Bajaj Steel Industries Ltd Share Price – BSE

Capital Goods-Non Electrical Equipment, Small Cap

The plant has an annual installed capacity of about 25,000 million tonnes (MT).

Bajaj Steel manufactures cotton processing machinery, equipment and their spare parts, PEBs, electrical panels, fire-fighting equipment, steel doors and heavy engineering equipment. The company is one of the few players with operations across the entire ginning process value chain.

The company's consolidated net profit rose 2.47% to Rs 17.43 crore on a 0.64% decline in net sales to Rs 152.22 crore in Q2 FY25 as compared with Q2 FY24.

The scrip rose 0.22% to currently trade at Rs 729 on the BSE.

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Bajaj Steel Industries has received an export order worth Rs 24 crore for Design, manufacturing, supply, supervision of installation, and commissioning of Electrical Panel, Fire Fighting and HVAC Products, to be delivered over a period of 1 year.

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Net profit of Bajaj Steel Industries rose 2.47% to Rs 17.43 crore in the quarter ended September 2024 as against Rs 17.01 crore during the previous quarter ended September 2023. Sales declined 0.64% to Rs 152.22 crore in the quarter ended September 2024 as against Rs 153.20 crore during the previous quarter ended September 2023.

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Bajaj Steel Industries has allotted 1,56,00,000 equity shares in ratio of 3:1 on 12 November 2024. After the allotment of bonus equity shares, the paid up share capital of the Company stands increased to Rs.10,40,00,000/- divided into 20800000 equity shares of Rs.5/- each.

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