Bajaj Electricals Declines 9.47%: 5 Key Factors Behind the Steep Weekly Drop

Jan 24 2026 02:03 PM IST
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Bajaj Electricals Ltd’s stock endured a challenging week from 19 to 23 January 2026, closing at Rs.393.25, down 9.47% from the previous Friday’s close of Rs.434.40. This decline notably outpaced the Sensex’s 3.31% fall over the same period, reflecting intensified selling pressure amid weak financial results, persistent downtrends, and volatile intraday swings. Despite a brief intraday rally on 20 January, the stock remained under pressure, hitting multiple 52-week lows and maintaining a ‘Strong Sell’ rating from MarketsMojo.

Key Events This Week

19 Jan: Stock hits 52-week low at Rs.425.65 amid continued downtrend

20 Jan: Intraday volatility with a 10.04% surge and new 52-week low at Rs.386.8

21 Jan: Fresh 52-week low at Rs.383.25 amid prolonged decline

22 Jan: Slight recovery with marginal gain of 0.06%

23 Jan: Week closes at Rs.393.25, down 0.14% on the day

Week Open
Rs.422.50
Week Close
Rs.393.25
-9.47%
Week High
Rs.422.50
vs Sensex
-6.16%

19 January 2026: New 52-Week Low Signals Continued Downtrend

Bajaj Electricals Ltd’s share price declined to a fresh 52-week low of Rs.425.65 on 19 January, extending a losing streak to seven consecutive sessions. The stock closed down 2.74% at Rs.422.50, underperforming the Sensex’s 0.49% decline. This persistent downtrend reflects ongoing concerns about the company’s subdued financial performance, with the stock trading below all key moving averages. The broader market also faced pressure, but Bajaj Electricals’ sharper decline highlighted its relative weakness within the Electronics & Appliances sector.

20 January 2026: Volatile Session with Intraday High and New Low

The 20 January session was marked by extreme volatility for Bajaj Electricals Ltd. The stock surged intraday by 10.04% to a high of Rs.464.10, a rebound from the prior day’s losses, before reversing sharply to hit a new 52-week low of Rs.386.80. The stock closed at Rs.412.75, down 2.31% on the day, while the Sensex fell 1.82%. This wild price action reflected heightened trading activity and uncertainty, with the stock briefly outperforming its sector peers before succumbing to selling pressure. Despite the intraday bounce, the overall trend remained bearish, with the stock trading well below its longer-term moving averages.

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21 January 2026: Fresh 52-Week Low Amid Prolonged Downtrend

On 21 January, Bajaj Electricals Ltd’s stock hit another 52-week low at Rs.383.25, closing at Rs.393.55, down 4.65%. This marked the ninth consecutive day of decline, with a cumulative loss of 17.28% over this period. The stock underperformed its sector by 3.81% and the Sensex by a wider margin. Technical indicators remained weak, with the stock trading below all major moving averages. The company’s subdued financial metrics, including a 63.99% drop in profit after tax over the latest six months and a low ROCE of 7.58%, continued to weigh on investor sentiment.

22 January 2026: Marginal Recovery Amid Market Gains

After several days of steep declines, Bajaj Electricals Ltd posted a slight gain of 0.06% on 22 January, closing at Rs.393.80. This modest recovery came as the Sensex rose 0.76%, signalling a brief respite in the broader market. However, the stock’s volume remained low, and it continued to trade below key moving averages, indicating that the underlying downtrend was not yet broken. The company’s ‘Strong Sell’ Mojo Grade and weak financial fundamentals continued to temper optimism.

23 January 2026: Week Ends with Slight Decline

The week concluded on 23 January with Bajaj Electricals Ltd closing at Rs.393.25, down 0.14% on the day. The Sensex fell 1.33%, reflecting renewed market caution. Despite the minor daily loss, the stock’s weekly decline of 9.47% significantly outpaced the Sensex’s 3.31% fall, underscoring the stock’s relative weakness. The company’s conservative debt profile, with a debt-to-equity ratio of 0.05, and institutional holdings of 23.62% have not been sufficient to offset concerns about its declining profitability and subdued growth prospects.

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Daily Price Performance vs Sensex

Date Stock Price Day Change Sensex Day Change
2026-01-19 Rs.422.50 -2.74% 36,650.97 -0.49%
2026-01-20 Rs.412.75 -2.31% 35,984.65 -1.82%
2026-01-21 Rs.393.55 -4.65% 35,815.26 -0.47%
2026-01-22 Rs.393.80 +0.06% 36,088.66 +0.76%
2026-01-23 Rs.393.25 -0.14% 35,609.90 -1.33%

Key Takeaways from the Week

Persistent Downtrend: Bajaj Electricals Ltd’s stock continued its downward trajectory, hitting multiple 52-week lows and closing the week down 9.47%, significantly underperforming the Sensex’s 3.31% decline.

Volatility and Intraday Swings: The stock experienced heightened volatility on 20 January, with a 10.04% intraday surge followed by a sharp reversal to a new low, reflecting uncertainty and active trading interest.

Weak Financial Metrics: Subdued growth in net sales (1.40% CAGR over five years), declining profits (PAT down 63.99% in latest six months), and low returns (ROCE at 7.58%, ROE at 5.2%) continue to weigh on the stock’s outlook.

Technical Weakness: Trading below all major moving averages throughout the week signals sustained bearish momentum and lack of near-term support.

Strong Sell Rating: MarketsMOJO’s Mojo Score of 26.0 and ‘Strong Sell’ grade reflect deteriorating fundamentals and market sentiment, reinforcing caution among investors.

Conclusion

Bajaj Electricals Ltd’s performance over the week ending 23 January 2026 highlights a stock under considerable pressure amid weak financial results, persistent downtrends, and volatile trading conditions. Despite a brief intraday rally, the stock’s multiple 52-week lows and sustained underperformance relative to the Sensex underscore ongoing challenges. The company’s conservative balance sheet and institutional backing have not alleviated concerns stemming from declining profitability and subdued growth. The ‘Strong Sell’ rating from MarketsMOJO further emphasises the cautious stance warranted by current fundamentals and technical indicators. Investors will be closely watching for any signs of stabilisation or reversal in the coming weeks.

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