Manages over Rs 1.8 lakh crore with a wide range of equity, debt and hybrid schemes. Part of the broader Tata Capital financial services ecosystem. Tata Small Cap Fund and Tata Digital India Fund have been among the most popular thematic and segment-specific equity offerings.
